The Fats and oils situation

MISSING IMAGE

Material Information

Title:
The Fats and oils situation
Physical Description:
301 v. : ill. ; 26-28 cm.
Language:
English
Creator:
United States -- Bureau of Agricultural Economics
United States -- Agricultural Marketing Service
United States -- Dept. of Agriculture. -- Economic Research Service
United States -- Dept. of Agriculture. -- Economics, Statistics, and Cooperatives Service
United States -- Dept. of Agriculture. -- Economics and Statistics Service
United States -- World Food and Agricultural Outlook and Situation Board
Publisher:
The Bureau
Place of Publication:
Washington
Publication Date:
Frequency:
frequency varies

Subjects

Subjects / Keywords:
Oil industries -- Periodicals -- United States   ( lcsh )
Oils and fats, Edible -- Economic aspects -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
periodical   ( marcgt )
serial   ( sobekcm )

Notes

Statement of Responsibility:
United States Department of Agriculture, Bureau of Agricultural Economics.
Dates or Sequential Designation:
FOS-1 (Mar. 1937) - FOS-301 (Oct. 1980).
Issuing Body:
Issued by: Agricultural Marketing Service, 1954-Mar. 1961; Economic Research Service, May 1961-<Oct. 1977>; Economics, Statistics, and Cooperatives Service, <May 1978>-July 1980; Economics and Statistics Service, Oct. 1980.
General Note:
"Approved by the World Food and Agricultural Outlook and Situation Board," Oct. 1977-Oct. 1980.
General Note:
Title from caption.
General Note:
Item 21-D.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 000502965
oclc - 01588232
notis - ACS2699
lccn - 46039840 //r82
issn - 0014-8865
sobekcm - AA00005305_00037
Classification:
lcc - HD9490.U5 A33
ddc - 380.1/41385/0973
System ID:
AA00005305:00037

Related Items

Succeeded by:
Fats and oils outlook & situation

Full Text














!:... ...A
v i*PRaNT DOME S'TIC DISAPPEARANCE OF LIN E '.t
SA:'..i t A OTHER DRYING OILS. 1920-44

-Linseed oil
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TlunmG per)la, castor.
'i r- indd ofticio alls

Xi.. --

.ii. is..:r..:e. Tung oil
.Cator,
-O_ |- oiticzoo oils


A :


Per*l oil L-
' #;. *:::.: :; ': ";A :

,..0 1925 '1930 1935 1940 1945
AI tCJUr1* lRCALFas OCULT AOpaE mACror CONSrrrTION IN PAINE fAnIrsH. AND OrHER DaYING OiL PiODiCr

S M" e. r illl pl. .lIcuL.u l us*Le. Ar~lD MunrAU OP ArGICULTURAr ECONCNsIC5


4M.. ltnsldf::l.d in the United States has been unusually large since 1940 be-
iS h ratt.eof industrial production, a scarcity since 1941 of other drying
t iih: .gb rate of building construction in 1941 and 1942. In addition to the
41.tic disappearance, large quantities of linseed oil were purchased by the
41992, 1948, and 19411 for lend-lease export.
d requirements for linseed oil were .met by an expansion of mestic
u e aGnd substantial imports. But with a sharply reduced 1911 domestic
d an uncertain outl.iok for imports of flaxseed in 1945, stocks of
he tleduced if corisuimption is to be maintained near the 1944 level.


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better. MI-sersl 6 .' .... ........................... "
sfter., ,,a.. a,,w I".. ....L...z.......................... .
01ulmrurtl-, Am s Chiag e.. ............................. 4
cooula (qnitl!M d vsa. eeka t ), floa ..............
lard, looe. Chta ...... .... ..... ; ...........................
Iard. prim atem, tierme. Clbc' ............. .. ...........
larI refine, mrtsm, ObLeg ...............................
01*o il o. barol, aWr To'k .............................
O1eetearulmae, Z.,(.U. ..,.............................5....
. Ulow, diblU, ad io ........ ..............................

oIu *oil, arad, tIuk@. f.o.b. IILI ............................I
0on oil, edible rebunble Arms, 1..2., M. i. ...............
C ottnserd all, erode. take, f.e.b. 1. ill ...............
Oattseed il, p.I.y., tok. ear, 1. '. ......................I..I
SPou all, el de. teuk. f.o.b. millu ........................
SPea ll. renfed edible (white), dns, I. ............
baems all, ensd, tsk earn, idweatewm ille ...............I
Iteon IIll, eible, drIs, 1..l., I. 1 ......................

