ABSTRACT

The capacity of developing countries to expand agricultural trade is first of all related to their ability to produce and thus to factors affecting agricultural productivity. An initial observation: there is an imbalance in most discussions of global agricultural trade, which in turn produces an informational asymmetry that in turn can generate unique, and sometimes very profitable, investment opportunities. Major agricultural commodities – feed grains and feed grain products, soybeans and soybean products, wheat/wheat products, live animals, meat and meat products, and vegetables – remain the main components of international agricultural trade. International agricultural policy also affects domestic prices and, in turn, the calorie consumption of households in rural and urban areas. Export documentation lies at the heart of all international trade transactions. The documents required for each shipment will depend on the conditions of sale agreed between seller and buyer.