The Fats and oils situation

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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_00046
Classification:
lcc - HD9490.U5 A33
ddc - 380.1/41385/0973
System ID:
AA00005305:00046

Related Items

Succeeded by:
Fats and oils outlook & situation

Full Text







BuRE!:'' REAU n-t
'. .-." UiTEO DSTAT E S D EP AR T
.. ', ....-'.


.::.:." ... .un

A::" I..:.



2.400


1;600


1.600


800


i..;.~ 0
k .: i:"


PRODUCTION OF LEADING FATS AND OILS FROM DOME
MATERIALS. UNITED STATES, 1919-45

)Lad
Lard .

/11


I


Inedible allow and greases





: -Linseed oil ,
TI
i1::" .919 1923 1927 1931 1935 1939 1943
S:1944 PARTLY ESTIMATED. 145 FORECASr
t : ". l ." i i ElTi'- F AIHICUILTURE NEG 43423 BUREAlD OF AGRICULTURAL ECONrJMICS


Production of fats and oils from doale.tic materials in 1944 totaled about 10.9
i :;:..;l:fl:,Oirt ed,. lightly more than a year earlier. Output of lard and greases was at a
i aW!!'. high li.el reflecting a record hog slaughter in the first half of the year. Pro-
dc'I:i. on of linseed oil from domestic flaxseed also reached a new peak in 1944. But
I.thii:.ese increases were nearly offset by declines in butter, cottonseed oil, and edible
:t:i'llw. In, Ifl5, total production from domestic materials may be reduced to less than
. .i ULl ion: pounds, with substantial reductions occurring in the output of lard, greases,
Inse.d oil.


ATIQN


RiE .I ,


*':: ** :;:*.


-







numbers or prices of fate and oils, December 194 and 1943, Otobe-December 19M4 ,

PRICES


a Vcaneb r 8. IBM
I 19428 1894 i Otobemr WnSbsr


Butter, 92-acore. Chi o ......................................
Butter, 92-score, sNw Yrk .. ................... ...
Cleomargarine, das I VG4.'Chicago ..............................
Shortening containing animal (at.'1-pound oartona, Chicago .....
Lard, loose, Chicago ........... ................................s
Lard, prime steam, tierces, dhi&go ............................
Lara, refloed, 1-pound eartonel'Chioago ........................s
Oleo oil, extra, tierce,'Chicago ..............................
Oleostearine. bbZ..NB Y. ..;...................................
Tallow, edible, C sia ago ....... ...................... ...I....
I
Corn oil, crude, tanra, f.o.b. mills ...........................
Corn oil, edible, returnable drums, 1.o.1., N. T. ..............
Cottonseed oil, crude, tanks, f.o.b. S.E. milla ................
Cottonseed oil, p.a.y.. tank oars, N. ...................... .
Pesnut oil, crude, tanks. f.o.b. mills .........................I
Peanut oil, refined, edible (white), drums, N. T. ..............
Soybean oil, crude, tank cars, midwestern mills ................
Soybean oil, edible, drums, l.c.l., N. Y. ......................

Babassu oil, tanks, N. T. ......................................
Coconut oil, Janila, crude, bulk, o.i.f. Pacific Coast 2/ ......
Coconut oil, Manila, .rude, bulk, c.l.f. Y. 2/ ..............
Coconut oil, nalls, refined, edible, tank cara,f.o.b.N.Y. 2/ A/
Olive oil, California, edible, drums, N. Y .....................
Palm oil, Niger, crude, drum, H. I. 2 ......................s
Rape oil, refined, denatured, bulk, c.i.f., N. Y. .............
Sunflower oil, semi-refined, tank cars, f.o.b.. I. Y ...........

Tallow, No. 1, inedible, Chicago ................................
Grease, A Ihite, Chicago .......................................
Uenhaden oil, crude, tank, f.o.b. Baltimore ...................
Sardine oil, crude, tanks, Pacific Coast .......................
Whale oil, refined, bleached winter, drum, N. Y. ..............
Cottonseed oil roots, raw, (50% T.F.A.) delivered, gEat ........

Lir.sed oil, raw, tank care. Minneapolia .......................
Linseed oil, raw. non-returnable druas, oarlot, N. ..........
OLticica oil, drums, f.o.o. N. Y. ..............................
Tung oil, returnable drums. carlota, N. Y. .....................

Castor oil. No. 3,bbl., N. Y. ..................................
Castor oil, No. 1, tanks, N. Y. .................................
Ceator oil. dehydrated, tanks, N. Y. ...........................
Cod-liver oil, men. U.S.P. bbl., N. I. ..........................
Cod oil, Newtoundland, drums, M. Y. ............................

