The Ag Ministry of Kazakhstan has reduced its forecast for 2019/20 grain and flour exports to 7 MMT. The previous forecast was at 8 to 9 MMT, reports UkrAgroConsult.
The following reasons for the forecast decrease were mentioned:
- the grain crop turned out to be below its projected size due to weather conditions;
- a large grain crop in the neighboring countries which are major grain exporters.
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