The main goal of the current research is to study development tendencies of winter wheat production in the period of 1991-2020 and to examine the effect of the changes in cropland areas and yield capacity per hectare on the gross yield of winter wheat in separate periods. In 1991-2005, the gross yield demonstrated extensive (quantitative) growth, and in 2006-2016, it was characterized by intensive (qualitative) growth. In 2017-2020, the yield capacity per hectare decreased almost in all marzes of the RA. As a result, the gross yield of winter wheat annually decreased by 13.54 thousand tons in the mentioned subperiod.

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Since 2020 the global economy has faced serious economic and financial challenges due to COVID-19 pandemic. The main purpose of this research is to study the dynamics of the monthly average import prices for the main types of imported grains and monthly average exchange rates for 1 US dollar in 2020-2022 in RA, disclosing the correlation between them. In the studied period the monthly average import price of wheat increased in autumn and in winter months. The results of analysis have shown that in the mentioned period there was a strong non-linear correlation between monthly average exchange rate of 1 US dollar and the average import prices of the main cereals.