There was a panic: will bread and flour become more expensive in Russia?

The growing export of flour, which reached record levels last year, and the rise in wholesale prices for raw materials are worrying bakers. They threaten to increase prices for bakery products. Forbes found out whether flour is actually becoming more expensive, what the growth of its exports entails, and what to expect from bread prices. At the beginning of summer, after a series of frosts, grain prices rose in Russia and around the world, which gave farmers some reason to hope for higher earnings. However, optimism in one sector turned into panic in another. Already in July, bread producers began to sound the alarm: according to them, the sharp rise in flour prices forced them to either significantly raise product prices or close factories altogether. Forbes' interlocutors say that the problem really exists and the cost of grain is only one of the factors influencing this. Flour prices in Russia have really risen sharply this summer, Forbes’ interlocutors say. “In some regions, ...