The price of some grains in Russia may rise by 10%-20%

The Russian news network reported on October 25 that Russian grain producers stated that the prices of buckwheat , oatmeal , and cereal flakes will increase by 10%-20% starting from November due to insufficient production in the main producing areas
.
The price of buckwheat in Altai Krai, one of the main producing areas of oat and buckwheat in Russia, has risen from 57 rubles (approximately US$0.
8) per kilogram to 80 rubles (approximately US$1.
1)
.
From August 1 to October 15 this year, the price of buckwheat in this area has risen by 38%, oats by 32%, and barley by 36%
.
According to data from the Russian Federal Bureau of Statistics, the average price of Russian buckwheat is 102.
5 rubles (about 1.
46 US dollars) per kilogram, oats and pearl wheat-45.
2 rubles (about 0.
7 US dollars), and oatmeal-80.
5 rubles (about 1.
2 US dollars)
.
Large Russian agricultural enterprises complained that grain prices have risen twice in a year
.
Data from the Russian Ministry of Agriculture showed that the grain harvest was normal, and the buckwheat planting area increased by 12.
1% throughout the year.
As of October 22, the harvest increased by 3% compared to the same period last year
.

 

In 2020, Russia harvested 893,000 tons of buckwheat, a year-on-year increase of 13.
5%.
The main exporting countries are China, Latvia, Ukraine, Lithuania and Japan
.