Russia does not live on buckwheat alone

Analysts predict an increase in prices for cereals, which are in less demand among Russians.

One of the main problems of agriculture is a rational approach to the redistribution of priorities in crop cultivation.

What usually happens?

In a certain year, prices for a certain crop rise significantly, and manufacturers begin to bet on it.

How? By reducing the area under other, less expensive crops.

Subsequently, supply increases, prices fall and profitability of high value crops in the next season.

And the reduced areas under less marginal crops lead to their scarcity and higher prices.

This season, such a situation has developed around millet (raw material for the production of millet).

The area under cultivation was reduced by 32.6%.

In 2020 and in the first half of 2021, millet has become almost the only product, the price of which has decreased.

For example, in May 2021, the cost of millet fell by 12.1%.

As a result, agricultural producers have reduced the area under millet, sowing them with more marginal buckwheat.

That is why analysts believe that it is millet and not buckwheat that will face a serious rise in price.

In their opinion, the growth in value will be 40-50%, but, of course, this will not happen all at once, but within a few months.

In the current year, due to previously announced reasons, rice was sown by 4.9% less, and the areas sown with oats (from which oat groats are produced) decreased by 3.9%.

Of course, millet is not the most popular product among Russians: its consumption is slightly higher than that of corn, barley or semolina, but slightly less than that of pearl barley.

Compared to rice and buckwheat, millet consumption is 5-6 times less.

And the rise in prices for millet will not lead to a total increase in prices for cereals.

But the question of more competent alignment of priorities in the planning of planting crops remains on the agenda.