Recommendations on the trading strategy for grain, oilseed and legume producers 13.01.2025

Recommendations on the trading strategy for grain, oilseed and legume producers 13.01.2025

14.01.2025 00:14:59 1598

These recommendations were developed by the scientific research bureau "Cereals and oilseeds. Kazakhstan"
Grain products
The beginning of 2025 in the Kazakh grain market is marked by an increase in the price tag.
tg/kg, including VAT, from the elevator
Current
average price (elevator)
Changes
Recommendation
Possible
max
Possible min
wheat meag3 cl, 28 clc +
113
+25
sale
145
90
wheat soft 3 cl, up to 25 cl
65
-
sale
95
70
wheat is 3 cl soft, up to 23 cl
65
+7
sale
85
60
wheat is soft 4 cl, up to 20 cl
58
+5
sale
80
50
wheat is 5 kl soft, up to 17 kl
48
-
sale
65
35
barley 2 cells
56
+1
sale
60
35
Durum (prot 14+)
85
-
sale
120
70
Durum (prot 15+)
102
-
sale
150
90
red is a decrease for the week, green is an increase, all prices are for the new crop.
Wheat of the 3rd class with gluten 28 has risen the most. There is also an increase in the cost of the "troika", but in slightly smaller proportions with gluten 23 and 20.
The "Four" increased by 5 tenge/kg.
The price of barley has been adjusted up by 1 tenge/kg.
According to the respondents, the market is swinging after the holidays, the peasants are not active.
However, grain market participants hope that prices will rise.
According to traders, Uzbekistan and Afghanistan are not offering good prices yet, hoping that importers "will soon announce prices above the current ones."
Oilseeds/Legumes
In the oilseed market, except for flax, the price positions remained at the previous level.
tg/kg, including VAT, from the elevator
Current price
Changes
Recommendation
Possible
max
Possible min
Flax
212
+6
sale
200
170
Rapeseed
208
-
sale
250
180
Sunflower seeds
161
-
sale
190
160
Safflower
116
-
sale
110
85
Soy
186
-
sale
285
200
Mustard black/white
215
-
sale
300
200
Peas (yellow)*
92
-
sale
170
80
Red lentils**
189
-
sale
220
180
Zel lentils (large containers) **
307
-
sale
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 at 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 until more favorable prices; as needed – sale as needed (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, can reach the price in the current trading season. This opinion is not final, and may change depending on the situation.
A possible disadvantage is the lower price limit that a crop can achieve in the current season.

Source : https://www.gov.kz/memleket/entities/moa/press/news/details/917012