In 2016, Russia has managed to become a leader in world grain exports, leaving other major players behind. "Russia once again becomes the breadbasket of the world, what it was before the October revolution," a reference edition of "RIA Novosti" article Andreas Flutch.

The article notes the growing influence of developing countries (e.g. Brazil), which, in the opinion of the journalist, able to provide the population of the world available raw materials.

The article clearly indicated the position as to the impact of Western sanctions on the Russian agricultural sector. Trading limits and a cheap ruble allowed Russian agriculture to take a competitive position in the global market.

However, entrepreneurs from the US and the EU suffer losses. "Many American farmers do not want to empty granaries at such low prices", — says Flutch, adding that protectionist trade policies of the White house could undermine the position of the industry.

Photo: forins.ua