Russian agriculture will continue growth surge

2018 ◽  
Keyword(s):  
Agricultural Sector ◽  
Grain Production ◽  
Content Type ◽  
Federal Support ◽  
Livestock Sector ◽  
Russian Agriculture ◽  
Continue Growth

Subject Record grain production in Russia. Significance Grain production had a record year in 2017 and is expected to be high in 2018 if conditions hold up. Exports, too, are at high levels. Other areas of farming including the livestock sector are also showing growth. Impacts Growth in the agricultural sector is forecast at 3% in 2018 and this should be attainable. Federal support for agriculture in 2018 will total 242 billion rubles (4.2 billion dollars), a 30% increase on 2014 in nominal terms. Vegetable and fruit growers will benefit most from Russia's continuing food import ban.

Russia will aim to strengthen agricultural sector

2015 ◽  
Keyword(s):  
United States ◽  
Food Security ◽  
Agricultural Sector ◽  
The United States ◽  
Content Type ◽  
Milk Products ◽  
Russian Agriculture ◽  
Vladimir Putin

Subject Russian agriculture Significance On June 24 President Vladimir Putin signed a decree to prolong Russia's food embargo in retaliation for the continuation of Western sanctions. Putin said the counter-sanctions would benefit domestic producers. The extension will last until August 2016. Russia's food embargo was initially introduced in August 2014 against EU members, the United States, Canada, Australia and Norway. The August 2014 embargo applied to most imports of fruit, vegetables, meat, fish and dairy and milk products. Impacts Russia will remain a large global exporter of grain, but increased investment will be needed, particularly on machinery. Moscow may expand the embargo to new sectors to inflict greater pain on Western producers. Simultaneously, it will seek to increase agricultural ties with non-Western markets to ensure food security.

Exports become priority task for Russian agriculture

2019 ◽  
Keyword(s):  
Inflation Rate ◽  
Import Substitution ◽  
Food Prices ◽  
State Funding ◽  
Grain Production ◽  
Content Type ◽  
Priority Task ◽  
Russian Agriculture

Significance After four years promoting food import substitution, Russia's government is looking to expand exports of foodstuffs including but not restricted to grain. State funding for the farming sector now includes an allocation to support exports. Grain production, now consistently high, only faces logistical constraints in getting it to market. Impacts Russia's food import protectionism mars relations with Belarus, which it accuses of rebranding Western foodstuffs. At a rate of 4.7% in 2018, food prices rose slightly faster than the average inflation rate of 4.3%. Only 20% of milk produced in Russia is processed into higher-value products such as cheese.

Increasing the effectiveness of the Chinese grain subsidy: a quantitative analysis

2018 ◽  
Vol 10 (4) ◽  
pp. 538-557 ◽  
Author(s):  
Fujin Yi ◽  
Bruce McCarl
Keyword(s):  
Agricultural Sector ◽  
Policy Design ◽  
Cost Effective ◽  
Grain Production ◽  
Policy Action ◽  
Content Type ◽  
Sector Model ◽  
Grain Subsidy ◽  
Alternative Designs ◽  
Pseudo Data

Purpose The purpose of this paper is to examine the grain production implications of alternative designs for China’s grain subsidy policy. In particular, the authors examine three subsidy designs including area-based subsidy, quantity-based subsidy and production-cost-based subsidy. Design/methodology/approach To carry out the analysis, the authors develop a Chinese agricultural sector model (CASM) and an econometric, policy action–farmer response summary model. The CASM is used under a wide variety of subsidy level and basis experiments to generate pseudo data on farmer reactions to subsidies. Then a summary function model was estimated over those pseudo data that quantitatively summarized modeled farmer responses to different grain subsidy schemes. In turn, the summary functions were used to optimize the subsidy level such that it maximized grain production both within and across the area-based, quantity-based and cost-based subsidies. Regional implications were also developed. Findings The authors found that the production-quantity-based subsidy is the most cost-effective in stimulating grain production among the subsidy schemes. The authors also argue that scheme complies with WTO regulations regarding product-specific support. The authors found that the areas where grain production was most affected were the traditional grain-producing regions. Originality/value To the authors’ knowledge the authors have not seen a study of the Chinese grain subsidy program context that examined the effects of alternative subsidy schemes, nor one that developed estimates of the optimal subsidy level. In addition, the methodology is unique employing bottom-up, regionally disaggregated, sector modeling coupled with an aggregate pseudo data based summary function approach providing a new, original approach for analyzing agricultural policy design.

