The Ministry of Agriculture reported on the decline in prices for buckwheat

The cost of buckwheat has decreased by 0.9% over the past week. This was announced on Monday, September 20, to Izvestia in the press service of the Ministry of Agriculture of Russia.

It is reported that buckwheat prices have also declined. So, on September 15, prices showed zero dynamics, over the month they decreased by 0.9%. The department estimates buckwheat stocks as sufficient, excluding the possibility of a shortage of this product.

As noted in the Ministry of Agriculture, this year the cultivated areas of buckwheat were increased by 12.1% – up to 975.9 thousand hectares. As of September 16, about 30% of the area has been harvested, cleaning work continues.

It is also emphasized that the volume of culture production covers the demand of processing enterprises, which allows to fully meet the needs of the domestic market.

In addition, the previous ban on the export of buckwheat and buckwheat before the beginning of the active phase of harvesting, namely until August 31, allowed to maintain sufficient volumes of raw materials and final products in the domestic market. This measure also made it possible to avoid sharp price fluctuations, the ministry said.

Earlier, on September 6, the deputy head of the Ministry of Industry and Trade of the Russian Federation Viktor Evtukhov said that the situation with food prices in Russia is generally stable, while prices for borsch set vegetables are significantly reduced. He also pointed out that prices for potatoes in Russia have been declining, but there is currently a pause. So, according to him, in the southern regions the harvest has already been harvested, while in Central Russia it is harvested with a delay of three weeks.

At the same time, in July, Russian President Vladimir Putin instructed to monitor the dynamics of price changes in the retail market. The Russian leader noted that food prices are growing all over the world and at the moment world indices are at their highest level in 10 years. Russia, he said, is part of the global economy, so this also applies to it.

On August 3, United Russia announced a decline in food prices in the regions. Representatives of the political force decided to help manufacturers and reduce prices for a number of products. To this end, they reportedly opened more than 300 additional fairs in two weeks so that farmers could sell their products without intermediaries.

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