Prodcorporation receives 135,000 tonnes of grain under 2026 forward contracts

Farmers have delivered 135,000 tonnes of new-crop grain to Prodcorporation's reserves. This is almost a third of the volume contracted under the 2026 forward purchase programme, the Ministry of Agriculture of Kazakhstan reported.

As of 19 October, three grain-growing regions accounted for the largest deliveries: Kostanay Region shipped 75,000 tonnes, North Kazakhstan Region 42,900 tonnes and Akmola Region 10,800 tonnes. Class 3 wheat makes up the bulk of deliveries (89%). Farmers are also supplying class 4 and class 5 wheat and barley.

This year, 31.9 billion tenge has been allocated for forward purchases. Farms receive funds for spring field work and repay them in autumn with grain and oilseed crops. Under the contracts, wheat and barley must be delivered no later than 1 November 2026.

The grain will be used to renew the reserve stock and replenish the feed fund that Prodcorporation has been building since 2022. "Flour millers need milling wheat, while livestock farms and poultry plants need feed grain," said Sagat Toleu, Managing Director of NC Prodcorporation JSC.