World Market Research on Maize

Abstract

Abstract This research presents the evolution of the world corn market during 2010-2016. Worldwide, corn crops are a very important agricultural crop, both for the population and for animal feed. In order to accomplish this research, a series of indicators specific to the world maize market were studied. The most representative indicators analyzed in this research are: the area cultivated with corn worldwide; total maize production worldwide; the total amount of fertilizer used for corn crops; yield per hectare for corn crop; the amount of Nitrogen used per hectare for maize crops; the amount of potassium used per hectare for maize crops; human consumption of corn worldwide; net export of corn and FOB export price. The statistical data used in this research was taken from specialized international sites for agriculture and food. In this research several references are made to the future evolution of the world maize market. The forecast period is 2019-2025. Changes that occur on the world corn market are due to several factors, the most representative of which are: the decisions of the main actors acting on this market and the natural conditions. Quantitative statistical methods have been used to carry out this research.