Russia has already harvested 1.2 million tons of buckwheat, these figures affect the market

Published 2022년 10월 28일

Tridge summary

Russia has seen a significant increase in buckwheat harvest this year, with a gross harvest of over 700 thousand tons in the Altai Krai region, marking a 17% increase from the previous year. The total harvest reaches 1.2 million tons, a 39% increase from last year, with a yield of 11.4 centners per hectare. The ministry anticipates that this good harvest will satisfy the domestic market and potentially increase export opportunities. Currently, the domestic market is experiencing a decrease in buckwheat prices, with a 2-4% drop per month since June. Despite the temporary export ban last year due to high world prices for cereals, the government is not planning to change the cultivation area for next year.

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Original content

According to the Ministry of Agriculture, 1.2 million tons of this crop have been harvested so far. This is 39% more than the final harvest for the last year (918 thousand tons). This year, the yield did not let us down: 11.4 centners per hectare against 9.8 centners per hectare last year, explains Marina Petrova, CEO of Petrova 5 Consulting. Gross harvest increased in the largest region - Altai Krai, whose share is 50% in the total structure of crops. Now the harvest has already been completed in the region: more than 700 thousand tons of buckwheat have been harvested, which is 17% higher than last year's level. Bashkortostan made its contribution to the growth of the gross harvest of buckwheat by increasing the sown area. In general, according to the Ministry of Agriculture, buckwheat is grown in our country in almost fifty regions. In addition to Altai and Bashkiria, a lot of buckwheat is produced in the Kursk, Voronezh and Oryol regions. "A good harvest will not only fully ...

Source: RG