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Intervent stocks in Russia / S. Korea may buy 300 K t of Kazakh wheat
Government bought upto 08/04/2010 1 775 250 T (unchanged)
KAZAKSTAN : On May 15 - May 20 we will hold a presentation of an elevator facility at the grain terminal in Amirabad," he told reporters onBodyThursday in Astana. According to Mamytbekov, the launch of the grain terminal is the final link in building a transport and logistics grain export chain to Iran and the Caucasus, as Kazakhstan already operates grain terminals in the Caspian port of Aktau and Baku. Earlier managing director of Food Contract Corporation Daulet Uvashev said that the opening of the Amirabad terminal port would enable Kazakhstan to handle an additional 500,000 tons of grain along this export route. Food Corporation is part of KazAgro National Holding. Food Corporation has 10 regional representative offices in Kazakhstan as well as representative offices in the United Kingdom, Russia, China, Iran and Azerbaijan. The corporation has five subsidiaries that specialize in grain purchase and storage, logistics; six bread depots in different areas of Kazakhstan; a grain terminal at the Aktau port on the Caspian Sea.
A Chinese buyer has made an unusual purchase of about 20,000 tonnes of wheat from Kazakhstan, European traders said on Wednesday. It was said to be for delivery in the next three months. Such a deal would be a further indication that East European and Central Asian grain is moving into new markets traditionally dominated by other origins. Traders also said on Wednesday a South Korean buyer was in talks to purchase up to 300,000 tonnes of wheat from Kazakhstan.

In March, Russian wheat was said by traders to have been sold to Peru and Venezuela.

SOUTH KOREA :May buy 300 K t of Kazakh wheat A South Korean buyer is in talks to purchase up to 300,000 tonnes of wheat from Kazakhstan, European traders said on Wednesday.
Talks involved a major South Korean conglomerate which was believed to be seeking summer 2010 shipment, traders said.
Any deal would be another indication that East European and Central Asian wheat is moving into new markets traditionally dominated by other origins including the U.S.

In March, Russian wheat was said by traders to have been sold to Peru and Venezuela.
MGR Archive 11.4.2010
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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