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Impacts of China's Food Consumption on U.S. Soybean Exports

Author

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  • Chen, Wei
  • Marchant, Mary A.
  • Song, Baohui

Abstract

A model examines how the international and China’s market prices impact China’s soybean imports from the U.S. and South America. Based on soybean crushing ratios and a market clearing presumption, an equation of China’s soybean oil import prices is designed to achieve the goal.

Suggested Citation

  • 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.
  • Handle: RePEc:ags:saeana:46820
    as

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    File URL: http://purl.umn.edu/46820
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    References listed on IDEAS

    as
    1. 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, Cambridge University Press, vol. 37(02), pages 379-391, August.
    2. Dai, Yingchun & Tuan, Francis C. & Lin, William W. & Zhong, Funing & Chen, Xi, 2006. "How does Biotech Labeling Affect Consumers' Purchasing Behavior? A Case Study of Vegetable Oils in Nanjing, China," 2006 Annual meeting, July 23-26, Long Beach, CA 21235, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Lauri Hetemäki & Kuuluvainen Jari, 1992. "Incorporating Data and Theory in Roundwood Supply and Demand Estimation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(4), pages 1010-1018.
    4. Wei-Ming Tian & John Chudleigh, 1999. "China's feed grain market: Development and prospects," Agribusiness, John Wiley & Sons, Ltd., vol. 15(3), pages 393-409.
    5. Song, Baohui & Marchant, Mary A. & Xu, Shuang, 2006. "Competitive Analysis of Chinese Soybean Import Suppliers--U.S., Brazil, and Argentina," 2006 Annual meeting, July 23-26, Long Beach, CA 21109, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Piggott, Nicholas E. & Wohlgenant, Michael K., 2002. "Price elasticities, joint products, and international trade," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(4), December.
    7. Andino, Jose & Mulik, Kranti & Koo, Won W., 2005. "The Impact Of Brazil And Argentina'S Currency Devaluation On U.S. Soybean Trade," Agribusiness & Applied Economics Report 23486, North Dakota State University, Department of Agribusiness and Applied Economics.
    8. Lin, William W. & Somwaru, Agapi & Tuan, Francis C. & Huang, Jikun & Bai, Junfei, 2005. "Consumers' Willingness to Pay for Biotech Foods in China," 2005 Annual meeting, July 24-27, Providence, RI 19569, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. James P. Houck, 1964. "Price Elasticities and Joint Products," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 46(3), pages 652-656.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    China's Soybean Imports; U.S. Soybean Exports; South American Soybean Exports; Price Elasticities; Soybean Crushing Ratios; Marke Clear; GMM; Agribusiness; International Relations/Trade; Q17;

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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