Photo: Emin Jafarov / “Kommersant”
The crops of buckwheat in 2019 was the smallest in 16 years. About it reports the edition “Agroinvestor”.
According to Rosstat, the area of crops amounted to 807 thousand hectares, which is 238 thousand less than the year before. This is the lowest figure since 2003, according to the Deputy Director of the Institute for agricultural market Irina Glazunov.
She explained that this situation was expected due to the decrease in the cost of buckwheat in the last two seasons against the background of overproduction in 2017 and 2018. According to her, because of this, some manufacturers have switched to growing more profitable crops.
Meanwhile, experts note that the deficit of buckwheat is not expected because of accumulated reserves. According to “Prozerno”, in 2019 in Russia will be collected 750-760 thousand tons of buckwheat, which is 18 percent lower than a year earlier. Then the crop was at the level of 932 thousand tons. Meanwhile, the price of buckwheat will increase, analysts expect.
Buckwheat has become the most cheapened the product by the end of 2018. Last year the cost per kilogram were on average 49.9 ruble, which is below the level of 2017 more than a quarter.
Video, photo All from Russia.