Econ Soy

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Title: Econ Soy

Essay Details:

Subject: Business

Author: Michael L

Date: January 18, 2015

Level: College

Grade: A

Length: 1 / 243

Essay text:

For example, identity-preserved soybeans are difficult to source because more farmers are planting genetically and modified crops to attract the healthier consumer. Also, the fluctuating natural gas and oil prices are making it more expensive to ship and deliver the products to consumers around the world. These and many other factors are forcing the soy companies to increase their prices in order to supply enough products to the increasing demand for soy protein. As the cost of the soy protein ingredient increases, the supply will naturally decrease. This means that the companies will start to make less of the products and sell them at a higher price...

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