The article summarizes the theoretical, methodological and practical provisions on the formation and use of material and technical resources in agriculture of Russia; a study of the state and development trends of the park of agricultural machinery. The role and importance of modernization of the agricultural sector in the context of ensuring food security, import substitution and growth of labor productivity are determined. Identified the problems of equipping the material and technical resources of the agricultural sector and factors affecting its formation and use. The directions of the effective functioning of agricultural machinery are generalized and recommendations are developed for solving the identified problems, which contribute to substantially replenishing the material and technical base to ensure increased labor productivity in the agricultural business and food security of the country.
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