abaalm oil, take, 1. T. ......................................3I
Cecomnt il. maila, erue, bulk. *.1i.. Posile Oat / ......
Comeo *l1, meile, eude, bulk, .lt.f. I. T. 1...... .......
Coshat l mtail, refined, OMiti,, tak ewrsa e.b.l.T. 5/y
OlnT *il. Callferat. edible, drms, I. T. ....................
Palm oil, Slier. srude.dr .. T ............. .....
ape oil, refined, feature, bulk. e.i.t.. I. T. ...........
utflewer *II, ~li-refimed, tak oarl, f.eh.b T. ...........

TalloW. e. 1i im, ible, Chiloag ...............................I
Grewe eA ite. hloag ......................................
Nmbadm ell, erade, tenke, f.o.b. mltimreO ...................
Sardim oil, *rule, taak, Peaile Coast .......................
1slo oil, refined, bleached iate, r. A I. I. T.............s
Cott seed oil Ifeet, s, (50A T.r.A.) deliered, slt .......

Lineed oil, ra, tank ear, Kilamepll .......................
Linamed oil, raw, drm,. earlots. I. 7 ..................... A
Oitiolos oil, irmi, f.e.b. T. ..............................
Tug oil, rsi I. Y. .........................................

Castor oil, Io. I bbl., 1. T. ..................................
Cast oil, k. t, ta. I. ................................
Castar oil, Idehyrated, tanks, 1'. .........................
Cod-liver oll. med. U.I.P. bbl., 1. T. .........................
Cod oil, NeIfmadlad, drim, T.. ...........................

OIlyeoriL, eoply. basi 80%. da, I r tank, 1. T. ............


VOII
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19.0
11.0
12.5
13U.
15.8

10.5C
9.9

12.8
U.2
12.8
I.O
13.0

II.I
5.0
12.1
11.8
14.7


11.0
11.4
14.83
84.I
18.0
14.5

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8.8
8.8



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13.4


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m WINm (L9u42 I 100)


LLght doms tie fate ad *l1 (1110-14 C 100) ...................
eight dantia fate u oil ...................................

All fate a& ello (31 teams) ..................................
Groed by ar lmi
r1... rF l e................... ...............
briO anim1 ell .............d..............................
Vegetable oils, dmetle ..................................... I
TIegtable ell, foreign ....................................

lrw ....................................................
Butt", seasonally adjusted ...............0..................
lard ............................................... .......
Other food ft ............................. .............
All food ats ...............................................
p t ...................................................
Dryitg eil .................................................I
ILaoella9mes2 oils ...........................................
All industrial fate and dlls ...............................1


--


149 140
108 101

111 108

104 Is
lT6 18i

1458 1i
104 IS
101 S0
10 105

10U 10

117 111
ISAi 28E


Prloes I eqsid frrom oil, Paint m Drug aperr. T te iteal Prewil arw, l JIwael at CIimre (Iew ITe), ent
report at tde Wr Feod imalltnrae ma Sureamo labw r oUtIte. Prices o sted mlltde melee tesm asd Ale
tre appl leble. Inds ambers ter earlier year beglilg 110 re glan in T1eLsalI Bulleti io. TT? (1360) et
Th Fhat Sd Oil* situtim beginaig Desember 13.
SLat leti op mra t M l-s r ly. Curret figure refer Io all tfgL f olemale trmdta fr eak or herb ltLa
ertdit. !/ Three-eat preeesaecg St added to prie as wrtgmally quoted. J/ Quot Sa dram. / Revised.
8/ oamp eook. 10 pereat f.f.a., f.o.b. esemd penLt. 1 Semvted to preset baess at questa 2/ Utakr 0l

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18.5

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8.7
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On the basis of preliminary estimates -of .919444sp outtbtlm .
on November 1 indications, production of .edible.vege.tae oils .ra
oilseeds in 19g4 -45 may total about 3 billion'. omindis".'u rW"'tpoi t
million pounds.maore thanzuin .1943-4r4. SiapliBes at ardt, grease, I.
oil, however, will be much smaller than.a year earlier. Butter p'
is expected to continue at a low level in 1945. -

An increased demand for soap fats is indicated by recent 0a d 0 .:
prices of fish oils, vegetable oil foots, and lower grades :of s e :i*
resent -urchases of lard and redered pork fat by soap manuiteturer .: .. '.::'t :1.
Effective 'November 13, purchase of lard and rendered pork fat ftot *i
was again prohibited. Military requirements for soap have been esiAia; : :
considerably in recent months. A

November 22, 19 ; .::i

OUTLOOK .

