Buckwheat, which remained very cheap throughout last season, has finally begun to show a price increase, experts note.
In August of this year, agricultural producers sold buckwheat for an average of 18,000 rubles per ton. This represents a significant increase: 55% higher than in July 2025 and 16% higher than in August 2024.
For agricultural companies growing this crop, the price recovery is undoubtedly a major benefit. Last season, they faced extremely low buckwheat prices, such that they were not always able to recoup their production costs through sales of the finished product.
The beginning of a price recovery can therefore be seen as a positive trend.
However, buckwheat prices are still quite low at this time, so it’s impossible to claim that the problem with production profitability has been completely resolved, analysts note.
Russia has managed to harvest a good buckwheat crop this season, as evidenced by the latest data.
«Buckwheat acreage has decreased in 2025. However, the buckwheat harvest, which has begun, demonstrates its high yield.
The gross harvest is expected to reach 850,000 tons, which will cover both domestic market needs and export demand. This is especially true given the high carryover stocks from the 2024/25 season,» notes Irina Glazunova, Deputy Director of the Institute for Agricultural Market Studies (IKAR).
According to Rosstat, stocks as of July 1 were approximately 180,000 tons. This is significantly higher than the 118,000 tons on the same date in 2024.
Therefore, the country is not currently facing a buckwheat shortage: the harvested volume should be sufficient for both domestic consumption and export.
Moreover, farmers hope that the reduction in carryover stocks will lead to further increases in the price of this crop. Experts note that last season, buckwheat was cheaper than third-class wheat, which is a catastrophic situation for producers.
The buckwheat harvest in Russia this year is expected to be approximately 826,000 tons. This is significantly lower than in 2024, when farmers harvested 1.2 million.
At the same time, the yield of this crop increased from 13 centners per hectare to 17 centners.
Analysts believe that rising buckwheat prices could be the very factor motivating farmers to achieve a higher harvest next year.
