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,

Black Sea exports continue to grow

The Black Sea region, with its vast tracts of uncultivated land, is poised to benefit from any rise in grain consumption in developing countries where higher incomes are changing food habits, especially demand for meat. Around 35 million to 40 million hectares of extra land that can be cultivated in Russia, Ukraine or Kazakhstan and