THE GLOBAL CORN MARKET: CURRENT SITUATION AND TRENDS

Emilia Balan

Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), 2016, vol. 13

Abstract: In the first half of 2016, quotations in the international corn market have recorded an upward trend, in spite of discouraging fundamental market factors. The article examines the main aspects of the relationships between weather conditions, producers, consumers and traders. These factors have led to the defining trend in corn quotations at the most representative agricultural exchange in the world, the one in Chicago. In addition to the analysis of the corn market fundamentals in 2015 and the first half of 2016, the article makes several references to future market developments, as forecasted by experts of the US Department of Agriculture.

Keywords: corn/maize; quotes; CBOT; production; consumption; trade (search for similar items in EconPapers)
JEL-codes: E21 E23 E39 F19 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:iem:imptrs:v:13:y:2016:id:2822000009632023

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