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According to the world experts, the volumes of the world trading with grains on the world market will possibly lower by 11% due to the essential surplus of supply over demand. High harvest of grains in the countries of the North Africa and the Middle East also assisted to the development of the situation. However, the world market still expects for the results of wheat harvests in the countries of the Southern Hemisphere, including grain quality in Australia, reduction of grain production volumes in Argentina, due to the decrease of sowing areas and yield indices. And what will Kazakhstan initiate in order to promote own grains on the world market?

The International Grains Council Thursday revised world grain production for 2009-10 to 1.76 billion metric tons, up slightly from the September estimate of 1.75 billion tons, mainly due to the larger-than-expected U.S. corn crop.

European competition watchdogs Wednesday gave French President Nicolas Sarkozy a ticking-off for announcing a flood of money for its farmers without first informing Brussels.

As of October 23 of the current year, Ukraine sowed winter grains throughout 7.6 mln ha (97% from the forecasted areas), which nearly corresponds to the previous year level, declared the Ministry of Agrarian Policy of Ukraine.