Selected simulation results showing effects of diversification by origin
| Model scenario | Simulation mean | SD (Risk) | US share | Brazilian share |
|---|---|---|---|---|
| Base-case | $211,848,219 | $161,369,438 | 35% | 65% |
| 25% Tariff on US soybeans | $245,659,731 | $172,325,758 | 25% | 75% |
| 100% from Brazil | $341,243,451 | $161,417,977 | 0% | 100% |
| 100% from the United States | $503,117,345 | $70,975,165 | 100% | 0% |
| Model scenario | Simulation mean | SD (Risk) | US share | Brazilian share |
|---|---|---|---|---|
| Base-case | $211,848,219 | $161,369,438 | 35% | 65% |
| 25% Tariff on US soybeans | $245,659,731 | $172,325,758 | 25% | 75% |
| 100% from Brazil | $341,243,451 | $161,417,977 | 0% | 100% |
| 100% from the United States | $503,117,345 | $70,975,165 | 100% | 0% |
Source(s): Authors’ own creation
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