Abstract

In modern conditions of the world economy’s transformation, which caused significant changes in the foreign trade market environment, the current issue is the modernization of the agrifood policy of Russia to provide the national economy with the agricultural products of its own production, in particular with soybean. By increasing the means of state support and by overcoming structural problems, the soybean industry can become both a powerful driver of domestic economic growth and a key factor in the development of the world food markets in terms of Russia’s focus on the global competitiveness of domestic products.

Highlights

  • The growth of agriculture importance in the process of ensuring food security of the Russian Federation in the context of the globalization of the world economy laid the basis for the development of Russia’s agrifood policy in modern economic conditions

  • The achievements of goals of the Food Security Doctrine of the Russian Federation [1], consisting in the need of learning to use new production technologies and compensation of the existing protein deficit in the country along with the support of the soybean industry by the President of the Russian Federation V.V. Putin, who in his open speech (Blagoveshchensk) in 2014 noted: “I draw your attention that Russian soybean is the best soybean in the world, because it is not genetically modified, but natural, there is almost no such thing in the world anywhere except Russia” [2], gave a significant boot to the development of soybean cultivation in the country

  • It is important to carry out research on the forms and methods of government regulation of both the fat-and-oil sector of the agroindustrial complex in general, and the soybean production industry in particular

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Summary

Introduction

The growth of agriculture importance in the process of ensuring food security of the Russian Federation in the context of the globalization of the world economy laid the basis for the development of Russia’s agrifood policy in modern economic conditions. Putin, who in his open speech (Blagoveshchensk) in 2014 noted: “I draw your attention that Russian soybean is the best soybean in the world, because it is not genetically modified, but natural, there is almost no such thing in the world anywhere except Russia” [2], gave a significant boot to the development of soybean cultivation in the country

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