THERE WILL BE MORE BANKRUPT FARMERS IN 2024. What's wrong with Kazakhstan's agricultural sector?
What were the results for Kazakhstan's agribusiness in 2023? The total damage from adverse weather conditions, the inability to ship agricultural products for export due to railway problems, and unjustified government trade restrictions exceeded 1 trillion tenge.
Many farmers are unable to pay their current obligations, let alone properly prepare for the 2024 sowing season. The number of agricultural enterprises going under the hammer will certainly increase.
What are the root causes of this situation, and how could it have been avoided or the negative impact on the industry been mitigated? Watch the new video.
0:00 The saiga problem in Kazakhstan
3:00 How did weather conditions affect the agricultural sector?
5:50 Financial losses from the 2023 harvest
6:59 What's wrong with grain processing in Kazakhstan? 7:30 About grain processing in China
8:20 About the financial burden on farmers
9:39 State duties on sunflower seeds
12:10 What was the total damage to the agricultural sector?
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