According to preliminary data of the Institute for agricultural market studies (IKAR), this year Russia planted 732 thousand hectares of buckwheat. This is the lowest figure since 2003, when agriculture took 735 thousand hectares, said "the Agroinvestor" Deputy General Director of IKAR Irina Glazunov. A year earlier, the area under buckwheat, according to Rosstat, amounted to 807 thousand hectares.

In April, the first Deputy Minister of agriculture Dzhambulat Hatuov told me that this year crops will increase by 50-70 thousand hectares. "We believe that the volume of production of buckwheat on these areas will allow us to have a two-year supply of buckwheat to meet the demand of our customers," he said. At the end of January at the all-Russian agronomic meeting, the Agency raised the Outlook for sowing of buckwheat at 858 thousand ha.

Glazunov admits that the total acreage will be slightly above the current rating, however, the gross yield of buckwheat can be one of the lowest in recent years, drew attention to it.

The President of the Union of grain processors of Altay Valery Gachman notes that in the Altai region — key region-producers of buckwheat even in the foothills it is dry weather. Therefore, high yields are expected in the region, but in the Volga region and the South of the Central Chernozem region, in contrast, predicted a good gross yield of agriculture. "Also, according to our calculations, in Russia large carry-over stocks of buckwheat, so that the cereals deficit in the new season in any case will not be", — he commented "the Agroinvestor".

In April, the house specified that the stocks of buckwheat from farmers is not less than 300 thousand tons, which, according to him, should suffice until the next harvest. Grovedale not expect another increase in demand for buckwheat in the period of frantic purchasing at the end of March — beginning of April consumers adequate stocks. The Russian grain Union in early June was estimated carryover stocks of buckwheat at the level of 200 thousand tonnes and forecast a decline in prices for buckwheat. "First and foremost, this is due to the fact that the reserves are formed, and while people will not eat more will not buy. As a result, we get a lot of pressure stocks and the new harvest that will start coming when we start cleaning," said the President of the Union Arkady Zlochevsky at a press conference.

In August-September of last year crap was worth 12-13 thousand rubles per ton, in the middle of the past season, the price reached 37 thousand rubles per ton, is now at 24-25 thousand rubles per ton, cites Valery Gachman. "The Outlook for prices in the new season to do yet before everything will depend on the crop. However, it is obvious prerequisite for a significant growth of prices for buckwheat and grits, we don't see," he says.

Now the price of buckwheat and buckwheat fall, but in the long term is expected to resume growth, says Irina Glazunov. "Accordingly, in a more advantageous position will be businesses that will be able to purchase raw materials at the start of the season," she said.