Farmland in the southern region of Russia has been in high demand by investors such as Stockholm-listed agricultural producer Trigon Agri which divested itself of its land in Samara in the east for farms in the southern state of Rostov. The focus on the south by investors has pushed land prices in the region up 23% in 2013 reaching a high of $2,500 per hectare in Krasnodar. According to SovEcon, as land prices in the south approach those in eastern European Union countries investors would realize better returns in the Central Black Earth region where prices increased a more moderate 10% in 2013 to $500 – $600 per hectare. Despite it being farther from ports, the burgeoning local livestock industry is supporting strong demand for grain and feed crops. To read more:
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