Skip to main content

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