PERSPECTIVE DEVELOPMENT OF THE GRAIN MARKET AND ITS REGULATION MECHANISM IN UKRAINE

Abstract

The article gives an economic assessment of the current state of the grain industry development, determines the main factors influencing the formation of demand and supply on the grain market. The lack of efficiency of the mechanism of regulation of the grain market in Ukraine is substantiated on the basis of the obtained values of “market price support” indicators per 1 t of grain and “nominal coefficient of protection of producers” used in the countries of the Organization for Economic Co-operation and Development (OECD). The forecasts of gross collections of cereals and legumes, as well as their volumes of domestic consumption in Ukraine for the period up to 2025 are estimated. The state of transport and logistics infrastructure of the grain market of Ukraine is estimated. Based on the analysis carried out, strategic guidelines for the development of the grain market and its regulation mechanism are proposed.