Trading strategy recommendations for grain, oilseed and legume producers 11/25/2024
25.11.2024 17:06:46 2949
These recommendations were developed by the scientific research bureau "Cereals and oilseeds. Kazakhstan".
Cereals
The cost of the "troika" with gluten 23 has increased, with gluten 28 and 25 it has decreased slightly.
According to traders, importers are now mainly interested in grades 4 and 5. The price for class 5 is 150-152 dollars/ton, class 4 - up to 160 dollars/ton.
Importers' interest in Grade 3 wheat with ordinary indicators has been reduced.
in red - a decrease in a week, in green – an increase, all prices – for a new harvest
Respondents note that Uzbekistan is interested in hi-pro, and they are ready to pay $240-245/ton for it.
tg/kg, including VAT, from the elevator
Current
average price (elevator)
Changes
Recommendation
Possible
max
Possible min
wheat meag 3 kl, 28 kl +
106
-4
sale
145
90
wheat of 3 kl, up to 25 kl
74
-4
sale
95
70
wheat of 3 kl, up to 23 kl
63
+2
sale
85
60
wheat of 4 kl, up to 20 kl
57
-
AS NEEDED
80
50
wheat of 5 kl, up to 17 kl
47
-4
sale
65
35
barley 2 kl
50
-
sale
60
35
Durum (prot 14+)
85
-
AS NEEDED
120
70
Durum (prot 15+)
102
-
stop
150
90
Oilseeds/Legumes
Sunflower has sunk in the oilseed group, the cost of flax and rapeseed has increased.
According to one of the traders, flax was sold to China at $ 510/ton (on the Alashankou DAP), in bags, covered wagons. For Europe, the price is announced in the range of $ 650/ ton.
The price offered by exporters for rapeseed has equaled the price tag of domestic processors.
tg/kg, including VAT, from the elevator
Current price
Changes
Recommendation
Possible
max
Possible min
Flax
198
+10
sale
200
170
Rapeseed
209
+7
sale
250
180
Sunflower
165
-2
AS NEEDED
190
160
Safflower
89
-
AS NEEDED
110
85
Soy
195
-
sale
285
200
Mustard is black/white
215
-
AS NEEDED
300
200
Peas (yellow)*
92
-
AS NEEDED
170
80
Red lentils**
182
-
sale
220
180
Zel lentils (large containers) **
352
-
stop
450
350
*-northern regions with premium quality, **-excluding VAT, the new crop is highlighted in italics
Explanation:
The current price is the weighted average prices with VAT within Kazakhstan on the elevator or on the wagon, for which contracts are concluded. Prices may vary depending on the region, quality indicators, and delivery conditions.
Recommendations: stop – it is recommended to suspend trading to more favorable prices; as needed – sale as necessary (technical, financial); sale – it is recommended to sell the product, since favorable prospects are not expected in the near future.
The possible maximum is the upper price limit, which, as it seems to the authors of this brochure, prices can reach in the current trading season. This opinion is not final, and may change depending on the situation.
The possible min is the lower price limit that the culture is able to achieve in the current season.

Source : https://www.gov.kz/memleket/entities/moa/press/news/details/889777