How the war and sanctions are destroying russia’s agricultural sector
Oil extraction plants are shutting down in russia. In particular, two plants operated by one of russia’s largest agro-industrial companies, efko, were completely shut down in krasnodar krai the other day.
▫️ russian media attribute this decision to “unfavorable market conditions,” while producers complain about the lack of profit margins from selling oil products on foreign markets.
All this is happening against the backdrop of soaring loan costs for farmers, a collapse in grain exports, and deepening crises in other sectors of russia’s industry.
The crises—driven by enormous war expenses and sanctions—have now affected nearly every sector of the russian economy and are increasingly felt by the general population. Meanwhile, ru-propaganda tries to conceal these issues with tales of “geopolitical achievements” and “russia’s revival.”
