Prospects for the commodity lending use in the process of the machine-tractor fleet modernization.

The use of new technologies, designs of agricultural machines, as well as the correction of the situation that developed in 1990-2015, led to the need for an accelerated renewal of the machine-tractor fleet in the agricultural production of Russia. One of the instruments of this process is state support. Therefore, it is required to develop the state regulation new methods that stimulate the purchase of new equipment by agricultural producers. Our study purpose is to determine the possibilities of using the commodity lending mechanism to upgrade the machine-tractor fleet in modern conditions. The following tasks are supposed to be solved: - consideration of the using commodity lending experience as a state agrarian policy element; - formulating a mechanism for commodity lending, taking into account the lending object (equipment) characteristics; - determination of this mechanism parameters. One of the effective tools is commodity lending, adapted to the lending object characteristics. It is rational to use the repayment of the principal amount, both in cash and in products. Why use a grain equivalent, the basis of which will be the price of the 4th class wheat grain. In 2022, the purchase of an average tractor requires 324 tons of grain, and the purchase of a grain combine requires 657 tons (or 64.7 tons and 131.4 tons per year, respectively). [ABSTRACT FROM AUTHOR]