Agribusiness, as a fundamental factor in the food security of any country, requires continuous direction and support from public policy. Due to the high-risk nature of production, the agricultural sector of the economy needs a proper mechanism to minimize the costs of producers caused by both endogenous and exogenous factors. The agribusiness sector occupies a niche precisely at the core of the country's economic structure, as its ability to autonomously supply the state's population with food makes it possible to pursue a competitive pricing policy on the export and import markets. One important element of state regulation of the Russian economy is the coordination of policy with regard to the agribusiness sector. Regardless of the type of economic system in a country, absolute self-regulation by economic agents is impossible. To varying degrees, the state must intervene in economic processes to prevent crises and other serious distortions. The main content of state regulation of production in the agricultural sector is the financial and material support of agricultural producers by the state. At the same time, it is necessary to exclude the possibility of using state support to compensate for losses from inefficient production. It is, therefore, useful to highlight an important principle of state regulation, namely the economic incentives for efficient enterprises. State support must focus primarily on ensuring expanded reproduction and creating a favourable economic environment in the agricultural sector based on the economic efficiency of agricultural production.
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