Buckwheat prices are amazing: 100 rubles per kg is not the limit

Experts told how the cost of a socially significant product will change

For the first time in 10 years, retail prices for buckwheat exceeded 100 rubles per kilogram. At the same time, the suppliers stated that buckwheat from producers and packers did not rise in price since May. There are plenty of reasons for the rise in value on the shelves: the ruble has fallen, costs have risen. Nobody cancels the sometimes inadequate markups of retailers. The Ministry of Agriculture reassures and declares that the crops have been increased, there will be no deficit. But what’s the point if consumers, whose incomes leave much to be desired, give that kind of money for a package of cereals.

In Russia, the cost of the most important social product has skyrocketed. Buckwheat prices rose to a record in 10 years – 102.5 rubles. per kg in August, Rosstat reported. This is even more than in the spring of 2020, when it was bought up in panic on the eve of quarantine. Meanwhile, the Ministry of Agriculture does not see the prerequisites for its deficit. Yes, store shelves will not be empty, but will consumers be able to afford such expensive cereals?

According to the same Rosstat, in 2020 Russia harvested 893 thousand tons of buckwheat against 786 thousand tons in 2019. In principle, the collected volume is sufficient to meet the needs of the population. The harvest of this year for buckwheat is not yet known, since the main regions are just starting to harvest. The Ministry of Agriculture expects an increase in the gross yield of buckwheat in 2021, since the sown area for crops was increased to 978 thousand hectares, which is 12% more than the previous year. This allows you to hope for a good harvest.

Meanwhile, in recent years, the retail price of a kilogram of the Russian-beloved kernel buckwheat in retail has changed quite strongly. It depends on many factors: the volume of cultivated areas, the level of crops and stocks, the scale and prices of export supplies, the economy of processing enterprises, the degree of monopolization of the wholesale and retail links … The highest prices over the past decade, according to Rosstat, were in 2011 year – 112 rubles. due to drought and poor harvest. The lowest in 2014 – 34.8 rubles. In 2020, the mark of 85 rubles was broken.

As of September 13, 2021, the price of buckwheat has increased by 10.2% since the beginning of the year, according to Rosstat. It is interesting to compare with some of the other popular side dishes. During this time, rice has risen in price by 2.1%; vermicelli – by 5.4%; pasta – by 5.8%; potatoes – by 27.9%. And, for example, millet fell in price by 3.8%.

Buckwheat prices from producers increased by 27.5% over the year, says Director of the Analytics Department of the Russian Grain Union Irina Tyurina… Today, farmers have an average price per kilogram of products – 65 rubles, and last year – 51 rubles. “Apparently, this is due to increased costs: over the year, the ruble fell, equipment, consumables, fuel, energy resources, and logistics rose in price. Ultimately, the difference between manufacturer’s price and retail price is about 54%. Here, perhaps, delivery to the point of sale also affects the cost, ”she believes. Recall that the main regions of buckwheat production are Altai and the Siberian Federal District.

According to Executive Director of Rusprodsoyuz Dmitry VostrikovGiven the fact that all material and technical resources for the agro-industrial complex are growing in price, there are risks, in particular, a reduction in acreage. “This is potentially fraught with a reduction in the supply of agricultural products,” he emphasizes. – Regulation of only the food market by controlling prices will inevitably cause economic damage to the industry. At the same time, the agro-industrial complex clearly lacks incentive measures ”.

The state took measures to restrict the export of buckwheat groats back in the spring, when it turned out that supplies abroad began to significantly affect the expansion of demand. The ban was in effect until the end of the summer. Then it knocked down prices. But then August ended and prices started to climb. “The entry into trade of the new crop should increase the supply and limit further price increases in the coming months. In the meantime, Russians, accustomed to the rise in price, will probably continue to buy an expensive product in all senses at the proposed cost, ”he concluded. Chief Analyst TeleTrade Mark Goykhman.

Published in the newspaper “Moskovsky Komsomolets” No. 28628 of September 21, 2021

Newspaper headline:
Buckwheat becomes more expensive for the crisis

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