Changing competitiveness in world soybean markets

Donald W. Larson and Norman Rask
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Donald W. Larson: Department of Agricultural Economics and Rural Sociology, The Ohio State University, Postal: Department of Agricultural Economics and Rural Sociology, The Ohio State University
Norman Rask: Department of Agricultural Economics and Rural Sociology, The Ohio State University, Postal: Department of Agricultural Economics and Rural Sociology, The Ohio State University

Agribusiness, 1992, vol. 8, issue 1, 79-91

Abstract: Competitiveness in world markets is the foundation upon which the GATT negotiations and the New Economic Order are built. In this article the changing competitiveness in world soybean markets is evaluated relative to government policy and natural resources. The landed cost of soybeans at Rotterdam and Japan favors Argentina and Brazil over the US. For soybeans and soybean products combined, the US has steadily lost export market share from about 95% in the early 1970s to 45% in 1990. The Brazilian share has grown to 30% and the Argentine share to 16% in this same period. A fundamental shift from the export of soybeans to more soybean product exports has occurred largely because of policies favoring product exports from Argentina and Brazil.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:8:y:1992:i:1:p:79-91

DOI: 10.1002/1520-6297(199201)8:1<79::AID-AGR2720080107>3.0.CO;2-6

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