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          Volume 37, Number 02, August 2005 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/43513

Title: Assessment of Biotechnology Policies and International Trade in Key Markets for U.S. Agriculture
Authors: Marchant, Mary A.
Song, Baohui
Keywords: biotechnology
biotech policy
corn
cotton
international trade
soybeans
U.S. agricultural exports
JEL Codes: Q13
Q17
Q16
Q18
Issue Date: 2005-08
Abstract: The United States leads the world in agricultural biotechnology research, adoption, commercialization, and exports. Our biotech commodities are highly dependent on international markets. Thus, any biotech policy changes by key importing countries may affect U.S. agricultural biotech product exports. This article identifies key markets for U.S. agricultural exports including biotech commodities and discusses current and proposed biotech policies in key markets for U.S. agricultural exports focusing on Canada, Mexico, Japan, the European Union (EU), and China. Among these markets, labeling of biotech products is voluntary in Canada and Mexico but is mandatory in Japan, the EU, and, most recently, in China. For the EU, U.S. corn exports were almost completely shut out, while U.S. soybean exports also declined because of the EU’s biotech policies. The Work Trade Organization dispute filed by the United States has yet to be finalized. China’s biotech regulations raised concern by U.S. agricultural exporters. However, through U.S. Department of Agriculture education programs, U.S.-China negotiations, and China’s domestic soybean shortage, China’s biotech regulations do not appear to have had long-run impacts on U.S. soybean exports to China.
URI: http://purl.umn.edu/43513
Institution/Association: Journal of Agricultural and Applied Economics>Volume 37, Number 02, August 2005
Total Pages: 14
From Page: 379
To Page: 391
Collections:Volume 37, Number 02, August 2005

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