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