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  • Economic and Policy Implications of Wind-Borne Entry of Asian Soybean Rust into the United States

    OCS-04D02, April 27, 2004

    American soybean producers and the research, regulatory, and extension institutions supporting them are preparing for the potential wind-borne entry of Asian soybean rust into the United States. This report examines how the economic impacts of soybean rust establishment will depend on the timing, location, spread, and severity of rust infestation and on how soybean and other crop producers, livestock producers, and consumers of agricultural commodities respond to this new pathogen.

  • How Does Structural Change in the Global Soybean Market Affect the U.S. Price?

    OCS-04D01, April 13, 2004

    South American soybean production, combined with the U.S. soybean stocks-to-use ratio, provides a strong basis for forecasting U.S. soybean prices. South American soybean production accounts for much of the global structural change that has altered the relationships among U.S. soybean production, use, stocks, and price. The article estimates that a 1-percent increase in South American soybean production decreases U.S. soybean prices by about one-quarter percent.

  • India's Edible Oil Sector: Imports Fill Rising Demand

    OCS-090301, November 07, 2003

    India is the world's leading importer of edible oils and is likely to remain an important source of global import demand for the foreseeable future. Income and population growth and key changes in trade policy are important contributors to India's increasing consumption and imports. This report evaluates policy and market factors underlying production, processing, and trade in India's edible oil sector, and the market potential for U.S. exporters.

  • Oilseed Policies in Japan

    OCS-1102-01, December 09, 2002

    This report provides a detailed description and analysis of policies used by Japan to support its oilseed producers and processors. Domestic policies include compensation to farmers when market prices fall below specified targets and subsidized hazard insurance. The government provides strong incentives to divert land from rice into soybeans, and soybean production is growing. At the border, no tariffs are imposed on oilseeds (except for peanuts) or oilseed meals. However, significant tariffs apply to vegetable oils. These tariffs allow Japan's oilseed crushers to sell vegetable oil at prices above world trade levels. A tariff-rate quota applies to peanuts.

  • Soybeans: Background and Issues for Farm Legislation

    OCS-0701-01, August 01, 2001

    Congress is considering new farm legislation to replace the expiring Federal Agriculture Improvement and Reform Act of 1996. As background for these deliberations, this report provides information on supply, demand, and prices in the U.S. soybean sector. Domestic policy effects on U.S. exports and trade agreements are also evaluated because international trade is an important component of soybean demand. A description of the major features of the current soybean program is included, as well as a discussion of some proposed policy changes.