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"The export geography is changing and this is not only because Russia or Belarus are buying less (flour)," it quoted Zilvinas Pakeltis, head of exports at Malsena Plius, as saying.

"Trade with these countries has become economically infeasible to us in the wake of the embargo and the depreciation of the Russian ruble. Also, Russians, who are forced to save money, have started to buy local products, which are of lower quality but cheaper," he said.

For the second year now, Malsena Plius supplies seeds of Scandinavian varieties of oat to farmers and then purchases grain from them to produce oat flakes.

The company exports rye and wheat flour, bran and other products to Scandinavian countries, mostly to bakeries and processing plants in Denmark, Sweden and Finland.