Abstract

The purpose of the article is to assess the economic efficiency of production of deep processing of grain. The relevance of the research is determined by the need to develop this industry in Russia. However, there are many factors that hinder this process: investors’ distrust of the agro-industrial complex as a low-tech sector, the lack of domestic equipment and highly qualified personnel in the field of biotechnology, as well as the lack of experience in the construction of processing plants. For all its disadvantages, which can be eliminated over time through the implementation of measures for state support of the deep processing industry, there are many advantages. These include the possibility of producing high-tech products that are in demand on world markets, intensive development of the livestock industry by improving the feed base, increasing demand and, accordingly, prices for cereals and legumes in the domestic market, creating new technological jobs, etc. The article evaluates the economic efficiency of the production of deep grain processing products on the example of Russia’s largest producer of corn starches and glucose syrups for the food industry. It is revealed that the company effectively uses the available resources, which is reflected in the growth of labor productivity and return on funds, and a decrease in capital intensity. The profitability of production during the study period decreased slightly, but remains at a high level for the industry – 24-25%.

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