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Abstract
The objective of this paper was to verify the market power of the Argentinean, Brazilian
and American exports of soymeal to the European Union, the main consumer market of this
commodity. For that, the article is based on the methodology of residual demand. Using the methods
Seemingly Unrelated Regression (SUR), Two-Stage Least Squares (2SLS) and Three-Stage Least
Squares (3SLS), the results indicated that, though this segment is concentrated by Argentina, Brazil
and the United States, none of these countries presented market power for soymeal exports. In other
words, they are not able to change soymeal prices without to decrease the exports