Kazakhstan's state grain trader buys 4.6 mln tons of cereals

20.01.2012 17:16

ASTANA. January 20. KAZINFORM Kazakhstan's state grain trader bought 4.6 million metric tons of cereals from last year's harvest for state stockpiles as of Jan. 11.

Total purchases from the harvest will be 5 million tons, at 25,000 tenge ($168.50) a ton, JSC National Co. Food Contract Corp., the state grain trader, said in a statement on its website.

According to Bloomberg, Kazakhstan's grain harvest was 26.9 million tons last year, Alihan Smailov, the head of the State Statistics Agency, said on Jan. 13.