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Changing competitiveness in world soybean markets

Author

Listed:
  • Donald W. Larson

    (Department of Agricultural Economics and Rural Sociology, The Ohio State University)

  • Norman Rask

    (Department of Agricultural Economics and Rural Sociology, The Ohio State University)

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.

Suggested Citation

  • Donald W. Larson & Norman Rask, 1992. "Changing competitiveness in world soybean markets," Agribusiness, John Wiley & Sons, Ltd., vol. 8(1), pages 79-91.
    • Handle: 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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    References listed on IDEAS

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    1. Fontes, Rosa M. & Grennes, Thomas & Johnson, Paul R., 1989. "Competitiveness of U.S. Agricultural Exports: A Market Share Approach," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270700, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Cited by:

    1. Bilal Lotfi & Mohamed Karim, 2016. "Competitiveness Determinants of Moroccan Exports: Quantity-Based Analysis," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(7), pages 140-140, July.
    2. Claudia V. Montanía & Teresa Fernández-Núñez & Miguel A. Márquez, 2021. "The role of the leading exporters in the global soybean trade," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 67(7), pages 277-285.
    3. Deodhar, Satish Y. & Sheldon, Ian M., 1997. "Market Power In The World Market For Soymeal Exports," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(1), pages 1-9, July.
    4. Odeh, Oluwarotimi O. & Peterson, Hikaru Hanawa, 2003. "The Impacts Of Market Power And Exchange Rates On Prices Of European Union Soybean Imports.," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35137, Southern Agricultural Economics Association.

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