Glycerin, soaplve, basis 80%, drums or tanks, N. Y. .............


I
I


INDEX NUMBERS (1924-29 = 100)


Eight damoetic fats and oils (1910-14 = 100) ...................:
Elht domestic fats and oils ..................................

All fats and oils (27 items) ...................................:
Grouped 2 origin:
Animal fats ..................................................
Marine animal oils ...........................................
Vegetable oils, domestic .....................................
Vegetable oils, foreign ......................................
,rouped by use.


150 142 142 142 142
107 101 101 101 101

112 108 108 10. 108

104 96 96 96 96
127 132 130 150 111
128 132 134 134 134
145 166 166 156 156


u -..r .................................................. 104 93 98 9B a
Butter, seasonally adjusted ..................................a 94 85 90 66 85
Lard ......................................................... 105 106 106 108 10
Other food fats .............................................. 134 139 141 141 141
ill food fats .............................................. 110 103 103 103 10B
Soap fats .................................................... 119 120 120 120 120
Drying oils .................................................. 134 149 149 146 149
miscellaneous oils ........................................... 117 117 116 116 116
All industrial fats and oils ................................ 126 131 181 111 151
rrrlce compiled from oil. Paint and Drug reporter. The National Proisiaoner, The Journal of Comerce (Neiw Yrk.) and
reports of tne Y.ar iood Administration and Bureau of Labor Statistiso. Prices quoted include exaoi takes and dutsll
where applicable. Index numbers for earlier years beginning 1910 are given In Technical Bulletin No. 73T (1940) Ian
The Fats and Oils Situation beginning December 1940.
/ Reflects open market sales only. Current figures refer to all types of wholesale trading far asah or haort-tIm
credit. y/ Three-cent processing tax added to price as originally quoted. S/ Quoted in drum. 4/ Revised. / Bulk,
New Orleans. / Soap stook, 50 percent f.f.a., f.o.b. connsuing point. 1/ Original quotation converted to non-
raturnable dram oasis. / Tanks only.


Cents

/465.
1/46.6
19.0
17.0
12.8
13.8
18.6
13.0
10.6
9.9

12.8
16.2
12.8
14.0
13.0
16.5
11.8
14.7

.-.-
11.0
11.4
12.8
64.9
_11.6
/16.0
14.3

8.4
8.8
8.8
6.9
11.1
/ 2.6

12.1
15.2
26.2
39.0

13.6
13.0
17.7
36.4
12.0

11.b


Cmta

41.5
42.3
19.0
17.0
12.8
13.8
16.6
15.6
13.0
10.5
9.9

12.6
16.2
12.8
14.0
13.0
16.3
11.8
15.0


11.0
11.4
12.8
62.7

16.0
14.3

8.4
8.8
8.9
8.9
12.3
3.6


T15.6
26.2
39.0

13.8
13.0
17.7
36.6
12.0

11.6


i


Ceoants

41.8
42.2
19.0
17.0
12.0
13.B
18.0
15.6
18.0
10.6
9.9

12.8
16.6
12.8
14.8
13.0
16.5
11.8
15.2

*11.1
11.0
11.4
12.8
60.7
11.6
16.0
14.3

8.4
8.6
8.7
8.6
12.3
3.6

14.3
7/16.6
20.3
39.0

13.8
15.0
17.7
30.6
11.6

6/10.0


41.65
42.2

17.0
12.8
13.8
18.6
10.0
18.0
10.5
9.9

12.6
16.5
12.8
14.3
18.0
16.5
11.8
15.8

11.1
11.0
11.4
12.8
80.7.
11.6
-06.1
14.3

8.4
8.8
B.T
6.7
12.8
S.6

14.3
15.6
20.2
39.0

13.
13.0
17.7
50.6
11.5

8/10.0


41.5
42.1
10.0

Ua.
21.0





9D.

18.8
16.8
-1*.8
10.5
13.0
16.6
11.6
16.3

11.1
11.0
11.6




14.1

8.4
8.8
.0.9
8.9
12.3
38.

14.3
_/15.
20.0
39.0

13.8
18.0
17.7
50.6
11.6

8/10.0






L A
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OUTLOOK -

BACKGROURD.- Output of fats and oils from domestie.materi.ale -I~;:I,:1.,i
1943-41h crop year totaled 11.2 .billion pounds compared with ae ;!a'il
8.2 billion pounds in 1937-41. hTis may be the peak level fort .gei' li'.'1p_0
Output in .1941-45-probably will be somewhat lees than JO -bill&ft ,
(table 9). The principal decline will be in lard and grease outpt-,' i
ing an estimated 29 percent reduction in the .1944.pi'g--arop,, -&,A
call for about the same acreage of cotton and soybeans as in I1li C'
decrease in peanut acreage, and -an. increase of 64 percent U-.fl;a1t i:A. :
acreage.

