Ways to increase profits from the export of Ukrainian corn on the world market

Abstract

The purpose of the article is to carry out a comprehensive analysis of the world corn market and to determine the main directions of development of the domestic corn market. Research methods. In the process of research the following methods were used: abstract-logical - to formulate conclusions; monographic - when detailing the functioning of the corn market; comparative analysis and time series - to compare indicators and identify trends in their change over time; statistical - when analyzing supply and demand in the corn market; graphic - to identify and illustrate the trends of the studied economic phenomena; economic and mathematical methods - in determining the economic indicators that affect the supply and demand of corn. Research results. The study reflects the author's view on the current process of development of foreign trade of corn grain in Ukraine. Author analyzed the potential of Ukrainian corn production in Ukraine. Was determined the list of the most important issues for Ukraine, which should be solved to increase exports of corn. The directions of mutually beneficial cooperation in the future were substantiated, which will ensure economic benefits for Ukrainian producers. Scientific novelty. Directions of development of Ukrainian corn exports and the development of mutually beneficial cooperation in the agricultural sector were proposed. Practical significance. The article is aimed at disseminating the most relevant information among domestic producers and exporters on necessary conditions and differences in the implementation of production and exports of corn. These areas of market development can be used by public authorities to increase production efficiency and maximize profits from trade. Tabl.: 1. Figs.: 2. Refs.: 18.