BkOKC-ROUND,- With production of fats and oils encouraged .. : :.
because of expanded wartime requirements, output from domesia0 : d.
materials in the 19L3-4h croo year totaled 11.2 billion peli::.
compared with an average of 8.2 billion pounds in 1937-4-1. :
may be the peak for several years. Output in 1944-45-pro bat i.
will be approximately 10 billion pounds. The principal deol
will be in lard and grease output, reflecting an estimated :.::::.;"
25 to 30 percent reduction in the 1944 pig crop. '
Tentative Acreage Goals and Price
Supports for Oilseeds in
1945 Announced

Tentative acreage goals and Drice-supoort programs for oilseb "t., :
produced in 1945 were announced November 16 and were discussed In '." l ..M".:
November in a series of meetings in the States. Final decisionss as t-O:gosi
and programs will be partly based on these discussions The probose&.tpc. 0 '.
port prices also are contingent upon action by the Congress providing .j~iFEBi
and authorizations for carrying out the program. '

The proposed goal for soybeans in 1945 is 10,6s8,000 acres
for beans, the same as the indicated 1944 acreage. The proposed s il
price is also the same P.s for the. 1944 crop -- $2.04 for green or
beans grading No. 1 or No. 2, .ith 14. percent moisture content. 'he%
price-suppart programs would be continued.; These are: *(1) 'ontracn'
pro essors who agree to pay farmers support prices or better for sayb
(2) nonrecourse loans to farmers for properly stored soybeans, and (3~
purchases of soybeans at terminal and other elveators,




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ground or whole soybeans for feed. The price ,of. aybeans is hi
season, while soybean meal prices remain the a8me Alo, E;41BAtif
meal are more plentiful in relation to feeders' demand than .they.
1943-44 season. ''i

'Requirements of the edible peanut trade .for farmer .g. .st.Do
are expected to be greater in 1944-45 than a year earlier. wit i
in purchases of peanut products by the .armed forces.. Cohtsequeint14I;-
crushings and peanut oil production in 1944-45 may be someWhat e.s
year earlier, when the output of oil was 135 million pound
I
Low Rate -of Butte'r Output to Continue; .:..
Lard Suplies in 1945 May be Tight
"' ,. :: 'w
Present prospects are for a continued low .rate if buttee" t
first quarter of 1945. A rather, tight.supply situation iA..In Ia lix
likely if exports continue large. Total stocks of lard and ra"k'
on October 1, -as:reported by the Bureau of the Censu'si vI,.i g. ilt
pounds -- a high level compared with October 1' stocks in :$ri 14Fr .v..t
most of this lard was held by the.War Fqod AdminiR trat=i mj nwtl.;i:
help meet relief and lend-lease export requirementsin.J0t ,lt~f9 ~.a i
1945. Soep manufacturers also held a substpntii quaiity.bttrd 4ii
Commercial stocks of lard on October 1 were estimated; at. 9 m9t1n.0t.
a relatively low level... Qtput of lard in the 2 bnthe begin~iigoW
1944, probably will be r iund 2.5 bill io pouiaa ..s....ta 3e
pounds (29 percent) less ban a year earlier. :


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the spring but in 1944 it was not reached until July 1. he :!
october 1 low point also was unusually great in 1944h .Tese u Si ,
tions were largely a'result of the .record output of lard'in ith efla
the yepar and large r xrts' of lard and linseed oil in the Julg-e:efl

Table 2.-' actor and warehouse stocks of fats and.oils, ;
including cold-.storage holdings of butter .
Sept ember 30, 1943'to Septemberr 53, 1 ..

St'::: Socks on Increase over
Date
; :__ date specified _:aa.er earlier '
S Million pcou .Million .ond.

