Prices for wheat at world stock exchanges grow
The decision of Russia to introduce ban for export of wheat until the end of this year has forced the prices for grain to reach the highest level for the last two days, the agency reports citing the Associated Press news agency (АР).
Almaty. August 6. Kazakhstan Today - The decision of Russia to introduce ban for export of wheat until the end of this year has forced the prices for grain to reach the highest level for the last two days, the agency reports citing the Associated Press news agency (АР).
The prices for wheat have grown by more than 80 % from the beginning of June. The price for September futures has grown up by 60 cents, or 8.3 % up to $7.8575 per bushel that is the maximum size of the allowed one-day increase on Thursday at the Chicago commodity exchange. December wheat futures have gone up by 55.75 cents, or 7.4 % up to $8.1125 per bushel.
According to АР, the increase in the prices for wheat caused the increase of prices for corn, oats and soya. "It is good news for the American farmers, who will be able to cover a part of deliveries from Russia, Ukraine, Kazakhstan and Canada, where harvest of grain is expected to be poor.
Russia, one of the largest world exporters of grain, informed on Thursday of introduction of ban on export of wheat from August 15 until December 31 due to strong drought in the summer of this year, which has already destroyed the fifth part of the crop of the country. Interdiction for export of wheat flour, barley, rye and corn has been introduced as well.
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Kazakhstan produces over 1mn tons of meat in 11M2025
Kazakhstan’s livestock industry is showing steady growth across all key areas, Qazinform News Agency learned from the Ministry of Agriculture.
Positive dynamics is observed both in the number of farm animals and in the volume of products manufactured.
The cattle population increased by 2.7% to reach 8.3 million head. The number of calves rose to 2.8 million, which is 17.8% more compared to the same period last year.
The horse population grew by 6.9% to 4.4 million head, with 1 million foals born (an increase of 8.8%).
The number of camels rose by 6.3% to 300 thousand head, with 53.8 thousand camel calves (+5.9%).
The poultry population increased by 8.8% to 48.5 million head.
The sheep population reached 19.6 million head, with 7.7 million lambs born, showing a 5% increase.
During the reporting period, the country produced 1,021.6 thousand tons of meat of all types, which is 3% higher than in 2024. This includes: 358.8 thousand tons of beef (351.4 thousand tons in 2024), 111.8 thousand tons of mutton (109.1 thousand tons), 146.8 thousand tons of horse meat (140 thousand tons), 337.1 thousand tons of poultry meat (326.3 thousand tons), and others.
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President Tokayev Meets with Shingo Ueno, President and CEO of Sumitomo Corporation
Images | akorda.kz
President Kassym-Jomart Tokayev held a meeting with Shingo Ueno, Representative Director, President and CEO of Sumitomo Corporation, one of Japan’s largest and most influential trading and investment companies, akorda.kz reports.
The President of Kazakhstan noted that our country highly values Sumitomo’s commitment to sustainable growth and responsible business practices, and considers the company a long-term strategic partner.
In turn, Shingo Ueno informed the Head of State about the preparation of a joint project with the national atomic company Kazatomprom in the field of nuclear medicine. The project aims to develop scientifically grounded approaches to the production of medical radioisotopes from by-products of uranium manufacturing.
The interlocutors also discussed prospects for implementing joint investment projects in transportation and logistics, energy, nuclear industry, metallurgy and geological exploration.
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KazTransOil and Transneft sign agreement on transportation of kazakh oil for 2026
Images | kaztransoil.kz
KazTransOil and Transneft sign agreement on transportation of kazakh oil for 2026. A working meeting between delegations of JSC KazTransOil and PJSC Transneft was held today in Astana, kaztransoil.kz reports.
During the meeting, the parties discussed key issues of bilateral cooperation and signed an agreement for the provision of services for the transit transportation of oil through the territory of the Russian Federation for 2026.
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