The international exhibition of agricultural machinery, equipment and materials for crop production YUGAGRO takes place annually in the city of Krasnodar in southern Russia. This year the official opening of the trade fair was performed by the governor of Krasnodar Veniamin Kondratyev, the chairman of the legislative assembly of Krasnodar Yury Burlachko, the Swedish ambassador Peter Erikson and the Dutch ambassador to Russia Renee Jones-Bos. On 65.000 square meters of exhibition space, 679 exhibitors from 35 countries and 38 Russian regions presented their latest products ranging from tractors, agricultural machinery, plant production and storage to agricultural chemistry, seeds, as wells as irrigation systems and greenhouse equipment. The exhibition attracted specialists and farmers from various regions of Russia and its neighboring countries. YUGAGRO was this years largest and most important agricultural trade fair in the Russian Federation according to the official organizers press release.
In terms of agricultural production, the region of Krasnodar traditionally ranks first in Russia. Last year the agricultural production worth 420.9 billion Rubles was produced, which is 6.1 percent more than in 2015 and twice as much as in 2010 (201.5 billion Rubles). In the first six months of 2017 investments in the agro-industrial complex of the Krasnodar region accumulated 17 billion Rubles. This is five percent more than in the same period last year. According to the present trend the Russian agriculture and food economy will continue to develop positively in the coming year. This year the state supported agriculture with 216 billion Rubles. Until 2020 a total of one trillion Rubles in state subsidies are supposed to be invested with the purpose of becoming completely independent from food imports within seven years.
Alexander Khoroshkov, M.Sc.
Senior Key Account Manager CIS countries and the Balkans