Kazakhstan agrarians expect to harvest 120 thousand tonnes of soybeans
2012-09-20 17:45:17
At the end of 2012 the harvest of soybeans will exceed 120 thousand tonnes, which is 20% more than a year before. The «MAZHIKO-2020» will favour the further development of this area.
2012 was quite successful for farmers, who are growing soybeans. Experts predict that at the end of the year the harvest of soybeans will exceed 120 thousand tonnes, which is 20% more than in 2011. Specialists noted that for the first time since 2010, when the majority of large farms were unable to withstand post-crisis tests, the market again faces an increase in consumption of soybeans. There are new players and today the country has everything for the establishment of the large production basis of soybeans.
In order to support local producers of soybeans, Kazakhstan has launched the «Oil, Fats, Combined Feed-2020» programme, created with the participation of the state and the private sector. This programme is aimed towards allocation of money, implementing projects and increase in the harvest of soybeans by 1 million tonnes until 2020.
Experts noted that the programmes give farms a possibility to implement any projects, since investments are coming for different sources, including state subsidies, leasing, loans, and local budgets.
Experts believe that the use of a grain receipt is another very effective means of investments attraction.
It has been announced that in 2012-2013 the world production of soybeans equals to 259 million tonnes, which is 9% more than last year. East Asia and China are the main consumers of this crop.