An Econometric Approach to the Analysis of Soybean and Soybean Product Markets

摘要

An econometric model of the soybean industry is used to analyze the impacts of key factors in domestic and foreign markets. The objective is to determine the sensitivity of soybean and soybean product markets to selected supply and demand shifts. The exogenous variables examined here are soybean crop yield, corn price, high protein animal units, competing oil consumption, Brazilian soybean and meal exports, and the value of the U.S. dollar.