PERSPECTIVES OF SOYBEAN PRODUCTION IN THE FAR EAST FEDERAL DISTRICT

Authors

  • M. O. Sinegovskiy All-Russian Research Institute of Soybean

DOI:

https://doi.org/10.30850/vrsn/2020/1/13-16

Keywords:

soybean, varieties, production, export, import, Russian Far East, forecast

Abstract

The analysis of the current state of soybean production in the Far East Federal District and its growth prospects aimed at increasing the export of this crop to the countries of the Asia and Pacific region (APR) are carried out. The studies proceed from the strategic task of soybean production state with subsequent export of both soybean raw materials and its processed products. The main goal of the “International Cooperation and Export” project is to achieve the agricultural products export (in value terms) is $ 45 billion by the end of 2024, which requires the creation of a new commodity mass (including with high added value), organization export-oriented commodity distribution infrastructure, the elimination of trade barriers (tariff and non-tariff) to ensure access for agricultural products to target markets, as well as systems for promoting and positioning agricultural products. One of the strategically important regions in this direction should be the Far East. For the international market Russian soybeans are of interest as an environmentally friendly product. In this direction China and other countries (APR) remain the most promising external market for domestic producers. So, in 2014-2018, 1.99 million tons of soybeans worth $ 601 million were exported from the regions of the Far East Federal District. The purpose of the work is to identify the problems that need to be solved for the implementation of state plans.

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Published

2021-07-12

Issue

Section

ECONOMICS AND MANAGEMENT

How to Cite

Sinegovskiy, M. O. (2021). PERSPECTIVES OF SOYBEAN PRODUCTION IN THE FAR EAST FEDERAL DISTRICT. Vestnik of the Russian Agricultural Science, 1, 13-16. https://doi.org/10.30850/vrsn/2020/1/13-16