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1978 world fats and oils situation
Author(s) -
Holz Alan E.
Publication year - 1978
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/bf02678984
Subject(s) - tonne , crop , soviet union , agricultural economics , agricultural science , agriculture , olive oil , world market , geography , environmental science , economics , international trade , forestry , biology , food science , political science , archaeology , politics , law
As expected, world oil and meal production and demand this year have been above trend, but the U.S. share of world markets has been greater than projected because of smaller than anticipated oilseed crops in Brazil, the Soviet Union, India, and Senegal. World 1978 fats and oils supplies should be around 53 million metric tons with export markets absorbing about 17 million metric tons. The U.S. 1978 soybean crop may equal or excel the 1977 crop; Canada's oilseed crops are expected to be up, and Brazil's 1979 soybean crop is expected to rebound from the 1978 level.