Ministry of Agriculture predicts an increase in grain harvest to 118 million tons in 2019
The Minister of Agriculture of Russia Dmitry Patrushev told this during his conversation with journalists on the sidelines of the Russian Investment Forum, which is being held in Sochi.
“Taking into account the latest data we collected from the regions, we can forecast that grain harvest will increase to 118 million tons this year, which is about 5% more than last year. These figures allow us to fully meet our domestic needs as well as increase export potential,” said the head of the Ministry of Agriculture.
Today, grain supplies account for 40% of Russian agricultural exports. According to the ministry, in coming years, grain will continue to have the largest share in agricultural exports. At the same time, the Ministry of Agriculture seeks to develop the production of other types of goods, such as products of processing industry, fish and seafood, meat and milk.
Dmitry Patrushev also said, that the achievement of export targets would largely depend on the active position of the Russian regions. The Ministry of Agriculture together with the regional governments have already determined the product positions with significant export potential for the regions.
According to these results, the passports of regional projects were formed. Implementation of these projects will be carried out with the help of state support measures as well as business investments. The Ministry of Agriculture has already received more than 500 applications describing investment projects aimed to increase agricultural production, said Dmitry Patrushev. By 2024, this will allow Russia to get additional $18 billion in agricultural exports a year.