Munich Personal RePEc Archive

Strategic directions for food security by balancing the report of demand and supply on global agricultural market

Petre, Ionut Laurentiu (2015): Strategic directions for food security by balancing the report of demand and supply on global agricultural market. Published in: Agricultural Economics and Rural Development - Realities and Perspectives for Romania , Vol. 6, No. ISSN 2285–6803 ISSN-L 2285–6803 (20 November 2015): pp. 41-45.

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Abstract

In this study I discussed about the results of the FAO studies, I used certain methods of forecasting supply and demand and Ia presented some solutions. Discussions on FAO results are based on population trends, both general and structured areas, urban and rural. Next I have predicted supply and demand for major food products in different geographic areas. These forecasts were established using economic-mathematical calculation methods. Thus, in terms of demand linear regression model was used predict it simple and to offer trend extrapolation method was used to forecast production and to predict import simple regression linear model. Thus the two main components of the market, supply and demand in each of the areas examined were put in antithesis and each represented by a graph for each main agro-food product. The study concludes with several recommendations with which it can establish a balance between supply and demand; recommendations such as reducing yield gaps, boosting the production and reducing losses.

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