Kazakhstan Agribusiness Q3 2018
The general outlook for the agricultural sector remains positive and we expect growth to be driven by a number offactors. Wheat production will continue to grow strongly, boosted by robust external demand and the increasing use of fertiliserdomestically. The interest of foreign investors in the Kazakhstan livestock industry supports our view that this is the sub-sector withmost growth potential. This will be assisted by government efforts to diversify arable production away from the bedrock commodity- wheat. The dairy industry is growing from a weaker base than that enjoyed by meat producers, so we expect state-fundedschemes to play a more significant role in its medium-term development and modernisation.
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