Agriculture: The Results of the Second Year of the Pandemic

Сельское хозяйство: итоги второго года пандемии

Natalia I. Shagaida and Denis S. Ternovskiy
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Natalia I. Shagaida: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration
Denis S. Ternovskiy: Russian Presidential Academy of National Economy and Public Administration

Russian Economic Development, 2022, issue 2, 36-40

Abstract: Despite the fall in the physical volume of agricultural production and exports in 2021, the excess of 2020 figures in value terms stood at 17.1% and 21.3%, respectively. The main contribution to the change in production indicators was made by a 9% decrease in the grain harvest. Losses in the production of vegetables and potatoes were fully offset by the growth of the production of oilseeds and sugar beets. The growth of livestock production was insignificant. The structure of the cost of agricultural production in comparison with the sources of resources allows us to conclude about the risk of its growth in the event of rising prices on the foreign market and the ruble depreciation in 2022.

Keywords: agriculture; agricultural production; agricultural products; production cost of agricultural products; prices on agricultural products; sources of inputs (search for similar items in EconPapers)
JEL-codes: Q11 Q17 Q18 (search for similar items in EconPapers)
Date: 2022
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