Agricultural land in Russia for foreign farmers
01/11/2022, Moscow, Russia // KISS PR Brand Story PressWire //
Agriculture in Russia is an important sector of the Russian economy, accounting for approximately 5% of Russia’s GDP. Agriculture employs approximately 8% of Russia’s population. Russia’s agricultural production in 2019 was estimated to be worth around $120 billion. Crop production accounts for 55% of agricultural production in Russia, with livestock production accounting for 45%. Russia is a big supplier of agricultural products around the world. Russia leads the world in wheat exports. The entire volume of Russian food and agricultural raw material exports peaked in 2018-2019, totalling more than 28 billion US dollars. Russia has 10% of the world’s arable land. The majority of the seeded area (60% in 2019) is for grain and leguminous crops, with wheat accounting for 35%, barley accounting for 10%, oats accounting for 5%, and corn accounting for 3%. The rest is made up of fodder crops (21%), industrial crops (16%), potatoes, and vegetable and melon crops (4% ).
Russia’s Best Agricultural Land
Several aspects should be considered when selecting a region for buying agricultural land, for example:
• Soil fertility and quality;
• Infrastructure development;
• Distance from residential areas;
• Agricultural productivity indicators;
• Crop yield levels;
• Crops that you will grow;
• Markets for these products in the area;
• Availability of the operational business, and so on.
The potential for establishing a food production firm or developing agricultural processing has not been completely disclosed in most of the country’s regions. Given the global drop in such regions, it is conceivable to buy land in Russia at better rates.
Where Can I Find the Best Farming Land?
If the future activity involves making money from crop production, choosing a land depending on its fertility level. It is also important to consider the soil’s condition, the amount of money required for re-cultivation, the cost of equipment, and other factors.
The map of Russian black soil is broad, although the quality of such land varies according to climate and geological factors.
The richest soil may be found in Kursk, Belgorod, Tambov, and Voronezh.
The Krasnodar and Stavropol Territories, as well as the Rostov region, deserve special attention.
You can invest safely in the areas of the Republic of Tatarstan and Mordovia, as well as the Vladimir region near Oryol.
Quality lands suitable for grain and oil crops can be found in the Kaluga, Tula, and Oryol regions.
The Tver, Yaroslavl, and Kostroma regions’ grounds are ideal for growing alfalfa, lupine, and other forage grasses. Very good property plots are still available in these territories for around $300 per hectare.
If you are looking for a location to start a livestock farm, you will need to bring food and remove waste. You will also require pasture for grazing livestock. The principle of land selection will be different in this case. Because developed infrastructure is crucial for this, the central region will be preferable. In particular, the Moscow region, with its convenient logistics and industrial centres, will be an excellent choice. However, it would help if you kept in mind that land in this region is sold at an inflated rate, with prices ranging from 5,000 to 50,000 US dollars per hectare or 2,000 to 20,000 US dollars per acre because it is used for production and storage facilities rather than agriculture.
Russian Agriculture business in Numbers
For many years, the Krasnodar Territory has been a pioneer in agricultural production. This region accounts for 6.6 percent of all statistics in the country. The cost of items rises by around 10-15% per year. The major commercial trend in this region is related to grain, oil crops, orchards, vineyards, fish farms with artificial ponds or natural estuaries, and cattle for meat and milk production.
The Rostov region is also one of the top five agricultural producers globally. It accounts for 4.6% of national data. This region has the biggest percentage increase in the value of agricultural products. Grains and oil crops are farmed there. Aside from that, sheep breeding, viticulture, and horticulture are popular in this region. Fish farms with ponds and lakes can also be located on that land.
On average, the Belgorod region contributes 4.3% of the total share. In this region, there has been a constant increase in the price of commodities in the agricultural sector. Our experts will produce comparative schemes for the selected regions, give essential statistics, and demonstrate some of the most successful investment opportunities. Grain, oil, and fodder crop production are being developed in this area. Gardening, which primarily involves producing apples, is also gaining popularity, as are pig breeding and poultry farming, which primarily involves chickens.
Company: The Russian Land Broker Company
Name: Mr. Marat Tagirovich
Contact Email: firstname.lastname@example.org
Address: 19 Kuznetsky street, Moscow, Russia
The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency).
Release ID: 127928
There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation.