According to the latest data, it fell by about 0.4% in July compared to the same period last year.
Rosstat reports that the month before last, the total volume of agricultural production in all Russian farms amounted to about 975 billion rubles in monetary terms. This is a decrease of 0.4% compared to July 2024.
According to analysts, such a picture is atypical for mid-summer and therefore causes concern.
Some experts believe that the reason for such a decrease in production may be the late start of the harvesting campaign in the current season.
As a result, the arrival of grain that should have already been harvested is delayed. This leads to a distortion of statistical data. But this in itself is not a problem, experts note.
It is obvious that the grain that was not harvested in July will eventually be harvested in August or September, due to which the indicators should «even out».
The second reason why agricultural production in Russia as a whole may be «stalling» is the low performance of livestock breeders.
Here we see a truly negative picture: a decline is observed in both dairy and meat production.
Only the results achieved in egg production look positive against this background. In turn, such a situation may be a consequence of the fact that many farms are actively reducing their livestock due to reduced profitability.
Obviously, if this is the reason, then in the near future the picture may become even more negative than now, since agricultural production will decrease even more.
In general, analysts believe that in the current season we should not expect agricultural production to grow by more than 2.5%. Each industry has its own reasons for stagnation or decline.
For example, the production of fruits and berries is facing major difficulties this year due to late frosts, vegetable production is unlikely to set records, since the area under it has hardly increased, and Russian potatoes, for example, have to compete with imported ones.
In general, experts agree that agriculture in Russia is currently going into the red.
However, this is unlikely to affect the Russian consumer, they note, since the domestic market is almost 100% supplied with everything it needs.
At the same time, as for exports and company incomes, they may suffer in the future, a number of analysts believe.
