August 13, 2025

The Effect of Soybean Prices and Chicken Meat Prices on Soybean Imports With Soybean Consumption as an Intervening Variable 2002-2023

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Analysis reveals significant effects of soybean and chicken meat prices on soybean consumption, suggesting implications for food security policies.

Soybean prices and chicken meat prices significantly impact soybean consumption, indicating a complex relationship between these commodities.
The indirect effect of soybean prices on imports is 0.18 units, while the chicken meat price's effect is 0.19 units based on the analysis.
Utilizing Structural Equation Modeling, the model demonstrated strong fit metrics including CFI of 0.99 and RMSEA of 0.03, validating the findings.
Stability in soybean and chicken prices is crucial for reducing import dependencies, highlighting the need for integrated policies in the food sector.

Amelia et al. (2025) studied this question.

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Analysis reveals significant effects of soybean and chicken meat prices on soybean consumption, suggesting implications for food security policies.