Financing agricultural production: possibilities and directions of development

The article considers the problems of the agricultural lending market associated with the seasonality and high risks of agricultural production, the difficulty of determining the creditworthiness of small agricultural producers and farms, the rapid reduction in the number of the most important market participants - agricultural credit cooperatives, imbalances, high costs and insufficient external financing. As a result of the analysis, a differentiated approach to financing agricultural production market participants is proposed, as well as the use of DeFi platforms, the application of project financing principles for promising investments in agriculture and the issue of so-called "catastrophic bonds" in order to reduce the risks of agricultural producers.