An Assessment of the Global Soybean Industry: An Application of Stochastic Equilibrium Displacement Model

Abstract

This study uses stochastic equilibrium displacement model (SEDM) to investigate the impact on the soybean and its joint products (soymeal and soyoil) sectors of different countries and regions from transportation cost reduction in Brazil incorporating assumptions of decrease in the U.S. loan deficiency payment.International Trade, Loan Deficiency Payment, Soybean, Soybean Joint Products, Stochastic Equilibrium Displacement Model, Transportation Costs, International Relations/Trade,