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          2004 Annual meeting, August 1-4, Denver, CO >

Please use this identifier to cite or link to this item: http://purl.umn.edu/20117

Title: WHO DOMINATES THE U.S. SOYBEAN INDUSTRY: PRODUCERS, CONSUMERS, OR AGRIBUSINESES?
Authors: Song, Baohui
Marchant, Mary A.
Xu, Shuang
Authors (Email): Song, Baohui (bsong2@uky.edu)
Marchant, Mary A. (mmarchan@uky.edu)
Xu, Shuang (sxu4@uky.edu)
Issue Date: 2004
Series/Report no.: Selected Paper
Abstract: Globally the U.S. is the number one producer, consumer and exporter of soybeans. Nationally, U.S. soybean production value ranks second among all agricultural bulk commodities, having a significant impact on U.S. farm incomes. U.S. soybeans have been a subsidized commodity since 1941 and the 2002 Farm Bill provides soybeans for the first time direct government and counter-cyclical payments. Using welfare economics, this research explores the political economy of U.S. soybean subsidy policies. Results indicate that in aggregate terms consumer interests dominate and in per capita terms producer interests dominate in the U.S. soybean industry. 4
Notes: Replaced with revised version of paper 08/11/04.
URI: http://purl.umn.edu/20117
Institution/Association: American Agricultural Economics Association>2004 Annual meeting, August 1-4, Denver, CO
Total Pages: 17
Language: English
Collections:2004 Annual meeting, August 1-4, Denver, CO

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