Flour production in the Russian Federation for 10 months became a record

This is the highest figure since 2013. The Russian flour milling industry produced 8.04 million tons of flour over the 10 months of 2023, compared to 7.98 tons for the same period last year. This was announced by Deputy General Director of the Institute for Agricultural Market Studies Irina Glazunova in her annual review of the flour and bran markets. “This is the highest figure since 2013, when production amounted to 8.07 million tons,” Glazunova noted. She also added that these official data do not take into account the gray milling sector, whose market share remains significant, and record exports are driving production growth against the backdrop of domestic consumption. Wheat flour prices in the main production areas decreased from the spring peak of 2022 to mid-summer of 2023, following wheat prices. “Since July, prices began to rise due to the situation on the grain market. At the same time, in the regions of central Russia, price growth gave way to a seasonal decline. But ...