State Assessment of the Russian Dairy Industry During the Coronavirus Pandemic

The article concerns the dairy industry development analysis in Russia during the coronavirus pandemic. The researchers revealed the main problems of dairy products processing, as well as import and export; determined the development prerequisites of a strategic program for the dairy industry development in Russia. The study object was statistical data on the Russian dairy industry state, household incomes, consumer prices dynamics for food products, dairy products import and export before and during the coronavirus pandemic. A man studied the dairy industry state in Russia on the statistical analysis, monographic and abstract-logical methods basis. The article considers the following criteria: the demand dependence on the inflation and wages paid level, the citizens social support impact on the dairy products consumption, an increase in the price growth rate. The agricultural economy deterioration under the coronavirus pandemic influence led to an increase in the dairy raw materials cost and a slowdown in the raw materials sector development. The global prices improvement and low solvency of the population caused the decrease in import volumes. Government support had a great impact on the dairy industry, while investment activity in the industry has slowed down in recent years. The current economic development conditions indicate the need to establish a program for the dairy industry development in Russia. The authors revealed that there is a trend towards a decrease in the economic availability of food. The cost of all basic items of the operating milk production cost increased, resulting in the development slowdown of the raw materials and processing sectors and causing a negative impact on dairy cattle breeding. With a constant increase in the production cost, the milk processing sector income decreases. Export remains a reserve and strategic channel for the dairy products sale. The researchers concluded that there were many prerequisites for the new program establishment for the dairy industry development of Russia.