GRAIN PRICE CHANGES AND FACTORS IN LITHUANIA

Abstract

The article examines the factors of grain prices presented by different authors, the purchase index of wheat prices was analyzed and were discussed the factors that determined the drop in prices in 2016 and the high growth in 2022. Research was conducted to determine whether the grown/made production of wheat, consumption of wheat for domestic purposes, export of wheat, import of wheat, wheat stocks at the beginning of the period and the price of rapeseed affecting prices of wheat. The aim of this paper is to determine the factors determining changes in the grain prices in Lithuania. During the study, the correlation coefficient was calculated, during which it was determined that that the statistically significant factors that continue to be used for regression analysis are only wheat consumption for domestic purposes and the price of rapeseed. According to the performed regression analysis, it was found that only the price of rapeseed is a statistically significant factor for wheat prices