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World Oilseed Markets--Government Intervention and Multilateral Policy Reform

Author

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  • Bickerton, Thomas W.
  • Glauber, Joseph W.

Abstract

Government programs and policies have helped to shape the prevailing patterns of trade and production in global oilseed, oilseed meal, and vegetable oil markets. This report evaluates the adjustments that likely would occur in global oilseed and oilseed product markets if these policies and programs were removed. The effect of policy reform on world oilseed production and trade would be relatively small when compared with trade liberalization's effects on other agricultural commodities. Adjustments to liberalization would vary among regions and within individual oilseed sectors. Low-cost oilseed and vegetable oil producers, like the United States, Argentina, Canada, Indonesia, and Malaysia, could benefit, although their gains would be modest. Gains to Brazilian oilseed producers could be very small. High-cost producers, like EC farmers, could expect a significant reduction in their share of global oilseed production and exports.

Suggested Citation

  • Bickerton, Thomas W. & Glauber, Joseph W., 1990. "World Oilseed Markets--Government Intervention and Multilateral Policy Reform," Staff Reports 278284, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278284
    DOI: 10.22004/ag.econ.278284
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    File URL: https://ageconsearch.umn.edu/record/278284/files/ers-report-450.pdf
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    References listed on IDEAS

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    1. Crowder, Brad & Davison, Cecil, 1989. "Soybeans: Background for 1990 Farm Legislation," Staff Reports 278246, United States Department of Agriculture, Economic Research Service.
    2. Roningen, Vernon O. & Dixit, Praveen M., 1989. "Economic Implications Of Agricultural Policy Reforms In Industrial Market Economies," Staff Reports 278843, United States Department of Agriculture, Economic Research Service.
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    7. Crowder, Brad & Davison, Cecil W. & Schaub, James D. & Wendland, Bruce, 1990. "Soybeans and Peanuts: Background for 1990 Farm Legislation," Agricultural Information Bulletins 262074, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. McCormick, Ian. & Davison, Cecil W. & Hoskin, Roger L., 1992. "The U.S. Sunflower Industry," Agricultural Economic Reports 305475, United States Department of Agriculture, Economic Research Service.
    2. Babula, Ronald A. & Bessler, David A. & Reeder, John & Somwaru, Agapi, 2004. "Modeling U.S. Soy-Based Markets with Directed Acyclic Graphs and Bernanke Structural VAR Methods: The Impacts of High Soy Meal and Soybean Prices," Journal of Food Distribution Research, Food Distribution Research Society, vol. 35(3), pages 1-24, November.
    3. Hofkes, M. W. & Gerlagh, R. & Lise, W. & Verbruggen, H., 2002. "Is Economic Growth Sustainable? A Trend Analysis for the Netherlands, 1990-1995," Conference papers 330984, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Erdman, Laurie, 1991. "Ec - U.S. Soybean And Soybean Product Trade Policy Issues And Disputes," Staff Papers 13778, University of Minnesota, Department of Applied Economics.
    5. S. McCorriston, 1993. "Rebalancing Ec Cereals Protection And The Gatt Uruguay Round," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(1), pages 14-24, January.
    6. Moulay-Benaissa, Samia, 1992. "Agricultural trade liberalization in Morocco: the case of oilseeds sector," ISU General Staff Papers 1992010108000018140, Iowa State University, Department of Economics.
    7. Mercier, Stephanie A. & Gohlke, Brian, 1995. "The Role of Quality in Soybean Import Decisionmaking," Agricultural Economic Reports 308427, United States Department of Agriculture, Economic Research Service.
    8. Babula, Ronald A. & Bessler, David A. & Reeder, John & Somwaru, Agapi, 2004. "Modeling U.S. Soy-Based Markets with Directed Acyclic Graphs and Time Series Econometrics: Evaluating the U.S. Market Impacts of High Soy Meal Prices," Working Paper ID Series 15885, United States International Trade Commission, Office of Industries.
    9. Persaud, Suresh Chand & Chern, Wen S., 2002. "Meat Trade Liberalization And Soybean-Rapeseed Competition In The Japanese Market," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 20(01), pages 1-17.

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