The Effects of Soybean Protein Changes on Major Agricultural Markets

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1996-06-01
Authors
Premakumar, Velupillai
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Center for Agricultural and Rural Development

The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.

CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.

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What are the likely impacts of biogenetically increasing the protein content of soybeans? In this study, the linkages among the associated sectors are identified and quantified for probable impacts by sectors. The authors also illustrate appropriate procedures for assessing potential technological improvements. They determine that U.S. crop producers benefit, but corn producers gain more than soybean producers.

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