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Marketing year 2023/2024 wheat production is expected to drop sharply to around three-quarters of last year’s level as a result of the June drought and excessive rains in the fall of 2023 that affected Kazakhstan’s major grain producing Northern region.
Kazakhstan has started unwinding many COVID-19 restrictions, ending the state of emergency and planning for an end to export restrictions.
Kazakhstani grain production is expected to recover from last year’s drought-impacted 11.4 million metric ton crop, with wheat production forecast at 13.5 million metric tons (MMT).