Mexico agribusiness looks set for healthy growth

2016 ◽  
Keyword(s):  
Economic Activity ◽  
Agricultural Sector ◽  
Foreign Currency ◽  
Central American ◽  
Tax Revenue ◽  
Content Type ◽  
Livestock Sector ◽  
Oil Sector ◽  
Healthy Growth ◽  
Oil Company

Subject Agribusiness outlook. Significance The importance of the agricultural sector to Mexico has been underscored by the broad decline in the price of oil since mid-2014. While the oil sector accounts for a relatively small percentage of economic activity, revenue from state-owned oil company PEMEX remains a major source of government income. As such, the agricultural sector -- which includes the world's seventh-largest livestock sector -- has assumed more importance due to its position as a source of foreign currency and tax revenue. Impacts Tighter regulations in Mexico could force Central American exporters to improve production standards. Government initiatives and the weak peso will see both exports and foreign investment in Mexican agriculture increase. Climate change will present worsening challenges for the sector with droughts and flooding becoming more common.

The problems facing agricultural sector in Zanzibar and the prospects of Waqf-Muzar’ah-supply chain model

Humanomics ◽  
2017 ◽  
Vol 33 (2) ◽  
pp. 189-210 ◽  
Author(s):  
Issa Salim Moh’d ◽  
Mustafa Omar Mohammed ◽  
Buerhan Saiti
Keyword(s):  
Supply Chain ◽  
Interest Rates ◽  
Financial Models ◽  
Agricultural Sector ◽  
Chain Model ◽  
Content Type ◽  
High Interest ◽  
Supply Chain Model ◽  
The Government ◽  
Clove Industry

Purpose This paper aims to identify the appropriate model to address the financial challenges in agricultural sector in Zanzibar. Since the middle of 1960, clove production has continually and significantly decreased because of some problems and challenges that include financial ones. The financial intermediaries such as banks, cooperatives and micro-enterprises provide micro-financing to the farmers with high interest rates along with collateral requirements. The numerous programmes, measures and policies adopted by the relevant parties to find out the solutions to the dwindling clove production have failed. Design/methodology/approach The authors will review and examine several existing financial models, identify the issues and challenges of the current financial models and propose an appropriate Islamic financing model. Findings The numerous programmes, measures and policies adopted by the relevant parties to find out the solutions to the dwindling clove production have failed. This study, therefore, proposed a Waqf-Muzara’ah-supply chain model to address the financial challenge. Partnership arrangement is also suggested in the model to mitigate the issues of high interest rates and collateral that constrains the financial ability of the farmers and their agricultural output. Originality/value The contribution of the agricultural sector to the economic development of Zanzibar Islands is considerable. As one of the important agricultural sectors, the clove industry was the economic backbone of the government of Zanzibar. This study is believed to be a pioneering work; hence, it is the first study that investigates empirically the challenges facing the clove industry in Zanzibar.

Agripreneurship development: a strategy for revamping Nigeria’s economy from recession

2017 ◽  
Vol 8 (4) ◽  
pp. 474-483 ◽  
Author(s):  
Innocent Otache
Keyword(s):  
Economic Crisis ◽  
Design Methodology ◽  
Agricultural Sector ◽  
Content Type ◽  
Current Economic Crisis ◽  
Leadership Failure ◽  
Oil Sector ◽  
The Government ◽  
Creativity And Innovation ◽  
Practical Implications

