Priority Directions for Regional Grain Market Development

Abstract

Research Objectives. The article analyses the regional grain market, which makes it possible to substantiate the priority areas of its development, including the expansion of its export opportunities through modernising, updating and creating the port export infrastructure of the region. Methods. The article uses the methods of systemic, structural and logical research, the analytical method, comparison, generalisation, economic statistical method. Each of the methods was used based on its functionality. Results Achieved. The article provides a detailed analysis of the largest regional grain market in the Russian Federation; highlights internal and external factors favouring the development of export production and logistics systems of the Russian and regional grain industries; identifies restrictions for the development of export opportunities for the grain market of Krasnodar Territory. It proposes measures for developing the export potential of the grain market of Krasnodar Territory, to overcome the existing weaknesses in the grain market development in the region. Practical Relevance, Applications. The investment project proposed by the authors for the construction of a new grain terminal in Novorossiysk will allow to comprehensively solve the urgent problem of low efficiency of the port facilities, which limits the development of the export potential of the regional grain market.

Journal of Water and Land Development

“…Economic efficiency will show us the return on total investment, obtaining the maximum amount of products per unit area at the lowest cost. In other words, when calculating the indicator of economic efficiency, the results of production are compared with material costs [GERASIMOV et al 2019;SHAIMARDANOVICH, RUSTA-MOVICH 2018;TYUPAKOV et al 2017;YAKOVENKO et al 2016].…”