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The Global Corn Market: Current Situation And Trends

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  • Emilia Bălan

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.

Suggested Citation

  • Emilia Bălan, 2016. "The Global Corn Market: Current Situation And Trends," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 13.
    • Handle: RePEc:iem:imptrs:v:13:y:2016:id:2822000009632023
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    File URL: http://www.iem.ro/rem/index.php/itset/article/view/502/579
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    More about this item

    Keywords

    corn/maize; quotes; CBOT; production; consumption; trade;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E39 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Other
    • F19 - International Economics - - Trade - - - Other

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