National company Food Contract Corporation reports approval of sowing applications of farmers for more than KZT 2.7 bln

26.02.15 12:45
/KASE, 26.02.15/ – National company Food contract corporation JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote National company Food contract corporation JSC (Food Corporation) continues implementation of the program of forward purchase of wheat and barley from agricultural producers (AP) through the spring and summer funding under the guarantees of socio-entrepreneurial corporations. As of February 25, 2015 in the framework of the program the Food Corporation received more than 600 applications from farmers from different regions totaling to more than KZT5.3 bln. The total sown area initially claimed by APs exceeded 880 thousand hectares. unquote The full version of the press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/PRKR/prkr_reliz_260215.pdf [2015-02-26]