Annual Costs of Additional Soybean Cleaning Exceed Benefits by at Least $20 Million
by William Lin
Agricultural Economic Report No. (AER-736) September 1996
Some foreign buyers prefer cleaner U.S. soybeans, but the costs of additional cleaning would exceed the domestic and international benefits by at least $20 million per year, according to Costs and Benefits of Cleaning U.S. Soybeans: Overview and Implications, AER-736, a new publication that summarizes two other ERS reports. The reports suggest that the U.S. soybean export market can potentially benefit more by improving the protein and oil contents of the soybeans because most importers are unwilling to pay more for cleaner beans.
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