About 12.8 mln tons of grain to be harvested this year
Almaty. July 24. Kazakhstan Today - About 12.8 mln tons of grain with 8.1 centners crop yield per ha will be harvested in Kazakhstan this year, Minister of Agriculture Asylzhan Mamytbekov said at the session of the Government of Kazakhstan, Kazakhstan Today reports.
"According to the forecasts of the regions, about 12.8 mln tons of grain will be harvested with crop yield being at the level of 8.1 centers per ha", the Prime Minister's official website quotes the Minister of Agriculture.
Besides, the International Grain Council reduced the world forecast on production of wheat in 2012-2013 to 665 mln tons which is 6 mln tons fewer than the forecast in May and 30 mln tons fewer than was forecast last year. It is conditioned by dry weather in the main countries producing and exporting grain (the USA, Australia, Argentina, Russia and Ukraine), the Prime Minister's website writes.
As a result, the prices in the world market increased by 35-89 dollars and reached 330 dollars over the decade. The prices in the domestic market in Kazakhstan also increased from 124 to 200 dollars.
In accordance with the information of RSE KazGidroMet, dry weather conditions affecting agriculture are observed in some regions of Kazakhstan. The southern parts of Kostanay region and Akmola region, the western and southern parts of Karaganda region, the southern and the eastern parts of Aktobe region are exposed to the draught the most.
According to the Minister, the situation can result in the growth of prices for flour and bread, reduction of the productivity of forage lands and deficit of the fodder and reduction of the cattle and in the deficit of seeds for the next year.
"Taking into account the current situation, it is necessary to take urgent measures on prevention of the consequences of the drought, store and supply grain and fodder for the cattle in the regions which do not have it because of the weather conditions this year and we also have to prevent a rise of prices for flour and bread," the Head of the Ministry said.
In order to address these issues, the Ministry developed a complex of measures aimed at support of farmers and prevention of the growth of prices for flour and bread.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
relevant news
Olzhas Saparbekov met with the representatives from the Anhui Province
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kazakhstan confirms its commitment to OPEC+ Agreement, says energy ministry
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kyrgyzstan and World Bank reach agreement on Kambarata HPP-1 project
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kazakhstan turns to high-value added manufacturing with building polyethylene plant it Atyrau region
The Head of State has identified deep processing of hydrocarbons as one of the key areas of development of the oil and gas sector. The priority for our economy is high conversion production producing products with a rapid increase in added value in the technological chain with an export orientation. The added value between the initial feedstock ethane and the third conversion product polyethylene increases 20 times, from $80-90 to $1600-1800 per tonne. The Polyethylene project will certainly give a serious impetus to the development of both the manufacturing industry and the country's economy as a whole. According to experts' calculations, the contribution to the country's GDP by 2030 from the implementation of the project is estimated at approximately 1.2%," Olzhas Bektenov said.
We on the part of the state provide comprehensive support in the implementation of projects important for the country's economy. At the same time, we expect you to increase the share of local content. For this purpose, it is necessary to determine the list of goods and equipment that will be mandatorily purchased from domestic producers. Special attention should be paid to training of Kazakhstani specialists and transfer of competences. It is important for us to maximise the attraction of local personnel, including for management positions in the project. We count on a similar approach in the implementation of other joint projects," Prime Minister emphasised.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Olzhas Bektenov and Head of the Sakha Republic Aysen Nikolayev discuss issues of trade and economic cooperation
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Uzbekistan and Kazakhstan launch E-Permit international cargo transportation system
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
National Bank of Kazakhstan maintains base rate at 14.75%
Annual inflation in February and March continued to decrease, albeit at a slower pace. Inflation expectations have slightly decreased but remain at a relatively high level. The external inflation background continues to be neutral with the ongoing trend of declining grain prices in global markets. Within the domestic economy, inflationary pressure persists due to robust internal demand and unanchored inflation expectations," reads the bank’s official statement.
In the current circumstances, there is still limited room for easing monetary policy. This space will begin to form with the stable reduction of the stable part of inflation," it said.
Monthly inflation slowed down in March to 0.7% after a spike in the previous month (1.1%), forming above the average historical values (0.6%). A similar dynamic is observed for the indicators of core and seasonally adjusted inflation - a significant reduction in March after a sharp acceleration in February," said the bank.
The external inflation background is neutral. The cost of food in global markets in March shows a slight increase, mainly due to rising prices for vegetable oils. Grain prices continue to decline against the background of the realization of the harvested crop in exporting countries and the uninterrupted operation of maritime trade routes," said the bank.
In the European Union, the trend towards slowing inflation continues against the backdrop of the European Central Bank's restrictive policy. Despite expectations of weaker economic growth indicators this year, the ECB remains committed to returning inflation to its target value and intends to maintain restrictive monetary and credit conditions for this purpose," said National Bank Governor Timur Suleimenov in an April 12 statement.
The Federal Reserve notes that inflation in the United States still remains high. In March, the annual inflation rate increased to 3.5%, accelerating for the second consecutive month. According to the Fed's rhetoric, the current monetary and credit conditions will continue going forward. In Russia - a key trading partner of Kazakhstan, inflation in March remained at 7.7%. According to the statement from the Russian regulator, achieving the inflation target involves a prolonged period of maintaining tight monetary and credit conditions," said Suleimenov.
Pro-inflationary risks are conditioned by the continuation of reforms in the area of regulated prices, the consequences of abnormal floods in Kazakhstan, and the uncertainty associated with the volumes of budget expenditures needed for their elimination," the bank said.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Henkel intends to develop production in Kazakhstan
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Most viewed
26.04.2024, 08:41Development of Inter-parliamentary Relations is an Important Item on the Kazakh-Romanian Agenda 26.04.2024, 16:44 9801Young Kazakh Composer Captivates Geneva Audience26.04.2024, 12:58 8816Subsoil users will no longer be able to hide goods in works and services26.04.2024, 17:02 5091Olzhas Saparbekov met with the representatives from the Anhui Province26.04.2024, 19:00 1001'Golden treasure’ caught on camera in Altyn-Emel National Park
23.04.2024, 21:24 28296Kazakh-Turkmen Consular Consultations were Held in Ashgabat24.04.2024, 08:26 28071Kazakh-Dutch Cooperation Discussed in Astana24.04.2024, 21:27 27841Signing of the Strategic Partnership and Cooperation Agreement in Astana Opens a New Chapter in Kazakh-British Relations23.04.2024, 16:22 24051Kazakhstan and Singapore Discussed Key Issues on the Bilateral and International Agenda25.04.2024, 21:19 23681Kazakh Foreign Minister Met With the Deputy Minister of Foreign Affairs of China
29.03.2024, 19:37 120171Year of Kazakhstan Tourism in China officially opens in Beijing03.04.2024, 15:04 106671Kazakh President met with secretaries of SCO Security Councils29.03.2024, 14:44 105896Kazakh nationals urged to leave Ukraine's Odessa and Kharkiv regions03.04.2024, 11:09 104001First Kazakh Senate Speaker passes away02.04.2024, 20:49 100811Oil spill detected in Caspian Sea