Determinants of corn market development in Ukraine in the context of global challenges

A. Dibrova
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Abstract

The article identifies the main trends and factors influencing the formation of supply and demand in the corn grain market in Ukraine. Based on the analysis of the average monthly world spot price of corn (USA, Gulf of Mexico) and prices in Ukraine based on FOB, its volatility for 2019-2021 is calculated. It is concluded that in the conditions of climate change and lowering of norms of mineral fertilizers application, the dependence of the harvest on weather conditions will increase and the quality of Ukrainian corn grain will deteriorate. All this will negatively affect the level of food security of the country, the gross harvest of corn and the export potential of the industry. Based on the analysis, measures are proposed to increase the efficiency of corn grain production in Ukraine in the face of global challenges.
在全球挑战背景下乌克兰玉米市场发展的决定因素
本文确定了影响乌克兰玉米市场供需形成的主要趋势和因素。基于对世界玉米现货(美国、墨西哥湾)月平均价格和乌克兰FOB价格的分析,计算了2019-2021年的波动率。结果表明,在气候变化和降低矿质肥施用量的条件下,乌克兰玉米收成对天气条件的依赖性将增加,籽粒品质将恶化。所有这些都将对该国的粮食安全水平、玉米总产量和该行业的出口潜力产生负面影响。在此基础上,提出了在全球挑战面前提高乌克兰玉米粮食生产效率的措施。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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