Abstract
<jats:p>The article analyzes the impact of agro‑industrial integration (AII) on the reproduction of fixed assets (FA) in agriculture over the period 2020-2025. Based on data from the Russian Federal State Statistics Service (Rosstat) and the Ministry of Agriculture of the Russian Federation, as well as reports from agro‑holdings and the results of a survey of the heads of 45 agricultural enterprises in the Central Federal District, the study employed statistical and comparative analysis, econometric modeling, and expert assessments. The findings reveal that integrated structures demonstrate significantly higher performance compared to non‑integrated enterprises: the level of investment in the renewal of machinery and equipment is 25–35 % higher; the average annual rate of machinery renewal reaches 8.9 % (compared to 4.3 % for non‑integrated farms); the level of equipment depreciation by 2025 is 41.6 % (versus 57.8 % for non‑integrated enterprises); and the payback period for capital investments is reduced to 5.1 years (compared to 7.3 years). In addition, the share of agricultural machinery equipped with precision farming systems in agro‑holdings reaches 34 % by 2025, while it is only 13 % among individual farms. The key factors contributing to this efficiency include centralization of resources, economies of scale, access to preferential loans, and the adoption of modern technologies. However, a risk of imbalance in the development of small and medium‑sized agricultural producers has been identified, which calls for adjustments to government support policies–such as subsidized leasing programs and cooperative models for machinery use. The results obtained can be used to improve development strategies for the agro‑industrial complex (AIC).</jats:p>