Relevance. The agro-industrial complex is one of the key sectors of the country's economy and includes such areas as: agriculture (livestock and crop production), processing of agricultural raw materials, production of fertilizers, chemicals, and feed. The agro-industrial complex works closely with enterprises involved in the transportation, storage, and processing of agricultural products, as a result, any changes in the agro-industrial complex affect the country's economy.The purpose of the study is to assess the impact of the implementation of the federal project of the Russian Federation “Development of industries and technical modernization of the agro-industrial complex” (hereinafter referred to as the Federal Project) on structural changes in the agro-industrial complex.Objectives: consideration of the objectives of the Federal project, its financial support for 2022-2024, analysis and assessment of economic and statistical indicators, identification and consideration of current problems within the framework of the project.Methodology. The information base of the study consisted of official regulations, works of domestic researchers in the field of agriculture, collections of articles with collective authors, articles from magazines, statistical data, official websites of relevant departments and ministries.Results. There are many problems in the development of the Russian agro-industrial complex, but there are also many promising areas for its development. These prospects are determined primarily by state policy in the field of supporting agriculture, the goal of which is the development of Russian farmers and increasing their role in the domestic and foreign markets.Conclusions. A promising direction for the development of the agro-industrial complex is the revision of the entire financing system in order to provide business executives with funds for the purchase of mineral fertilizers, fuels and lubricants, materials, and high-quality feed in the volumes necessary for efficient production. Also requiring attention are such pressing issues as increasing wages for agricultural workers, which will attract young specialists to the village and, thereby, resolve the issue of shortage of qualified personnel.