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Abstract

An econometric analysis of demand for U.S. corn and soybean exports, 1961-83, indicated the U.S. corn price and importers' corn production were major demand determinants for U.S. corn, while importers' income and the U.S. soybean price were major demand determinants for U.S. soybeans. Average 1-year price, income, and exchange rate elasticities were -0.96, 0.15, and -1.06 for corn, and -0.37, 0.75, and -0.08 for soybeans.

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