The Russian Federation reached record production of buckwheat and rice in 10 months
Market & Price Trends
Grains, Cereal & Legumes
Published Dec 6, 2023
The grain industry in Russia has achieved record production of buckwheat and rice this year. Cereal production in the country reached 1.486 million tons for the first 10 months of the year, the highest since the late 90s. October saw an increase in cereal production, with rice reaching its highest production since 2010.
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As Deputy General Director of the Institute for Agricultural Market Studies (IKAR) Irina Glazunova told Interfax, cereal production in the Russian Federation for 10 months of this year amounted to 1.486 million tons compared to 1.439 million tons a year earlier. Including rice, 475 thousand tons were produced against 450 thousand tons, buckwheat - 436 thousand tons against 409 thousand tons, respectively. “Thus, the production of cereals in general turned out to be the highest since the late 90s, buckwheat and rice – a record,” she said. In October, cereal production increased to 195.98 thousand tons from 192.3 thousand tons in the same month last year. Moreover, the largest increase occurred due to rice, the production of which amounted to 70.3 thousand tons (8.9 thousand tons more) and was the highest since December 2010, when production was at 81 thousand tons. Buckwheat was produced less than in October 2022 - 56.2 thousand tons versus 61.3 thousand tons, but more than in the ...