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International Futures Help System

Industrial Crop Demand

Industrial crop demand (examples would be textile use of cotton or beverage inputs use of barley) is driven primarily by GDP per capita and population.   Another important use in recent years has been for biofuels, and that demand component is responsive to world energy price and an elasticity.

Crop prices also influence total industrial agricultural demand.  A maximum per capita demand parameter constrains the total and an exogenous multiplier allows users to alter the total.

industrial crop demand flowchart