Problems of national farm industry dependence on imported agricultural components are shown in the article. Conditions for the effective agro-industrial complex operation, capable to provide import substitution are analyzed. Special aspects of both national-based and foreign-based innovations production development are emphasized. Availability of resources and measures to ensure import substitution on the agri-food market are considered. The method for cost-based product price calculation is proposed taking into account fluctuations of the foreign currency. Farmers’ views on factors determining the situation in agriculture are presented. To sum it up, potential capacity and conditions providing food import substitution are determined.
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