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Commercialization of oil‐seed biotechnology economic implications for secondary agricultural areas
Author(s) -
Florkowski Wojciech J.,
Purcell Joseph C.
Publication year - 1989
Publication title -
journal of the american oil chemists' society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.512
H-Index - 117
eISSN - 1558-9331
pISSN - 0003-021X
DOI - 10.1007/bf02661981
Subject(s) - commercialization , agriculture , rapeseed , vegetable oil , agricultural economics , business , production (economics) , microbiology and biotechnology , palm oil , natural resource economics , agricultural science , economics , agronomy , environmental science , biology , marketing , ecology , macroeconomics , biochemistry
Progress in commercialization of biotechnology in production of oil palm, rapeseed, and soybeans has been remarkable, and the supply of vegetable oils is likely to increase. Some of the new cultivars of the oilbearing crops offer an opportunity to expand agricultural production in marginal agricultural areas, but many will cause land diversion to other purposes. The long‐term changes in the location of production will depend on the biological nature of the crop (annual vs perennial) and the future changes in demand. Aging populations in developed countries will pay more attention to nutritional qualities of vegetable oils. An increase industrial use of vegetable oil may require breeding for oil characteristics that are useful to industry.