After almost a decade of downsizing, Russian agriculture has been steadily growing since the end of 90's against the background of deep organizational changes and innovations. The traditional collective farming segment is the key target and subject of innovations. Outside investors and operators have acquired control over farm assets from the primary nominal owners and possessors. As a result, exceptionally large commercial farm operations - "agroholdings" - are being created. Both inside and outside innovators are introducing organizational changes such as vertical integration, custom and contract farming, land leasing, machinery sharing and others. The paper discusses size, scope and character of the ongoing innovations and their short and long-term consequences.