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Greg Page on Food, Agriculture, and Cargill
EconTalk
Brazil prioritizes starch production over soybeans for comparative advantage
Brazil has shifted its focus from growing soybeans to prioritizing starch production due to realizing their comparative advantage in starches, wheat, rice, and corn. This strategic shift has enabled Brazil to engage in significant trade partnerships with the US and Latin America for soybeans while utilizing their local resources to grow starch and leverage their comparative advantage.
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