Investment development of beef cattle breeding with state support

Issue № 4, 2018, article № 11, pages 71-75

Section: Economics of agribusiness sectors

Language: Russian

Original language title: ИНВЕСТИЦИОННОЕ РАЗВИТИЕ МЯСНОГО СКОТОВОДСТВА С ГОСУДАРСТВЕННОЙ ПОДДЕРЖКОЙ

Keywords: BEEF CATTLE BREEDING, INVESTMENTS, INVESTMENT PROJECTS, INVESTMENT DEVELOPMENT, STATE SUPPORT, BEEF PRODUCTION

Abstract: The article presents the author's definition of the concept of "investment development", the analysis of the current state of beef cattle breeding, notes the necessity of its investment development to increase the production of cattle meat in Russia. It is shown that one of the key advantages of the leading producers of beef in the world, in particular the USA, Brazil, Argentina, Australia, is the long pasture period of livestock keeping, which contributes to reducing meat production cost. It was revealed that producers of beef in Russia initially appear in unequal climatic and economic conditions in comparison with economic entities of other countries. It is noted that due to biological characteristics, beef cattle breeding is characterized by a longer production cycle and also low investment attractiveness for investors. These and other circumstances show that the sustainable development of beef cattle breeding in our country requires a revision of the system of measures and instruments of government support and investment attraction on a long-term basis. The necessity to take into account the advanced foreign experience and especially the experience of Canada, that has relatively similar natural conditions for keeping livestock, as well as the experience of advanced Russian farms that effectively implement investment projects in beef cattle breeding is justified. In conclusion, the main directions of government support aimed at improving the competitiveness and efficiency of beef cattle breeding are presented.

Authors: Kibirov Alikhan IAkovlevich, Litvina Nadezhda Valerevna