Kazakhstan Agribusiness Q1 2020
The general outlook for the agricultural sector remains positive, and we expect growth to be driven by a number offactors. Wheat production will see only minor growth as farmers are encouraged to plant other crops. The interest of foreigninvestors in the Kazakhstan livestock industry supports our view that this is the sub-sector with most growth potential. This will beassisted by government efforts to diversify arable production away from the bedrock commodity - wheat. The dairy industry isgrowing from a weaker base than that enjoyed by meat producers, and we expect state-funded schemes to play a more significantrole in its medium-term development and modernisation.
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