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Trends in international grain prices and their impact on the Romanian exports

Author

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  • Emilia Mary Balan

Abstract

In recent years, Romanian exports of major grain products (wheat and corn) have had an upward trend, due to the high level of domestic production (both in terms of physical volume and quality) and the increase in terms of competitiveness, especially in the Black Sea Region. The present analysis of trends in wheat and corn international prices and the dynamics of the Romanian exports of these cereals have been carried out on the basis of the processing and interpretation of the most recent data and information published by the Romanian and international specialized institutions. The paper offers a general guideline for the Romanian policy makers and the business community in order to develop the potential of commercial activity in the field of agricultural raw materials.

Suggested Citation

  • Emilia Mary Balan, 2016. "Trends in international grain prices and their impact on the Romanian exports," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 8(3).
    • Handle: RePEc:iem:journl:v:8:y:2016:i:3:id:2822000009633015
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    File URL: http://iem.ro/rem/index.php/REM/article/view/520/598
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    More about this item

    Keywords

    grain; wheat; corn; quotes; trade; Romania;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • F19 - International Economics - - Trade - - - Other
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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