Statistical analysis and forecast of assessing the development of grain market on the south of Russia

Abstract

Purpose: The article aims to identify the trends in the development of grain production in the Rostov region. The expert assessment of the production and export of grain, with a breakdown of the main achievements, is very important from the point of view of forecasting the development of the results of agricultural production of farmers in this region. Design/Methodology/Approach: To identify the prospects for the development of production for grain crops in the Rostov region, it is necessary: first, to identify the main directions of their development, second, to identify negative phenomena in this sector and third to identify the main activities that will help to eliminate agricultural sector reform. Findings: To identify trends in the development of grain production in the Rostov region, as well as assess the export volume of grain abroad, detailing the main achievements and results of agricultural production of farmers, a large array of statistical data from leading Russian and international analytical agencies were used. By expert evaluation, they were processed, which allowed the authors to make a forecast of grain production and export. Practical Implications: The results of the study can be used to draw up sound plans for the volumes of grain production and grain exports, as well as to further assess the forecasts for the development of agricultural production. Originality/Value: The study made it possible to draw a conclusion on the development of agricultural production in part of the grain market in a single region.