ALMATY, KAZAKHSTAN — It is too early to impose export duties on Kazakhstan’s grain, according to the country’s president, as it prepares for a more modest harvest, Reuters reported.
President Kassym-Jomart Tokayev said the government is raising the issue of an export duty on grain in the future but he said it was premature.
The country expects its 2021 grain crop to decrease by 24% to 15.3 million tonnes following drought in its main growing regions.
Kazakhstan banned exports of rye and limited exports of barley and wheat used for animal feed for six months from Aug. 15, Reuters said.