EXPORT DEMAND FOR U.S. CORN AND SOYBEANS

Cecil W. Davison and Carlos Arnade

No 277987, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: An econometric analysis of demand for U.S. corn and soybean exports, 1961-83, indicated the U.S. corn price and importers' corn production were major demand determinants for U.S. corn, while importers' income and the U.S. soybean price were major demand determinants for U.S. soybeans. Average 1-year price, income, and exchange rate elasticities were -0.96, 0.15, and -1.06 for corn, and -0.37, 0.75, and -0.08 for soybeans.

Keywords: Demand and Price Analysis; International Relations/Trade (search for similar items in EconPapers)
Pages: 26
Date: 1987-08
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:277987

DOI: 10.22004/ag.econ.277987

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