Post- Soviet Farming

Russian is emerging as an agricultural powerhouse. Although the country is experiencing sluggish economy, agricultural sector is booming, exceeding the  crop output 20 billion dollars in 2017 with a growth of 20%.

The regaining reputation is ascribed to the confluence of short and long- term factors. Firstly, the agriculture field undergone transformation from ineffective collective model to fantastic capitalism. Despite the government has strenged its role in management, it is largely in the grip of a handle of private hands, leading to fierce competition and thus boosting the area. Secondly, since the collapse of the Soviet Union, the government has put the agriculture a top priority. The state increases subsidies and support to develop sophisticated technologies and improve infrastructures. The scope of arable land has been widen and even some infertile farmland in the past can be reclaimed now. The downstream areas are far from the port. Besides, thanks to the devaluation of Russian rumble and the ban on importing products from countres which sanction Russian, the agricultural sector has been witnessing the growth in exporting.

The above factors stimulate Russian agricultural growth. The future looks bright.