Issues of Corn Market development

The diploma thesis deals with one of the most widely grown crop in the world that is corn. The diploma thesis consists of theoretical and practical parts. The theoretical part describes corn as an arable crop, aims at its history and trading patterns. The special attention is devoted to crucial factors which are affecting the corn market. The first subchapter of practical part focuses on analysis factors like production, harvest and planted area of corn in United States of America. Based on the graphic analysis are shown and duly commented on the long-term developmental trends of indicators in the timeframe of last fifty years. The next subchapter of the thesis deals with the analysis of time series of individual determinants affecting maize market. In the last subchapter is built econometric model, which is used to compare predictions of ex -post with reality. The conclusion of the thesis evaluates the results of modelling, describes and critically valorizes the influence of individual determinants on the maize market , and outlines the potential development of the corn market