Stocks of cereals in the country will last at least a year and a half

According to the retail audit Nielsen, the largest retail networks in the country only from 2 to 8 March compared to the same period last year, sales of cereals rose by 27.8%, frozen products – 40,9%, macaroni products – by 18.8%. To meet the increased demand, X5 Retail Group increased the volumes of supply of socially important goods from the warehouses to the stores in 2-4 times and adjusted the rules of calculations.

Photo: Sergey Mikheev How the retail sector to cope with panic shopping

“we Stress that the stock is enough, prices are stable, increased deliveries, and we ask our buyers to take a balanced approach to the creation of reserves subject to stable availability. With a shortage of goods on the shelf at the store delivery will be made during the day,” – said the representative of X5 Retail Group.

meanwhile, as follows from the monitoring of the company “Prozerno” last week some fluctuations in wholesale prices of rice and buckwheat still observed. For example, buckwheat during the week from 9 to 13 March rose by 480 rubles, almost to 39.8 thousand rubles per ton. Rice cereal (on the other) for the week rose in price for 385 rubles, almost to 31.2 thousand rubles per ton. In the first week of March, on the contrary, there was a slight decline in prices and buckwheat, and in Fig. The main increase in rice prices occurred in the South of Russia and North Caucasus. A slight increase was observed in the Volga region, in Moscow and the Moscow region.

the rising prices of grains due solely to panic, and certainly not last long, I’m sure the Deputy Director General of the Institute for agricultural market studies (IKAR) Irina Glazunov. She is confident that substantial growth in prices and shortage of cereals in the near future expect just not worth it. Even despite the fact that last year buckwheat in the country produced 25% less than in 2018, we have huge stocks of buckwheat, and we consume much less than we produce, says Irina Glazunov. And rice in Russia last year produced 14 thousand tonnes more wheat by 8 million tonnes, and we also have no shortage of these cereals. For the first five months of the current season the production of cereals amounted to 695 thousand tons Is less than 5 thousand tons, than last year, but more than in the previous two, he said. According to the President of the Russian Union of milling and groats enterprises Arcady Gurevich, stocks of the main cereals in Russia will be enough “a year” without regard to the volume of the new crop. So all this talk about a possible shortage or price increase of no more than “stupidity”. Possible small price variations he explains that the producers could hold back production in anticipation of better prices.

Photo: Alexander Astafyev/ RIA Novosti Deputy Prime Minister Abramchenko promised that the buckwheat will be enough for everyone

does Not expect growth in food prices long-term storage and Executive Director of the Association “Rusprodsoyuz” Dmitry Vostrikov. Cereals are produced domestically, and the weak ruble and coronavirus influence primarily on imported goods. In addition, the network will not increase the price. “Raising prices in conditions of low purchasing power of the population will lead to a decrease in turnover and will not allow to reach even a short-term positive financial result”, – commented on it previously.

Authorities also believe that the reasons for concern, Russian consumers are not. The Minister of agriculture Dmitry Patrushev at a meeting on 17 March said that the situation on the food market is stable, significant price fluctuations in the commercial segment, including in such important goods like pasta, canned goods and cereals, is not observed. And the President of the country Vladimir Putin urged Russians not to spend money on products, “which then have to be disposed of”. Wednesday, March 18, at the working meeting in the government the Vice-Premier of Victoria Abramchenko instructed to ensure an uninterrupted supply of products to the population and to build food stocks in retail chains. According to her, today there is no food shortage and regional suppliers will be able to provide stores will even those products that are unreasonably caused a stir.

a Quote Photo: Mikhail Metzel/TASS

Victoria Abramchenko, the Deputy Prime Minister, on the product inventory:

“buckwheat – a favorite product of the Russians the last few days. It will be enough for everyone. Altai Krai will be able to provide the country with buckwheat, now stocks more than 350 thousand tons.”