On 7 August 2014 Russia introduced restrictions on import of food products from countries of the European Union, the US, Canada, Norway and Australia (hereinafter – retaliatory sanctions) in response to their sanctions against Russia driven by political developments in the Ukraine. This step...

In 2016, record-high yields of grain, including wheat, maize, sunflower, soya and sugar-beet were received. A new record in poultry meat production was set. Despite economic recession, gross agricultural output has been growing in the past few years. Such results are attributed by many experts...

A decrease in the gross grain yield in 2018 as compared to the record-high yield of 2017 does not entail any risks to domestic consumption needs. With reserves taken into account, the 2018 yield is quite enough to meet households' needs in grain and cereal products, provide the livestock sector...

In 2015, export supplies of food stuffs to Russia from the countries subject to embargo decreased by 66% compared to 2013. However, the negative effect on the economy of these countries was limited. Total export of food stuffs in monetary terms fell barely by 7% and it was redirected to other...

At present about 4% of Russia's GDP is generated in agriculture; however, the sector still accounts for 9.7% of the total number of employed in domestic economy with 26% of the country's population living in rural areas. The latter indicator has remained actually unchanged throughout the 10...

The food embargo has failed to create favorable conditions for Russia's agricultural production to thrive. Instead, such conditions arose as a result of the ruble's devaluation, when imported goods had lost their competitive capacity in Russia's domestic market. On the one hand, the ruble's...