Why Altai is falling in flour production despite Russian growth

Flour millers of the Altai Territory turned out to be uncompetitive in terms of flour price due to the highest cost of wheat in the country at the end of 2023 With flour production volumes growing in Russia, the Altai Territory has been reducing them for the third year. The main reason is the high cost of wheat, which in Siberia turned out to be the most expensive in the country in 2023. Valery Gachman, chairman of the Union of Processors of the Altai Territory, called this situation dramatic for the region. He commented on this topic at the Winter Grain Conference in Belokurikha on February 29. “It’s painful and embarrassing to talk about” "The Altai Territory remains the leader in flour production in the country. But from 2002 to 2019, we produced more than 1.2 million tons annually. Now - less than 1 million. This is due to several reasons. First of all, the fact that in 2023 we had the most high cost of raw materials. As a result, we lose in price to our own Russian ...