USDA Sees Opportunity for US Soy Exports to Kazakhstan

U.S. exporters may be able to “capitalize” on increasing oilseed production in Kazakhstan, which is seeing a rising demand for “providing planting seeds to producers, and soybeans to underutilized oilseed processors,” USDA’s Foreign Agricultural Service said in a May report. The agency said the Kazakhstan’s “crushing capacity is underutilized,” so there “may be an opportunity for the United States to export soybeans for crushing by local processors.” The agency noted several Kazakh companies have “explored opportunities” to import U.S. soy.