ABSTRACT
China has undergone major policy reforms in the agricultural sector and has shifted from being a major importer of grains to a net exporter in 1985/86. Thus policy analysis should consider prospective price trends of competing products. But the food available depends upon more than production; trade in food affects how much food is supplied to the domestic market. The improvement has not been uniform and it is possible that in some parts of Africa there has been deterioration in the food situation. If soy proteins are to play the role in a nation's food supply that is economically appropriate, legal and institutional barriers to their utilization should be kept to a minimum. Another feature of the Mexican economy is the limited capacity of its transportation system; importing large quantities of feed grains imposes substantial burdens upon that system. The chapter also provides an overview of the key concepts discussed in this book.