Purpose The purpose of this paper is to explore agripreneurship development as a strategy for economic growth and development. Design/methodology/approach Though a few related literature were reviewed, this paper relies heavily on the author’s viewpoint regarding how Nigeria can grow and develop its economy through agripreneurship development. Findings The present economic challenges that Nigeria is facing are blamed on overdependence on the oil sector, bad governance, corruption, leadership failure, policy inconsistency, overdependence on imported goods and ostensible neglect of the agricultural sector. Also, policymakers, economic analysts and the government have advocated strongly for diversification of the economy. Besides, there is a consensus among scholars, economic analysts and policymakers that “agriculture is the answer.” Research limitations/implications This paper addresses specifically one sector of the economy – the agricultural sector. On the other hand, economic crisis needs to be addressed holistically by resolving specific issues that confront different sectors of the economy. Practical implications This paper has some insightful policy and practical implications for the Nigerian Government and Nigerians. The government and Nigerians need to take practical steps to grow and develop the economy. On the part of the government, apart from the need to transform the agricultural sector by allocating enough funds to it, the government should establish well-equipped agripreneurship development centers and organize periodically agripreneurship development programmes for the main purpose of training and developing both current and potential agripreneurs who will be able to apply today’s agricultural techniques and practices which involve a great deal of creativity and innovation for a successful agribusiness. The federal government should integrate agripreneurship education into Nigeria’s education system. Similarly, the Nigerian people, particularly the youths or graduates should be encouraged to choose agribusiness as a career. Originality/value While previous papers have offered different solutions to the current economic crisis that Nigeria is experiencing, ranging from economic to structural reforms, this paper differs significantly from others by recommending specifically agripreneurship development as a strategy for revamping Nigeria’s economy from its current recession. Moreover, there is a dearth of literature on agripreneurship and agripreneurship development. This paper therefore fills the literature gap.

Перспективи розвитку зерновиробництва в Кіровоградській області

Ekonomika APK ◽  
2021 ◽  
Vol 319 (5) ◽  
pp. 30-37
Author(s):  
Emma Symonian ◽  
Nataliia Nerubaiska ◽  
Maryna Pukhliakova ◽  
Maksym Yandola
Keyword(s):  
Crop Production ◽  
Systematic Approach ◽  
Agricultural Sector ◽  
Security Analysis ◽  
Practical Significance ◽  
Grain Production ◽  
Production Development ◽  
Analysis And Synthesis ◽  
National Production ◽  
Yield Monitoring

The purpose of the article is to explore the prospects for the development of grain production in the Kirovograd region. Research methods. The study used dialectical methods of cognition, a systematic approach to the study of economic phenomena, monographic (generalizing domestic and foreign experience in determining the economic essence of food security), analysis and synthesis (in studying the levels of production of cereals and legumes and the level of grain supply), statistical groups (in identifying the place of regions in the national production of cereals), economic and statistical (in the processing of mass statistics), abstract and logical (in substantiating theoretical generalizations and drawing conclusions). Research results. The potential of grain production development in Kirovohrad region is considered. The analysis is based on statistical data of the crop industry. Problems of industry development are revealed and ways of solutions are offered. Scientific novelty. Analysis of the level of crop production in the Kirovohrad region in terms of using the latest technologies and yield monitoring. Practical significance. Along with some positive changes in the region's grain production, obstacles to their development have been identified. Proposals have been made to eliminate them with active investments and state support programs for the agricultural sector of the region. Tabl.: 4. Figs.: 1. Refs.: 18.

Modeling debt choice in agriculture: the effect of endogenous asset values

2017 ◽  
Vol 77 (1) ◽  
pp. 95-110 ◽  
Author(s):  
Maria Bampasidou ◽  
Ashok K. Mishra ◽  
Charles B. Moss
Keyword(s):  
Panel Data ◽  
Interest Rate ◽  
Agricultural Sector ◽  
Macroeconomic Policy ◽  
Rate Of Return ◽  
Data Set ◽  
Content Type ◽  
Asset Values ◽  
The Usa ◽  
Non Parametric

Purpose The purpose of this paper is to investigate the endogeneity of asset values and how it relates to farm financial stress in US agriculture. The authors conceptualize an implied measure of farm financial stress as a function of debt position. The authors posit that there are variations in the asset values that are beyond the farmer’s control and therefore have implications on farm debt. Design/methodology/approach The framework recognizes the endogeneity of return on assets (ROA). It uses a non-parametric technique to approximate the variance of expected ROA (VEROA). The authors model the rate of return on agricultural assets and interest rate with a formulation that focuses on macroeconomic policy. Further, the authors use a dynamic balanced panel data set from 1960 to 2011 for 15 US agricultural states from the Agricultural Resource Management Survey, and information from traditional state-level financial statements. Findings Estimation of linear dynamic debt panel data models accounting for the endogeneity of ROA and VEROA is a challenging task. Estimated variances are unstable. Hence, the authors focus on variance specification that uses the residuals squared from the ARIMA specification and non-parametric estimators. Arellano-Bover/Blundell-Bond generalized method of moments estimation procedures, although may be biased, show that VEROA has a negative and significant effect on the total amount of debt in the agricultural sector. Research limitations/implications The instruments used in this analysis are lagged regressors which may be weakly correlated with the relevant first-order condition, hence not properly identifying the parameters of interest. Future research could include the identification of better instruments, potentially use of sequential moment conditions. Originality/value Unlike previous study, the authors use non-parametric approximation of VEROA. The authors model the rate of return on agricultural assets and interest rate with a formulation that focuses on macroeconomic policy. Second, the authors make use of a large dynamic balanced panel data set from 1960 to 2011 for 15 agricultural states in the USA. To the best of the authors’ knowledge, this study is one of the few that provides evidence on risk-balancing behavior at the agricultural sector level, of the USA.

