Kazakh Agriculture Ministry plans to extend grain, flour export quotas until Sept 1

NUR-SULTAN. June 7 (Interfax) - Kazakhstan intends to extend its quotas on the export of grain and flour until September 1, Kazakh Agriculture Minister Yerbol Karashukeyev said.

"Yes, of course, the quota will be prolonged. The term of the quota expires on June 15. Whereas earlier the quota was around one million tonnes of grain, some 40% of it has already been claimed, and nearly 70% of the flour quota has been claimed as well. We analyze today that the quotas are highly likely to be extended until September 1," Karashukeyev told reporters on the sidelines of a government meeting.

As reported earlier, Kazakhstan imposed quotas from April 15 to June 15 on the export of wheat in an amount of one million tonnes and 300,000 tonnes of four. The Agriculture Ministry believes that the quotas will help avert grain shortages in Kazakhstan, "given the heightened demand for Kazakh wheat on neighboring markets."

The Kazakh Agriculture Ministry has raised its forecast for the country's grain exports in the 2021-2022 agricultural year to around 7 million - 7.3 million tonnes.