Russia's Economic Crisis and its Agricultural and Food Economy

Abstract

Since 2000, Russia has become increasingly important for world agriculture. The country, along with Ukraine, has emerged as a major grain exporter, while Russia has also become a large agricultural and food importer, especially of meat and other livestock products. However, the geopolitical events of 2014 involving the country’s relationship with Ukraine and the West, and even more so the economic crisis that hit late in the year, are disrupting its agricultural and food economy.