Relevance. To study regularities of severe droughts influence and to develop measures on decreasing their negative consequences on crop capacity are important tasks of arable farming. Methods. A long-term experiment was laid in the Prikumskaya experimental station in 1969. The research was conducted in the 6-field grain and fallow crop rotation in the years with HC 0,12–0,30 in July – October. The aim of the research was to study the effect of the most severe droughts of the summer-autumn period on the moisture supply, growth, development and yield of winter wheat on background of bare fallow and semi-fallow in the arid zone of Stavropol Territory. Results. The reserves of productive moisture in the 1 m layer of soil in autumn for sowing on background of bare fallow in 4, semi-fallow – in 5 out of 7 years were below the norm, and in 3 years on non-fallow predecessor were completely absent. This leads to a significant or complete delay of seedlings, weak plant development, thinning and formation of a reduced number of productive stems for harvesting, and this indicator of the structure largely determines the value of the crop. By spring, the moisture content on background of fallow in 3 (43%) and semi-fallow in 4 years (57%) was lower than the average annual value. Of the 7 years in 3 severe summer-autumn droughts were combined with varying degrees of aridity in the spring-summer period. Yields of winter wheat averaged 3.71 t/ha on background of bare fallow and 1.85 t/ha on semi-fallow but in some years ranged from 2.74 to 5.68 and from 1.06 to 2.79 t/ha, or by 2.1–2.6 times, respectively. The size of a yield on background of fallow is by 2 times higher, than that on non-fallow; that testifies to expediency of application of fallow and of its stabilizing role in droughty conditions.