US-Australia Competition for the Japanese Sorghum Market

Kazuyoshi Ishida and Jaime E. Malaga

No 169802, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association

Abstract: The US held the largest share in the Japanese sorghum market for 20 years. However, in recent years Australia’s share of the same market has been constantly growing to claim the top position despite the fact that the US sorghum price is cheaper in that country. The ratio of US vs Australian sorghum prices in Japan during the last 20 years does not show too much variability, which seems to imply that the US sorghum has not lost price competitiveness in the Japanese market. Factors other than the price may be affecting the market share of the US sorghum in Japan. Therefore, our research objective is to confirm, using historical data and sound methodology, that grain quality differential might be the variable explaining the loss of US market share that country. This analysis will be helpful in terms of allowing the US sorghum producers to regain market share on the important Japanese market.

Keywords: Demand and Price Analysis; International Relations/Trade (search for similar items in EconPapers)
Pages: 1
Date: 2014-07
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:169802

DOI: 10.22004/ag.econ.169802

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