According to the experts of the Center for Industrial Economics, this year, due to the increase in production costs, as well as export duties, the prices of Russian grain will increase by 1.9 times YoY.
The TASS agency notes that within the framework of the forum "Grain of Russia 2023", the head of the Center Inna Rykova said,
contrary to the projected increase in the cost of grain production by 20-25%, the indicator varies in the range from 50 to 70%.
The speaker concluded that in the conditions of foreign economic sanctions, lower exports, lower prices on the domestic market, shortage of storage facilities for storing crops, the growth of production costs will continue in 2023.
During the forum, it was noted that the cost of a ton of wheat in 2022 amounted to 10 thousand 754 rubles. In turn, grain flows in 2022-23 MG are projected at the level of 26 million tons, of which about 17 million tons will fall on wheat.
It should be noted that the US Department of Agriculture - USDA predicts the runoff of wheat of the Russian Federation in the amount of 14.4 million tons.