Oil Crops Outlook No. (OCS-19J-02) 36 pp

October 2019

Impacts on India's Farmers and Processors of Reducing Soybean Import Barriers

This study examines the potential impacts on Indian farmers and processors of reducing barriers to soybean imports. Model-based simulations find that with imported soybeans, processors could more fully utilize their existing crush capacity, reduce their unit costs, and sharply expand their sales volumes and revenues—leading to substantial economic benefits.

Keywords: India, soybean, import, soybean oil, tariff, trade liberalization

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