TRENDS IN INTERNATIONAL GRAIN PRICES AND THEIR IMPACT ON THE ROMANIAN EXPORTS

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.

Keywords

• grain
• wheat
• corn
• quotes
• trade
• Romania