Food Corporation to purchase 3 million tons of grain in domestic market
ASTANA. August 21. KAZINFORM. Regular sitting of the State Commission for Economy Modernization chaired by Prime Minister of Kazakhstan Karim Massimov has taken place in the format of telephone conference in Ukimet Uyi today; Kazinform refers to the PM's press service. Heads of the state bodies, "SamrukKazyna" National Welfare Fund, "KazAgro" Holding, national companies, development institutes, regional akimats and initiators of investment projects within the framework of Program of Forced Industrial Innovative Development of Kazakhstan took part in the sitting. They discussed the proposal of KazAgro Holding on purchase of grain from local producers. Food Corporation will purchase 3 million tons of grain crop of 2009 in the domestic market. The purchase price is 24 750 tenge per ton. Fixing of such price will allow agricultural producers to keep level of income and ensure stable price situation in the domestic market.