Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year
The aim of this paper is the detection crisis phenomena in the world grain market in the 2022/23 marketing year (MY), which worsened during the Russia-Ukraine invasion on February 24, 2022. Some countries and international organizations have recently expressed concern that the reduction of grain sup...
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2022-06-01
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| Series: | ECONOMICS |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/eoik-2022-0010 |
| _version_ | 1827998170369490944 |
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| author | Kovtoniuk Kateryna Molchanova Ellana |
| author_facet | Kovtoniuk Kateryna Molchanova Ellana |
| author_sort | Kovtoniuk Kateryna |
| collection | DOAJ |
| description | The aim of this paper is the detection crisis phenomena in the world grain market in the 2022/23 marketing year (MY), which worsened during the Russia-Ukraine invasion on February 24, 2022. Some countries and international organizations have recently expressed concern that the reduction of grain supply on the world market and the rapid rise in its price. Whether the impact of the destabilizing situation on the world grain market on the exacerbation of hunger is an open question. In order to fill the research gap, the paper tries analysis the global market into grain types between 2008/09 MY to 2021/22 MY and identify on it the shares of Ukraine and Russia. Two methods are used to conduct a comprehensive study of the grain market - fundamental and technical analysis. The analysis of the state and dynamics of the main indicators of the world grain market was carried out with the help of fundamental analysis. The results show that the volume of grain production in the world and the two warring countries are growing. Both countries supply about a quarter of all products in the overall structure of world grain exports. Finally, the result also shows that Ukraine and Russia are key exporters of barley, rye, wheat, and corn to low-income and least developed countries. Grain price forecasting through technical analysis was carried out. Based on the results obtained during the fundamental and technical analysis, three scenarios for the development of the grain market and its impact on the problem of hunger were proposed and given recommendations for levelling of crisis phenomena. |
| first_indexed | 2024-04-10T05:39:35Z |
| format | Article |
| id | doaj.art-189edb54698c48beb2718d25d64fee65 |
| institution | Directory Open Access Journal |
| issn | 2303-5013 |
| language | English |
| last_indexed | 2024-04-10T05:39:35Z |
| publishDate | 2022-06-01 |
| publisher | Sciendo |
| record_format | Article |
| series | ECONOMICS |
| spelling | doaj.art-189edb54698c48beb2718d25d64fee652023-03-06T10:29:55ZengSciendoECONOMICS2303-50132022-06-0110112914410.2478/eoik-2022-0010Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing YearKovtoniuk Kateryna0Molchanova Ellana1Kyiv National Economic University named after Vadym Hetman,Kyiv, UkraineState University of Trade and Economics,Kyiv, UkraineThe aim of this paper is the detection crisis phenomena in the world grain market in the 2022/23 marketing year (MY), which worsened during the Russia-Ukraine invasion on February 24, 2022. Some countries and international organizations have recently expressed concern that the reduction of grain supply on the world market and the rapid rise in its price. Whether the impact of the destabilizing situation on the world grain market on the exacerbation of hunger is an open question. In order to fill the research gap, the paper tries analysis the global market into grain types between 2008/09 MY to 2021/22 MY and identify on it the shares of Ukraine and Russia. Two methods are used to conduct a comprehensive study of the grain market - fundamental and technical analysis. The analysis of the state and dynamics of the main indicators of the world grain market was carried out with the help of fundamental analysis. The results show that the volume of grain production in the world and the two warring countries are growing. Both countries supply about a quarter of all products in the overall structure of world grain exports. Finally, the result also shows that Ukraine and Russia are key exporters of barley, rye, wheat, and corn to low-income and least developed countries. Grain price forecasting through technical analysis was carried out. Based on the results obtained during the fundamental and technical analysis, three scenarios for the development of the grain market and its impact on the problem of hunger were proposed and given recommendations for levelling of crisis phenomena.https://doi.org/10.2478/eoik-2022-0010world grain marketpopulation growthrussian military invasion in ukrainehunger and undernourishmentf17f51l91j11q13r4 |
| spellingShingle | Kovtoniuk Kateryna Molchanova Ellana Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year ECONOMICS world grain market population growth russian military invasion in ukraine hunger and undernourishment f17 f51 l91 j11 q13 r4 |
| title | Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year |
| title_full | Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year |
| title_fullStr | Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year |
| title_full_unstemmed | Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year |
| title_short | Identification and Levelling of Crisis Phenomena in the World Grain Market in the 2022/23 Marketing Year |
| title_sort | identification and levelling of crisis phenomena in the world grain market in the 2022 23 marketing year |
| topic | world grain market population growth russian military invasion in ukraine hunger and undernourishment f17 f51 l91 j11 q13 r4 |
| url | https://doi.org/10.2478/eoik-2022-0010 |
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