Fosu, Prince; Wahl, Thomas I. - In: Cogent economics & finance 8 (2020) 1, pp. 1-21
negatively impact US corn export. In addition, the current import price had a negative effect on Mexico, China, and the EU demand … corn. Mexico, Japan, South Korea, and the EU have price inelastic demand for US corn, while China has price elastic demand … suggesting China is very price sensitive. The results of this study have important implications for global corn trade and the US …