In 2017, there is a chance for Russia to become a net exporter of food. In order to obtain a positive balance, it is necessary to use competitive advantages of domestic producers: increase exports of traditional type of products (grains, vegetable oil), get to international market with new types...

Russia's agriculture industry continues to stay on the rise, but its growth rate is slowing down. Household disposable income are declining, thus weakening households' purchasing power. The growth in production and the decline in purchasing power are restraining food prices amid limited exports....

Russia has become the world's biggest wheat exporter, and it has a chance to remain as such. A downswing trend in global food markets and a weakened effect of ruble devaluation may reduce success rates of Russia's grain exports in years to come