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Table 7 Overview of the price sensitive markets and the markets with strong time trends

From: Short-term acreage forecasting and supply elasticities for staple food commodities in major producer countries

Crop Price sensitive markets Markets with strong time trends
Corn Argentina (0.38) Brazil (1st 0.23, 2nd 0.57) US (0.49) India Rabi (0.38) Argentina (0.05) Brazil (1st −0.05, 2nd 0.09) China (0.02) India (Rabi: 0.09)
Wheat Russia (0.17) Ukraine (0.36) US (0.29) US (0.02)
Soybeans Brazil (0.34) China (0.30) Ukraine (0.61) US (0.27) Argentina (0.06) Brazil (0.04) India (0.04) Ukraine (0.15)
Rice China early (0.30) China late (0.30) China total (0.23) China early (−0.03) China late (−0.02)
  1. The respective coefficients are given in parentheses