Development of production potential of agro-industrial complex of the Republic of Belarus in the context of trends in global food market

Abstract

The paper presents the results of analysis of trends in global agricultural production in the context of impact on the development of agro-industrial complex of the Republic of Belarus, including: determining impact of the state of the world grain market on balance of markets and prices, increasing demand for agricultural products and, in particular, livestock products, stimulating consumption of feed, strengthening the negative impact of barriers in global trade in food and resources for its production. The directions and opportunities for the domestic agro-industrial complex are determined due to the internal potential of sustainability, increasing the efficiency of strategic forecasting, intensifying the processes of technical and technological re-equipment of production, and developing the market infrastructure. A set of measures has been proposed, grouped in key areas, which will increase production and export potential of the domestic agro-industrial complex and implement a strategy of sustainable economic growth, including: strengthening the feed base of animal husbandry as an export-oriented industry, increasing production efficiency, optimizing costs, improving product quality, ensuring impeccable compliance with technological, technical and labor discipline, technical regulations, creating sustainable models of product promotion in domestic and foreign markets.