BASIC INDICATORS OF ECONOMY IN THE DOMESTIC AND INTERNATIONAL MARKET
BASIC INDICATORS OF ECONOMY IN THE DOMESTIC AND INTERNATIONAL MARKET

Summary/Abstract: This paper is part of the analysis of the movements of prices, production, consumption, stocks of the most important types of cereals (wheat and corn) and oilseeds (soybeans and sunflowers) both on the domestic and international markets. The main goal of the research is to use scientific methods to look at the characteristics and tendencies in improving the productivity, economy and profitability of wheat, corn, soybeans and sunflowers, first within the domestic market and then follows the analysis with special reference to the international market. We covered a time period of 5 years (from 2017 to 2021), through primary and secondary data as basic indicators of business, which includes observation and comparative analysis of the most important cereals and oilseeds. In this regard, the emphasis is placed on the prices present at Euronext, the activities of commodity exchange participants, costs, as well as the international demand for these basic agri-food products in order to achieve a competitive advantage. Based on the comparative advantage detection index – RCA, we will determine the import / export in percentage terms as the net import / export of the given products in the total turnover value of that product. There is also a review of the so-called sector analysis of market research in order to identify basic opportunities and problems, both in production and in transport. In the paper, methodological procedures are presented through tables and graphs, data for the mentioned field crops are also presented, in order to examine and evaluate the final financial result.

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