Introduction. The modern grain market is one of the most developed segments of both agriculture and the entire economic space. Being an indicator of dynamic development, the grain market demonstrates the possibility of achieving target benchmarks in the sphere of other branches and sub-complexes of the agricultural sector of Ukraine.
Methods. The research methodology covers the system of statistical and economic methods in combination with theoretical aspects of the formation of the grain market, the problems of its functioning in the conditions of the creation of a new economic system. The following methods were used in the process of research: abstract and logical – for the purpose of forming assumptions, hypotheses, as well as conclusions and generalizations; analysis and synthesis – when assessing the state of the research object and substantiating proposals for its improvement and ensuring full-fledged development in the future.
Results. The author's approach to the interpretation of the concept of “grain market” is proposed, which is understood as a type of economic mechanism operating in the country's grain economy, which carries the impulse of self-development. We believe that it is necessary to highlight a number of features of the functioning of the grain market, including: uneven distribution of grain supply points throughout the country; mismatch of centres of production and consumption.
Discussion. The further development of the process of globalization relations will require the disclosure of the concept of “grain market” taking into account the role and place of Ukraine in the global agro-food market and solving the problem of hunger in the countries of the world. The further development of scientific opinion will require a periodic review of theoretical and methodological approaches to the interpretation of the concept of “grain market” from the standpoint of implementing the principles of military economy, the global food crisis, and world food security into the practical realm.
Keywords: grain, market, demand, supply, infrastructure.