Genesis of the Grain Market in Ukraine

The article is devoted to the study of historical aspects of the formation of the gr ain market in Ukraine and the world.It is noted that the grain market is a strategic branch of the national economy, and grain products form the basis of the country's food security.The development of grain farming is extremely important for Ukraine, not only because it ensures the quality of food products, but also because Ukraine ranks among the top ten world wheat producers.This allowed Ukraine to increase the volume of grain exports in recent years.The generalization of scientific research and legal journalism recently illustrates the rapid increase in attention to the problems of the grain market: cultivation, storage, export.The grain industry of Ukraine is a promising segment of the development of the agricultural market, which has potential on both domestic and global markets.Recognized as strategic, the industry ensures food security, the well-being of the population and the country's competitiveness.In the conditions of increased globalization, it is the products of the grain industry that are the priority direction of foreign trade, contributing to the growth of foreign exchange revenues in the country's budget and the development of rural areas.It is justified that the grain industry can be considered as a market of pure competition, since the products of the industry are standardized, there is a large number of sellers and buyers; competition on the market is quite intense, as the supply exceeds the demand and sellers compete for the choice of the buyer of their products; the industry has favorable conditions for entering the foreign market, since in the coming years the demand for grain crops will only grow, and the only possibility to increase production volumes should be the transition of domestic product manufacturers to progressive, highly efficient production technologies.