Theoretical foundations and current state of the corn market
The purpose of the article is formation of theoretical foundations and analysis of current state of the corn market. For disclosure of nature and meaning of formation of the corn market have been used methods of theoretical generalization of economic theory basics, analysis and synthesis, systematic approach, comparison, abstraction. There’re analyzed theoretical foundations of the corn market with consideration of history of culture. The current state of corn market from the perspective of forming supply and demand of the world market and price fluctuations in the domestic and foreign markets is researched. Production of corn has great economic importance. And production efficiency allows to assess the real situation, thus induces to seek new ways of improvement that’s an important task and pressing issue at the present time. As the novelty of the study is established that corn belongs to one of the crops that have become the most favorable for agricultural production. Their advantages are wide market and positive economics of production. Through innovation, domestic farmers are succeeding in getting high rates of corn production. The demand for corn and scope of its use is not limited by food purposes. Corn has become one of the main crops, and its by-products are widely used in industry, animal production and medicine. Figs.: 2. Refs.: 7.