Cereals producers in Russia warned about the rise in price of oatmeal and buckwheat in November

Buckwheat and oatmeal prices in November may increase by 10-20%. A major producer of cereals "Rosa" warned about the impending rise in prices, reports "Kommersant" with reference to a copy of the letter from the digging to trade partners. The reason for the rise in prices is a significant and continuing rise in raw material prices. From August to October 15, buckwheat has risen in price by 38%, oats - by 32%, the newspaper specifies. The Verny chain of stores confirmed to the publication that it had received letters from cereal producers, who warn about an average price increase of 15% for their products. The suppliers explained the decision by the fact that the end of the harvest did not contribute to a decrease in the cost of agricultural crops, but, on the contrary, led to an increase in prices, a representative of Verny explained to Kommersant. The AFG National agricultural holding informed the edition about the growth of the cost of cereals production. According to a company ...