Economic Assessment of Changes in Trade Arrangements, Bio-Terrorism Threats and Renewable Fuels Requirements on the US Grain and Oilseed Sector

Objective

<OL> <LI> Analyze economic effects of trade arrangements, U.S. renewable energy programs, and genetically modified technology on the markets for corn, soybean, rice, and wheat. <LI> Identify risks and evaluate economic effects of bio-terrorism on corn, soybean, rice, and wheat markets.

More information

NON-TECHNICAL SUMMARY: Trade arrangements, U.S. renewable energy program and geneticaly modified technologies affect the competitiveness of U.S. agriculture. This project examines the consequences of trade arrangments, U.S. energy programs and genetically modified technologies on the competitiveness of U.S. rice in global markets. The study will assess the risks of bio-terrorism and their impact on U.S. rice markets.

<P>
APPROACH: Spatial and non-spatial equilibrium models of the U.S. and global rice economies will be developed to analyze the effects of trade arrangements, renewable energy programs and genetically modified technologies. Risks and economic effects of bio-terrorism on rice markets will be assessed using qualitative and quantitative data and models.

Investigators

Wailes, Eric

Institution

University of Arkansas

Start date

2004

End date

2008

Funding Source

Nat'l. Inst. of Food and Agriculture

Project number

ARK02026

Accession number

202027