Evaluation of wheat commodity

Diana Safaryan

Bachelor's thesis

Abstract:

The research is split into two major sections, theoretical and functional. The first component explains the usage of wheat. This also defines the wheat industry in terms of foreign exchange. The growth of foreign trade in wheat and its influence on world wheat exports have been researched. The second portion is analytically focused, for which a linear regression study was carried out employing the regular least square approach to evaluate the reliance of wheat exports on chosen macro-economic indicators. The export of wheat has been influenced by shifts in the variables selected. This implies that the model included important factors, both statistically and commercially. Estimated model studies have a major effect on the production of wheat. This indicates that exports are primarily influenced by shifts in demand, quality and export marketing. It highlights the value of export assistance programs. On the basis of this research, the outlook for the production of wheat for the coming years is extracted. This forecasts that the production of wheat will grow in the years to come. Exports are expected to be 35 thousand metric tons in 2020. That would be the largest quantity exported since 2010. However, if the prediction is retained, China is projected to hold its role as the world's leading wheat exporter.

Keywords

Wheat, Consumption, Production, Export, Analysis, Price, Yield

Language used: English

Date on which the thesis was submitted / produced: 23. 3. 2020

Thesis defence

• Supervisor: Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / field:
Economics Policy and Administration / Business Administration