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THE EVOLUTION OF PRICE AT CORN IN ROMANIA (2013-2017)

R. L. PANZARU, M. VLADU, D. M. MEDELETE, G. MATEI, D. BODESCU

First published: 2018https://doi.org/10.5593/sgemsocial2018/1.3/S04.101View metrics

Abstract

Corn is the main crop plant in Romania, at least in terms of cultivated areas (2,554,304.25 ha as an average for the period 2013-2016, over 25% of the arable land cultivated) and total production (10,765,359.5 t, average for the period 2013-2016 around 50% of cereal production). Maize is highlighted by its multiple importance (fodder, industrial, agro-technical, fodder, export, source of profit). The study presents the evolution of corn prices in Romania during the period 2013-2017, both at national level and at the level of development regions (according to www.insse.ro). In this context one can notice the differences between different areas of the country and their positioning compared to the national situation. For the work, the material used is provided by various secondary data sources. As a method of analysis, we use the comparison, in time and space, using the structural and dynamic indices. In Romania, the period 2013-2017 is characterized by a national average price of 0.63 lei / kg, compared to which are found both supra-unitary levels (Center, North-East, Bucharest-Ilfov and South-Muntenia - +9.52, +1.59, +9.52 and + 4.76%), unitary (South-West Oltenia Region) and subunit (Nort-West, West and South-Eastern regions - -4.76% first and -3.18%. The absolute variations of the indicator are exclusively negative. Price dynamics is characterized by a downward trend, which can be explained to a certain extent by the level of total outputs, but also by the intervention of other conjuncture factors influencing the maize market.

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Publication details

Title
THE EVOLUTION OF PRICE AT CORN IN ROMANIA (2013-2017)
Authors
R. L. PANZARU, M. VLADU, D. M. MEDELETE, G. MATEI, D. BODESCU
Proceedings
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
Publisher
STEF92 Technology
Year
2018
Pages
819-826
SWS Citekey
PANZARU20184819826
ISSN
2367-5659
ISBN
978-619-7408-63-8
Language
en
Publication type
Proceedings Paper
Keywords
maizepricedynamicrelative variationregional situation
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