According to official data, as of September 10, grain crops had been threshed from 9122.2 thousand ha, or 59.4% of the plan. 13557.8 KMT was harvested with the average yield of 1.49 MT/ha. On the same date of 2015, 5679.3 KMT of grain had been harvested from 5091.9 thousand ha with the average yield of…
In 2015/2016 MY, Kazakhstan exported 86 thousand tons of grains to Azerbaijan, the Ministry of Agriculture of the Republic of Kazakhstan declared. According to the announcement, Azerbaijan remains one of the traditional export markets for Kazakh grains. But during several recent years Azerbaijan reduced purchases of Kazakh grains due to increase of domestic production volumes.…
Standard & Poor’s (S&P) Global Ratings affirmed its ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings on Kazakhstan. The S&P also affirmed the Kazakhstan national scale ratings at ‘kzAA’, the outlook on the long-term ratings is negative, the credit-rating agency said in a message on September 12. The ratings on Kazakhstan remain…
Kazakhstan specified three prospective markets for agricultural products supplying: the People’s Republic of China, the Russian Federation, and Iran, the Deputy Chairman of the Board of the National Chamber of Entrepreneurs of Kazakhstan Atameken Tulemis Shotanov declared. In particular, JSC NC Food Contract Corporation supplies more than 60% of its general export volumes of grains…
According to Kazakh Agrarian Ministry, over the last season Kazakh wheat exports to China were four times as high as in 2014/2015. In 2014/2015 MY 110 KMT was exported and in 2015/2016 the volumes reached 414 KMT. This became possible due to the possibility to transport grain in sacks as well as bulk according to…
Kazakhstan plans to export 8.5 million tons of grains in 2016/2017 MY, including flour in grain equivalent, the Deputy Chairman of Board of the National Company Food Contract Corporation JSC Sabit B. Kashkimbayev declared. In terms of the forecast grain harvest in the country, the export volumes will reach 8.5 million tons of grains, including…
The international rating agency Fitch Ratings has affirmed Kazakhstan-based JSC KazTransOil’s (KTO) Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook, the rating agency reported. “The ratings reflect KTO’s strong operational and financial profile, which we expect the company to maintain at least over the medium term, as well as its…