Green Care: social entrepreneurs in the agricultural sector

2014 ◽  
Vol 10 (3) ◽  
pp. 268-287 ◽  
Author(s):  
Pia Heike Johansen
Keyword(s):  
Social Services ◽  
Social Entrepreneurship ◽  
Qualitative Data ◽  
Agricultural Sector ◽  
Ad Hoc ◽  
Analytical Framework ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Entrepreneurship Theory ◽  
Social Farming

Purpose – The purpose of this paper is to provide a sector-based analysis of the drivers for social entrepreneurship in the agricultural sector. Design/methodology/approach – The paper uses qualitative data from two studies in the Danish region of Northern Jutland. The data include responses from 38 farmers who offered or had considered offering social services. The analytical framework is taken from a review of the limited literature on Green Care and Social Farming and social entrepreneurship theory. Findings – Strong and consistent tools for the categorisation of farmers’ social entrepreneurship have been developed. However, these tools have merely been used descriptively rather than to create proactive agriculture policies to facilitate social entrepreneurship. In Region Northern Jutland social entrepreneurship in farming is driven by a combination of tradition, close relationships and coincidence. It is ad hoc, with each initiative starting from scratch because no knowledge or experience has been gathered or distributed. Research limitations/implications – The agricultural sector-based approach to social entrepreneurship will not be discussed against other approaches to social entrepreneurship. This would be a suggestion for another more conceptual kind of article in the future. Originality/value – A study of social entrepreneurship among farmers has not yet been coupled with a sector-based analytical framework. This paper contributes to the literature of social entrepreneurship by supplementing with an agricultural sector-based approach.

scholarly journals MAIN PROBLEMS OF DETECTION OF TRANSACTION COSTS IN ACCOUNTING-INFORMATION PROVIDED MANAGEMENT OF AGRICULTURAL ENTERPRISES AGRICULTURAL ENTERPRISES IN THE LIVESTOCK INDUSTRY

2020 ◽  
pp. 126-132
Author(s):  
Dmytro Liudvenko
Keyword(s):  
Transaction Costs ◽  
Information Management ◽  
Agricultural Sector ◽  
Institutional Environment ◽  
Economic Environment ◽  
Livestock Industry ◽  
Agricultural Enterprises ◽  
Doing Business ◽  
Agricultural Enterprise ◽  
Livestock Sector

Introduction. The article describes the market and globalization exacerbate the problem of competitiveness of products, enterprises, states. The role of accounting-formation support is increasing for the management, socioeconomic and environmental basis of the competitiveness of enterprises in the livestock sector. Accounting in the agrarian sector has unquestionable success. It is demonstrated clearly by the identification of transaction and transaction costs in the livestock industry today. The importance of accounting are achievements in the agricultural sector. The accountants' attention and therefore at all levels of management are not isolated in accounting standards for these costs in the economic activity of an agricultural enterprise. Purpose. The task is to substantiate: The need to isolate the composition of transaction costs in accounting accounts. We must to ensure competitiveness in the new economic environment. It is requires accounting and information management of agricultural enterprises engaged in the livestock industry. Results. Scientists are suggest: transaction costs depend on the institutional environment in which the agrarian business operates. It makes impossible to directly influence such costs. The problem of competitiveness transaction costs are of great importance.We must require greater control at all levels of management. It is requires appropriate response of accounting specialization in accountingThe information management of agricultural enterprises engaged in the livestock industry. It should be emphasized: Transaction costs have become particularly important in the socio-economic environment over the last century. This component operates outside the scope of transformational costs. This component has a significant impact on the convenience of doing business in agriculture. The presence of these costs derive from the availability and clarity of accounting. The information management of agricultural enterprises engaged in the livestock sector . This is determine the competitiveness of economies.

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