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Assessment of Biotechnology Policies and International Trade in Key Markets for U.S. Agriculture

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  • Marchant, Mary A.
  • Song, Baohui

Abstract

The United States leads the world in agricultural biotechnology research, adoption, commercialization, and exports. Our biotech commodities are highly dependent on international markets. Thus, any biotech policy changes by key importing countries may affect U.S. agricultural biotech product exports. This article identifies key markets for U.S. agricultural exports including biotech commodities and discusses current and proposed biotech policies in key markets for U.S. agricultural exports focusing on Canada, Mexico, Japan, the European Union (EU), and China. Among these markets, labeling of biotech products is voluntary in Canada and Mexico but is mandatory in Japan, the EU, and, most recently, in China. For the EU, U.S. corn exports were almost completely shut out, while U.S. soybean exports also declined because of the EU’s biotech policies. The Work Trade Organization dispute filed by the United States has yet to be finalized. China’s biotech regulations raised concern by U.S. agricultural exporters. However, through U.S. Department of Agriculture education programs, U.S.-China negotiations, and China’s domestic soybean shortage, China’s biotech regulations do not appear to have had long-run impacts on U.S. soybean exports to China.

Suggested Citation

  • Marchant, Mary A. & Song, Baohui, 2005. "Assessment of Biotechnology Policies and International Trade in Key Markets for U.S. Agriculture," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(02), August.
  • Handle: RePEc:ags:joaaec:43513
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    File URL: http://purl.umn.edu/43513
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    References listed on IDEAS

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    1. Jackson, Lee Ann & Anderson, Kym, 2003. "WHY ARE US AND EU POLICIES TOWARD GMOs SO DIFFERENT?," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57898, Australian Agricultural and Resource Economics Society.
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    Cited by:

    1. Chen, Wei & Marchant, Mary A. & Song, Baohui, 2009. "Impacts of China's Food Consumption on U.S. Soybean Exports," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46820, Southern Agricultural Economics Association.
    2. Fletcher, Stanley M. & Nadolnyak, Denis A., 2005. "Biotechnology and International Competitiveness: Implications for Southern U.S. Agriculture: Discussion," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(02), August.
    3. Song, Baohui & Marchant, Mary A., 2006. "China's Biotech Policies and Their Impacts on U.S. Agricultural Exports to China," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25661, International Association of Agricultural Economists.
    4. Jolly, Curtis & Jefferson-Moore, Kenrett Y. & Traxler, Greg, 2005. "Consequences of Biotechnology Policy for Competitiveness and Trade of Southern U.S. Agriculture," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(02), pages 393-407, August.

    More about this item

    Keywords

    biotechnology; biotech policy; corn; cotton; international trade; soybeans; U.S. agricultural exports; Q13; Q17; Q16; Q18;

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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