Page 119 - RusRPTMar21

9.1.5 Retail sector news
9.1.6 Agriculture sector news
The output of the agricultural sector grew 1.5% YoY in 11M20, the only data we have so far as full data for December has not been published. Crop output was up 1% YoY and livestock output was up 2% YoY.
Russian agriculture enjoys another year of growth in 2020 While agricultural output grew almost every year over the past decade, 2020 was no exception even if growth slowed down to about 1.5%.
Crop farming, which accounts for well over half of agricultural output, increased significantly slower than at nearly any time in recent history. Grain harvests overall, however, were up by 10% last year, even approaching the record harvests of 2017.
In contrast, production of certain crops such as potatoes declined considerably, and sugar beet production collapsed to levels not seen in many years. “That was due to smaller areas under cultivation and smaller harvests per area. The steady growth of livestock production continued last year,” said
119 RUSSIA Country Report March 2021 www.intellinews.com