Kazakhstan Hits Grain Harvest Target

Posted by Nogger - a legend in his own mind at 11:37 | Categorized as

12/10/11 -- Kazakhstan have reached their 25 MMT grain harvest target with 6% of the crop still left to harvest I see.

Having cut 15.1 million hectares, or 93.7% of the planted area, this season's harvest now stands at 25.7 MMT - 89% up on last year. That's a record for the post Soviet era I believe and will leave them well placed to attempt to reach their targeted 10 MMT of exports in 2011/12.

Throw in Ukraine's stated 24 MMT export ambitions for the current season and there's no collective shortage of grains waiting to come out of the FSU - Russian export duties or not.