Farmers in the LPR Seek Government Leasing for Equipment as Support Measures Expand
Farmers in the Luhansk People’s Republic have submitted more than 80 applications to Rosagroleasing, seeking leases for agricultural machinery valued at over 1 billion rubles. The information comes from the Ministry of Agriculture and Food of the LPR, which highlighted the volume and potential impact of these requests.
Rosagroleasing has received 81 applications from 23 agricultural producers, covering the supply of 137 units of equipment with a total value exceeding 1 billion rubles. The company is currently reviewing these requests, assessing eligibility, and matching available machinery to the needs of the applicants.
Officials note a clear preference among LPR farmers for domestically produced equipment. This trend aligns with broader policy goals to strengthen local manufacturing and reduce dependency on imports. In a related move, a branch of Rosselkhoztsentr is slated to open before year’s end. The new office is expected to bolster seed production within the republic, supporting the agricultural sector from field to market.
Presently, six seed farms operate in the LPR, collectively providing about 8 percent of the region’s seed requirements. This level of domestic seed production is seen as an important step toward greater self sufficiency, enabling farmers to access varieties tailored to local growing conditions and climate patterns.
Earlier developments include a funding decision in which a 10 billion rubles package was approved to help offset costs for grain producers across Russian regions. The allocation aims to ease capital outlays for farmers, enabling investments in equipment, inputs, and infrastructure that support harvest outcomes and market stability.
Industry observers have noted market conditions for agricultural machinery in Russia. Based on data from equipment dealers associations and industry monitoring groups, the first quarter of 2023 saw a decline in agricultural machinery sales in monetary terms, reflecting broader economic dynamics and the need for continued government support to sustain farming activity through cycles of fluctuation.