Indonesian Journal of Electrical Engineering and Computer Science
Vol. 15, No. 3, September 2019, pp. 1170~1177
ISSN: 2502-4752, DOI: 10.11591/ijeecs.v15.i3.pp1170-1177 1170
Journal homepage: http://iaescore.com/journals/index.php/ijeecs
The problems of soy market development in the far east and the
ways of their solutions
Alexander V. Gorlov
1
, Claudia S. Churilova
2
, Valery V. Reimer
3
1,2
Department of Management, Marketing and Law, Far Eastern State Agrarian University, Russia
3
Department of agro-industrial complex economics, Far Eastern State Agrarian University, Russia
Article Info ABSTRACT
Article history:
Received Aug 6, 2018
Revised Nov 19, 2018
Accepted Jan 25, 2019
Soybean production is the main branch of specialization of agriculture in the
south of the Far East, which is due to the unique natural advantages
associated with favorable climatic conditions for the cultivation of this crop.
In Russia, soybean as an agricultural crop has not historically found wide
distribution, which is due to the exacting nature of this plant for various
factors of production, the undeveloped culture of consumption of soy
products in the diet of the population. Therefore soybeans were more used as
technical raw materials for the production of the most important products of
its processing - oil and meal. The purpose of this study is to identify trends in
the soybean seeds market in the Far East and develop recommendations for
improving the efficiency of its functioning in modern conditions.
The methodology of soybean market research is based on the synthesis of
economic analysis and applied methods developed in mathematical statistics.
The scientific value of the results of the study is to identify the development
trend of the soybean market localized in the Far East of Russia and to
develop practical recommendations that complement the main provisions of
the theory of spatial development and institutional configuration of market
structures in the agrarian sphere.
Keywords:
Production
Spatial development
The market of soybean seeds
Transformation
Copyright © 2019 Institute of Advanced Engineering and Science.
All rights reserved.
Corresponding Author:
Alexander V. Gorlov,
Department of Management, Marketing and Law,
Far Eastern State Agrari-an University,
str. Politekhnicheskaya 86, Blagoveshchensk, Amur Region, Russia.
Email: aleksandrovna.lg@mail.ru
1. INTRODUCTION
Soybean production is a promising and dynamic direction of agricultural development in many
countries of the world. The universality of soy as an agricultural crop causes its multiple application for a
variety of purposes: food, fodder, technical and agrotechnical. The greatest application in the world practice
soybean seeds found in the production of oil, and the resulting meal and cake are used for feed purposes as
valuable high-protein additives to mixed fodders.
Studies on the functioning of the soybean market are centered on the analysis of global leaders,
which determine the conjuncture of its development on a global scale. Particular attention is paid to
forecasting gross production, sown areas, yields and prices. For this purpose, various econometric methods
and models are used that allow us to establish patterns that determine the prospects for the production and
consumption of soybean seeds (Masuda and Goldsmith 2008, Ahumada and Cornejo 2016, Arnade et al.
2017, Ruiqing et al. 2016, Mekbib et al. 2016).
In recent years, research has seen an increase in interest in Russia, its role in world agricultural
markets. It is noted that Russia is a country with large untapped agricultural potential, the use of which will
significantly save arable land and reduce the average world prices for products (Deppermann et al. 2018).