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Phone: +7 (7172) 591-232;

Fax: +7 (7172) 591-283;

E-mail: mail@fcc.kz;

Helpline: +7 (7172) 591-284.

Agricultural products purchasing and sailing department:

 +7 (7172) 591-265, 591-276.

 

Press release "Participation of the Food Contract Corporation in stabilizing the domestic market"

One of the main tasks of NC Food Contract Corporation JSC (hereinafter - Food Corporation) is to ensure food security of the country, stabilization of the domestic grain market of Kazakhstan.

In 2020, 24.5 billion tenge was allocated from the republican budget to the authorized capital of the Food Contract Corporation for the renewal of the program for the forward purchase of agricultural products.

In total, over 300 agricultural producers of Akmola, Aktobe, Karaganda, Kostanay, Pavlodar, North Kazakhstan regions were financed under this program in 2020, more than 480 thousand tons of grain were purchased.

As the results of 2020 showed, the forward purchase program is in great demand among agricultural producers and has established itself as an affordable financing instrument under the conditions of a deficit in agricultural entities lending.

Due to the purchased volumes, as part of the performance of the main function of stabilizing the domestic market, since January 2021 the Food Contract Corporation has sold over 410 thousand tons of grain.

In particular, 325 thousand tons of grain were sold to flour milling companies, as a result, this year there is no market fluctuations in bread prices, there is no commotion with flour, there was no question of closing or limiting grain exports, as it is happening in a neighboring grain state - Russia.

In addition, the Food Corporation has formed a fodder supply from the grain supplied by agricultural producers. In total, about 100 thousand tons of grain were sold for the needs of livestock and poultry enterprises, including 17 thousand tons of 4th class wheat and 24 thousand tons of barley.

Regardless of the seasonal price increase on the market, at the request of akimats, about 20 livestock enterprises of the republic have been supplied with barley and wheat of the 4th class in a total volume of more than 23 thousand tons at fixed prices.

In particular, in connection with the current situation in the Mangystau region (lack of feed), the Food Corporation took prompt measures to support farms with feed grain at a price 17% lower than the market price. For convenience in acceptance and further distribution among livestock farms, barley was previously packaged in 50 kg sack containers. At present, the dispatch of barley to the address of the cattle-breeding enterprises of the Kyzylorda region is being organized.

More than 66 thousand tons of grain were sold to 15 poultry farms that applied to the Food Contract Corporation. Among the poultry factories-buyers of grain there are 9 egg and 6 meat directions.

For example, the largest poultry farm in Central Asia, Makinskaya Poultry Farm LLP, which was commissioned in 2018, chose the Food Contract Corporation as the main supplier of raw materials. The poultry farm is continuously supplied with grain at fixed prices, which allows planning the cost of the final product throughout the season.

In addition to traditional crops (wheat, barley), the Food Corporation purchased 5.3 thousand tons of sunflower and 300 tons of buckwheat. The Food Contract Corporation plans to sell these volumes to processing enterprises for the subsequent supply of the domestic market with finished products - sunflower oil and buckwheat.

As part of its participation in providing the regions of the country with socially significant food products, as well as taking into account the current situation on the sugar market in the summer, the Food Corporation has formed sugar reserves in the amount of 10 thousand tons, which will also be directed to the domestic market.

Information on the available stocks is regularly brought to the information of the akimats of regions and cities of republican significance, social and entrepreneurial corporations and wholesale and retail distribution networks of Kazakhstan.