Flour production to grow by 4.6% in Russia

Published 2024년 11월 27일

Tridge summary

The Russian Union of Flour and Cereals Enterprises has forecasted a rise in flour production to 10.3 million tons in 2024, up from 9.85 million tons in 2023. Wheat flour production is projected to reach 9.7 million tons, a increase from 9.3 million tons in 2023, while rye flour is expected to decrease to 500 thousand tons from 536 thousand tons. The union estimates the production of wheat flour to be 13.5 million tons when small flour milling enterprises are included. The quality of wheat for flour production is satisfactory, according to the millers, and there is enough of it. The Federal Center for Assessment of Safety and Quality of Agricultural Products anticipates harvesting 24.8 million tons of class 3 wheat this year, a increase from 21.3 million tons last year, which is expected to meet both domestic and export flour production standards.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the forecast, flour production this year will amount to 10.3 million tons, including 9.7 million tons of wheat Flour production this year will amount to 10.3 million tons against 9.85 million tons in 2023, writes Finmarket with reference to the presentation of the Russian Union of Flour and Cereals Enterprises, presented at the XIX business conference “Modern Bread Baking - 2024”. In particular, the volume of wheat flour production will increase from 9.3 to almost 9.7 million tons, while rye flour will decrease from 536 to 500 thousand tons. Taking into account the indicators of small flour milling enterprises, which are not included in the general statistics, the union estimates the production of wheat flour at 13.5 million tons. There is enough wheat for flour production, its quality this year satisfies millers, said the president of the union Igor Sviridenko at the conference. According to the presentation, which presents data from the Federal Center for Assessment ...
Source: Specagro

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