Grain reserves in Kazakhstan decreased significantly by November due to wheat

As of November 1, Kazakhstan recorded 19.57 million tons of grain and leguminous crops, including rice. According to official data from the Bureau of National Statistics, this figure is noticeably lower than the previous year's level on the same date, when reserves stood at 25.05 million tons. The primary reason for this decline was a reduction in the reserves of the country's main agricultural crop, wheat.

According to the statistical agency, wheat stocks by the beginning of November amounted to approximately 14.6 million tons. This is 5.4 million tons lower than last year's volume, which was at the 20 million ton mark. The structure of current wheat reserves shows that food grain accounts for the largest share at about 13.2 million tons. Seed material accounts for 810 thousand tons, while feed purposes account for about 632 thousand tons.

Additionally, the volumes of durum wheat are estimated at 548.3 thousand tons, including 497.3 thousand tons of food-grade durum wheat. These figures reflect the current supply and demand balance in the domestic grain market following the harvesting campaign.

At the same time, different dynamics are observed for other grain crops. Specifically, barley stocks remained virtually unchanged at around 2.97 million tons compared to 2.95 million tons a year earlier. Corn volumes demonstrated significant growth, increasing to 507 thousand tons compared to 438 thousand tons in the previous season.

Meanwhile, a decline in stocks was recorded for certain other crop production categories. Oat volumes decreased to 251 thousand tons compared to 297 thousand tons last year, and buckwheat reserves dropped to 76 thousand tons compared to 94 thousand tons on the same date.