Kazakh grain exports in Iran-South Caucasus direction depend on Russian grain prices

Kazakhstan, Astana, July 10 / Trend D.Mukhtarov /

The Kazakh grain export volumes in Iran-South Caucasus direction will depend on the Russian grain price, the Director of the Department of the Kazakh Ministry of Agriculture, Anna Buts, told Trend on Tuesday.

"As for the forecasts in terms of our exports of grain in Iran - South Caucasus direction, it will all depend on the price of Russian grain. Thus, Azerbaijan and Georgia mainly buy the Russian grain, and if it is expensive, there will be more demand for our grain," Buts said.

She said in the Iranian direction annually exports traditionally amount to about one million tons of grain, to Azerbaijan and further to Georgia - about 800,000 tons of grain annually.
On the cash market price of one ton of Russian wheat in early July increased by $60.

Thus, as predicted by the Russian Ministry of Agriculture crop in the current year is estimated at 85 million tons, or 10 million tons less than in 2011.

"This year's harvest in Russia began 10 days ahead of time, grain yield is 27.2 quintals / ha compared to 48 quintals / ha last year. Grain crops in South and Central Federal Districts were especially hit hard," Buts said.

She said that today in the Saratov region wheat yield is 7-10 quintals / ha with mean annual rate of 20 quintals / ha.

"Conducting harvest in the South and the North Caucasus Federal Districts is strongly impeded by raining. Agricultural crops in the Kuban region were badly damaged by flooding," she said.

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