Soybean, Corn: Impact, Emerging Markets, Trade Flows
Classified in Social sciences
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Fundamental Factors Affecting Soybean and Corn
Modified fundamentals affect soybean and corn. Originally from the USA, they currently cover 8% of the cultivated area in the world. They spread to developed countries with serious and uncertain social and health consequences. The largest producers are the USA, Canada, Argentina, Brazil, and China.
Implications
- Environmental: Loss of biodiversity, deforestation.
- Health: Uncertain global consequences.
- Economic: Dependence on purchasing seeds and herbicides from multinationals, impoverishment of small farmers.
Emerging Spaces (Characterization and Delimitation)
- High global importance (share of GDP): The majority are within the top 20 of the world's largest economies.
- Rapid industrialization.
- Increasing participation