
© Sputnik/ Artem Kreminsky
Amid a record-setting harvest, Russia's agricultural sector is giving the Russian economy a powerful and much-needed boost; according to some observers,
the sector even has the potential to gradually wean the country off its dependence on the export of hydrocarbons.Earlier this month, the UN's Food and Agriculture Organization projected a record grain harvest for Russia, with the US Department of Agriculture
following suit, saying that
Russian grain exports now exceed those of the US.This year, the country is expected to produce about 64 million metric tons of wheat, with the total grain harvest expected to reach
between 113 and 116 million tons.
This would mean exceeding contemporary Russia's previous record - set in 2008 when farmers produced 108.2 million tons of grain. About 40 million tons from this year's harvest is expected to be exported, up from the 32 million tons exported last year.
Amid the bumper crop bonanza, which is
becoming a regular occurrence as the Russian agro-industrial complex takes advantage of sanctions on European food products, some officials are beginning to suggest that agriculture may soon turn into a major tool helping to ease the country's dependence on oil and gas exports as a percentage of its exports earnings.
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