Estimating the non-commercial-commercial feed gap in China and its impact on future world demand for soybeans
Xing, Lei
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https://hdl.handle.net/2142/14735
Description
Title
Estimating the non-commercial-commercial feed gap in China and its impact on future world demand for soybeans
Author(s)
Xing, Lei
Issue Date
2010-01-06T16:42:10Z
Director of Research (if dissertation) or Advisor (if thesis)
Goldsmith, Peter D.
Doctoral Committee Chair(s)
Goldsmith, Peter D.
Department of Study
Agr & Consumer Economics
Discipline
Agr & Consumer Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
M.S.
Degree Level
Thesis
Keyword(s)
Soybeans
China
Commercial feed
Long-term projection
Abstract
Two effects simultaneously shape the future soybean meal (SBM) demand in China: the income effect on meat consumption and the transition effect on feed usage in animal production. The income effect has been studied intensively by previous researchers, and more animal products are believed to be consumed. The transition effect, however, has yet received enough attention. This study shows that transition effect is more important in determining China’s future derived demand for SBM than income effect. Future soybean demand in China is predicted based on both effects till 2030.
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