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Spain: Determinants of Corn Import Demand

Author

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  • Haley, Mildred M.
  • Normile, Mary Anne

Abstract

The main determinants of Spanish demand for imported corn are Spain's adherence to the EC's Common Agricultural Policy (CAP) and the U.S.-EC Enlargement Agreement. Spain's adoption of the CAP raised corn prices, leading livestock producers to substitute less expensive feed ingredients, and increased protection from imports. Spain's entry into the EC resulted in slightly higher domestic corn production, lower imports, and lower consumption. The Enlargement Agreement requires Spain to import 2.3 million tons per year of corn and other feed ingredients. Quality considerations are secondary to agricultural policy in determining the quantity and source of Spain's corns imports. The new CAP for grains will reduce Spanish corn production.

Suggested Citation

  • Haley, Mildred M. & Normile, Mary Anne, 1994. "Spain: Determinants of Corn Import Demand," Staff Reports 278738, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278738
    DOI: 10.22004/ag.econ.278738
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    References listed on IDEAS

    as
    1. Schmidt, Stephen C. & Gardiner, Walter H., 1988. "Nongrain Feeds: EC Trade and Policy Issues," Foreign Agricultural Economic Report (FAER) 147988, United States Department of Agriculture, Economic Research Service.
    2. Kelch, David R., 1982. "Structural and Commodity Policies of Spanish Agriculture," Foreign Agricultural Economic Report (FAER) 147192, United States Department of Agriculture, Economic Research Service.
    3. Peterson, E. Wesley F. & Paniker, Albert Pelach & Riley, Harold M., 1983. "Spain's Entry into the European Community: Effects on the Feed Grain and Livestock Sectors," Foreign Agricultural Economic Report (FAER) 147203, United States Department of Agriculture, Economic Research Service.
    4. Hiemstra, Stephen W., 1987. "Effect Of Spain'S Entry Into The European Community On The Demand For Imported Corn," Staff Reports 277993, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

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