September 30, 1943 : 1,sgl 8 91 t
S December 31, 1943 ,11 133
S March 31 2660 597.
Jun6 30 : 2,710 720
September 30 : 2,327 .
-- -
Commercial stocks of2).ard ad rendered pork fat on OctobrB''. L r :'s r
estimated to have been 89 million pounds, Estimates of commercial stoli:;:.
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194 _____ ____4 _____
io. T :T House- T : House- :
S Total :hold fat: oTotal :od1 fat: : ol iqi
SHoue-, inedible House- inedible House- :inedible-
nth hold tallow Hold tallow ..hold :tallo w
S :nercen : :ecent-. e ...
Sfat and Pnd e
;:fat and"r : age ofge of
.:.ses total ,: greases total- :raee. i:
-: 1,000 1,000 1,000 1,000 1,000 1,000
: pounds pounds Percent pounds Dounds Percent pounds pounds '.

an. : 5,986 1,696 -*..
Feb. : -- -- -- 6;972 --- 14,255 ---
Mar. : --.. _i56 -- 16.063 -... f^a
'Total, .. --- 20-2 ..-5__5)._ Ol
pApr. : 7,327 .-. -" 15,783 --
-W ay -- -- -- 7,982 -- 1507 .---'
AeTune -- 64 ---- -L_- 14, 44
ot 23.95-6 ~521. 6.2 45 64 59 56.
.Uly --- --- 7,819 -- 12,52 -
iug.. 3,016 7,32 -- 12,763 --
;Sept. : 3.81 -- --- 289 -- _- 11 ...
l4. l,o 6.8I9 1/275.69g 2.5 192 2 0 419.22_
Oct. : ,821 -- 7,379 -- ..
Iov. : ,718--- -- 6,860- .- .
D.ec. : 509 -- _9.140 --- -- __
o15tal, :14,639 415,109 3.5 23.3C79r4 155ON 5.3 T

household fat salvage collections: August. -le 2Deem _er .19l -ar. Pro- dctIon
.compiled from reports from renderers; January-September 1944, OffiC 'of Pr-t
istration, estimated collections b.sed on reports from renderers and.mste '-
:,collectors. Total apparent production of inedible tallow and .greases; Comput
factory consumption, trade, and stocks, from reports of the Bureau of the Ceau
:./ August and September only.













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Amendmeutj li Yo bd orderr 42-b, iqa vmy
1lard ororenaderad pork~fait purchased a4ter'Norti~berl4 in"A
rThisa action' was take abecemse, of d Rling 0iWV lif" vt 1,or
channels.



Import controls over'fais and qil s, ',-s well -as Altar
,were. transftrred 6i November 13 from ithe rPoaio$r
Administration. This transfer was 'eif ected bieigW e
do-veru imports" of' specif iedL avgricultural- 'commoditi-es and UY .4
Irpport~s Order M-63, of the W.8 to, omit agricultural items froia th
ties subject to the provisions of that order.* Otro er p
liver oils rematint with 1PB..
Under, WO0-63, `pecific aithdr izati-n is requt f otrprlike
of 'the- following f6ts,.oils,, and, pJlsees;, Bdbas "a tp kergel*'
butter; coconut oil, and 6cpra;. cohune tuts, kernels a~nd oil; cotA
fatty acids Of vegetable, animal, or'fish'fats or .oils,; 14rd, I
pork fat; lard Dempounids aid subttituites shorteningg) linseed 611
'neat's-foot oil and. neatras-f oot stock, oleo oil ALnd oleostearin,
kernels, and dil; palm-kernel oil and palm karnills; paLe oil.._pp
peanuts, shelled, and' not "shelled; rapeseed oil and rapeseed;'be
.sarie seed munfflower oil and sunflower szeed; tillov, ed-ible and iv_
Ang oleo stock; tung oil; and'combinatons pnd mixMures, contdainig
'tablb oils9. Fish-liver ilexcept- cod-liv~er oil, remain -jubject 4
Irm orts Order YM'6
Severad fat and oil iiems were removed from imwpor.t control 64:
by on.i s sion fr on ) hs items were as f allows:z Caskorbee
hydrogenated 'or hardened oil1s and fats', lard oil; uuutnts'b
oil; olive oil, inedible,, ollve-oil ;ulphured-,V"foot's") sea 1i;, t0
kernels, .,md. Oil; whale oUl (except- sperm oil); glycerin.
Seve6ral othei fats, and. oils had, been% eatepid earlier in 191* f
-orovi sions of M-63. Th e record of -the se -changes: i s -as, foll-ow-st ##
control March 30 he=p seed and oil; iubber 'saee and boil. Re=oVyf
uine..29 cacahuananche seeds Eand oil- ,casdv,-iamt kernel. oil; oevow
liquid; corxi oil, edible, aeuaol iiiaol a oil; of Vage
foots (excluding olive oil `footslf) and soapstock; eeae611
and degras. Removed from control JulY 5 -cod, 0il* olivelbil1, 641bloo
Additions of fats, oils-, and oilseeds in-1942 to the list QO AA
to irmort control under General Imot rder 1,44 voee xoted, ftkern
Fats and Oils Situationa. Subseglent additlioeV* all In 1916, wvere,4
January 18 cacadmowtie:h oil. MzrPh 5 '. M6,chbmandhe_ seedai,1e8
rendered'-oork fat4 'lard oil; lard "compoiinds 'andsusite hyhf








