GFM Network News

Kazakhstan Lowers Grain Exports To Curb Inflation

Kazakhstan lowered its exportable grain surplus by 14 per cent to six million tonnes this season after diverting extra stocks to battle rising inflation, Agriculture Ministry officials said Mar. 17. Kazakhstan, the world’s seventh- largest wheat exporter, had previously said it would have seven million tonnes of grain available for export in the current season,

Kazakh Grain Crop To Recover After Export Dip

Kazakhstan, expecting a return to average crop volumes this year, has reduced its grain export forecast to seven million tonnes in the current marketing year after its drought-affected harvest fell below expectations in 2010. The world’s seventh-largest wheat exporter is forecasting a 2011 harvest of between 15 million and 16 million tonnes, helped by plentiful