Trade and markets
 

Detail

Area
Kazhakstan
Commodity Group
Oilseeds, oils and meals
Commodity
Oilseeds
Date
01/11/2017
Policy Category
Production
Policy Instrument
Agricultural policy
Description
Converted area-based subsidies to payments per tonne delivered by farmers to local crushers, with a view to improving the latter’s supply with domestic raw material.
Notes
Further to the reforms announced earlier this year (see MPPU Feb.’17), government officials informed that per-hectare oilseed subsidies will be converted to payments per tonne delivered by farmers to local crushers. Reportedly, the subsidy is aimed at improving the supply of local oilseed crushers with domestic raw materials. The payment applied to farmer deliveries will amount to KZT 4 000 per tonne (USD 12), which compares to a rate of KZT 25 000 (USD 74) proposed by the private sector.