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:ad or50977 300

00 41,000 0684


191 60-29, o 9 420
--1: 64 6 7 640 76
19i 60'33,9678,3 79

1916 752,1 6,117 51,'
978,g42 4i,367
-1 19 3- 886 1o.3 22
190: 492,5 oo,592 79956T
19-1 519.38 749 7,875 917162 -652-
192 : ---92 6488 30,069 1 694729 20t'
193 : .0,8 806 467,700 92 491665'44
194 : 76,2 ,6 o6,,96 g6 762 60-
195 : '726 ,9g a,0952 F6, 70)6 2, 7
: 81 174 48,lg 9.2,2795 7:
'' 927 575,,76 12,9614,66,9 -5.535S
193 : 57.2 466 54,92,0 99,581 g93$
I15 : 471,381 31,349 476,815 981,160 2i5
192 : 7753,99 4,4771 831579,6 75010.3 12013

13 465823 75P.53 ..7b,4s4 12,622 64,2- 5
1937 700 19: 500 75000 109,15 903032
ce1 9iu u9e in 2.95e p4o1.,s rep3i969

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iTOVMOR '19 44*1

Table, 9,-f Indiested pr,,O AVe l
f rom dome st I a 'teri ald e1 0,4M





Xt~tet' r,' including arm= Oct, ,5
."Zar and ren ~ereL p0ork, fat,
total Oct. 2, 29t 2.4
Incredible tallow .and greases,
t total : c.1', 2 1
t2dible tallow, 01o_4a0n,
Ol1e0 stock' and oleo Oil :Odt&. 9 19 4i7 272'
Ne -r-f oot oil :Ot
Wool grease: : -Oct. : 14 15 1
fWhrine Animal oils : July : 7 216 1
Cork oil : Oct. 186 -542.
Cdtiqkhseect Ci : 0 ,2 ,20 9
Linzeed. fsit 2:July : 494 546
Olive oil. : ovo 11 9
Peanut o il :Sp, : 174- .77
Soybeau oil'' Oct. 64 '707 1t
Tung oil : e.__4
Total W/:_33 0
!Oaeledar YeAnt
2940 1.941 '192 1
Mllb. Mil lb M11 Xb
Rputter, iseluding farm 2, 20 r 2 ,26$ ,3
lard- and rendered. pork fat,
total 2,V 3 2*291 2,6 06
Iniedible tallow and grease:
tota : 1375 1,551 1,7.41. 165
Rdible tallow, 01eostearine,:
oleo steak, and oleo oil,: 197 234 27,7 2.59
-teat fS-foCot oil 445t 3
Wool grease : 10 1 1.5
Marine animal oils : 188 221 159 1,77,
Garn oil : 159 203 248 9
Cottonseed vil : 1.,274 1,392 1,3s6 1,31
Linseed oil 2/ 81466 loo, 7;5
OILive oil 10 10,
Peanut oil,: 84 150 70 r-
Soybean oil : 533 ;96 762 1
Tung oil : /4 5
Total ./: 8,781 9,393 9-977 10,84
Compiled from reports, of the Bureau of the Census, United Statisr.'Apaktxet "I'
Agriculture, and Fish and Wilie Sevie
I/ Preliminary. Z/ Dcmestic production calculated as twtal,-Dioduction 101AW*
equivalent of-net imports of flaxseed. I/ excluding prodac'tion of -Oils not"
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