International Grains Council (IGC) - In the June bulletin, the IGC practically left the forecast balance of wheat in Kazakhstan in 2022-23 MY unchanged.
The only change is a decrease in the estimate of the initial stock of grain by 0.3 million tons - up to 0.5 million tons.
Recall that the exporters of the Republic of Kazakhstan predict stocks of wheat by the end of 2021-22 MY at the level of one million tons.
Having kept the estimate of Kazakh grain production in the upcoming season at the same level - 13.2 million tons, the council lowered the forecast for the total supply of wheat by 0.3 million - to 14.6 million tons.
The forecast for the export of grain from the Republic of Kazakhstan has not changed - 7.8 million tons.
The estimate of wheat residues by the end of the 2022-23 season has been reduced by the council m / m by 0.2 million tons, and is 0.6 million tons. In turn, the US Department of Agriculture - USDA predicts the balance of Kazakhstan at the level of 1.2 million tons.