Moderate Reduction in Food Fat
Consumption Likely in 1 .... ,f:.

A decline of 2.5 to 3 pounds per capital Irotughtl 6 pGerci :
ian takings of food fats is probable in 1945,. chiefly as a rerit.
reduced output of lard and butter and'to continued. lae .led..,::
military needs., .. : ''

Creamery butter production in recent months has been .6 to
smaller than a year earlier,, and output in the first p6tlr' ed f GaRti.
is expected to continue moderately under a year earlier. Also, with
stories of butter on Janary 1, 1945 at 61 million pounds. compared wia
U... ."i


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i, n e,, s'e'' cl qumtit.
is i!61 i aly that an b e iiade


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2
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41
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recent oa n t .....I& f 4-tga lieV

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VV
cv p i'b
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a e t, ibt enou*
"n l,eascs.' VtO.cks o f i ne d-ib I e t PAcl
44, sit re-rTted_ (late,, 284 mi'TMO't PIUtl
I Of a yb
W,
t h
bA 11TAtO" 0 't
p quaiti t)r 'iMS"
I-p-rct in t6ap iii 1 4 eAinia-e&i at-`SOqt 20

jiil' so i in g: Of
,*Jl #qt 14,1argei$ akajnrSt Mam-uiwtur6r! kAw b Et s lin't i 1, "40 11 1 45, f
4,IrL 't'z 101 Tear iis A ti e ot oi* I;wi da ly" Inr ge,
h not a 4j6r,
6& 'to 2 1cvit micl


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19
at 0 4b, nO V
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8 Million po=a.s less 'I
Million p Inds, thah

& iAd&-,rIR4 in O:rt'Z Qf "SC) dp f atdf 61 j-15 6



ih
w9_leas, thL-', t)5 ug
'Phi r. *i, 1,1, I tlE 0"bx4 d *mlen rogp,13t by Ali-ed: hil
"a,* f'j, 'ral WIRS, 'pi with -re-wftr n-Qt,,Iexports of
500 'Jibn oounds nn=Jly- ITet ex-ports of







utU

Pout of, evort"Aq, rot4 Sb L 014r4 e
of total exports: of tikplcal faef e
eastern .As
Niet-ntesaeetof. Phil oip *i6 a,
war constd y pgupil, incldn 61f, ap a 0-
,the C1. "b8 of Ihs wi6 4, hig4h laude aga qdtteat SkTe e'
in the uiatf attuiis of-ea ,ha afkahr9 ElyaC th
readily-in-,cold:',4Ater A44-ts ieldfidi Stp
of margarinee and ot-her edible: fa prod~ctsf ft4PPli asa of,1c
availlable to the Unit ed. Nations have'een shokt sinpefit. J
p~riscipal prorlcinig "reas In VlelIpr_ Zas ti- Pro-war esuport a of A
.... from Btitish Malo a, 0-.oChina, t'he hi I I" ,
Tadies and other Paciffc yh
19billioa pouads outo aI w~orl ty 'lof 3.-0 10 Tlounapa *g8
A-`.The prircJipl Oouqres:o ~u Rei oilsavaf tgWth,
1p41 havbeg#SIM, ker 6e.ls g f rm rt i Sh Wext.Aae p&cp p
from eyon'.

4Ihe.Poe Saev hae bpee fei many years the lea4Ang-It
PhilippipeCO cpandcout %oil I 1934-38,L exports of hob
VUnted States: aver~age 3,39 million `pounds, anrmually, 56 perzeb
allequris.,$porips-of, copma Agth, 'Utn46d Sa q
aveage 42-mll o =' pounds angl e~qvf to' 21 hit V
67 'ercen, Ot exOV9t S of, copa to alt .,unri.C (.
1w the moot recent Dr6e-war yes, 4w~hrso ~ q
saead in the United, uttsw s ueel.in the msnuf kcture Qof sov.
im
oiti mrgrie tuAlie (aftjr1j aglya 41
'T oMl# a.- Asimilar, redemal tAN of 5 ents per p o zd o ?Vr eigm
excise taxes, in' a` -Xme~r of stitez on' margarine cnan
Rat use in miscellaneous tood products .remained substantial
Becose o ther shrp-mltin poits,-ligtly nb ove r1o
lauri 6 atid oie were imied. etensiiely :in- coafecf~i t t _o
aid some other, bakery produadti :With.,the,, et zmmp tis th iv'
Production, zubstmnt iplqunnttje a of, cocout, 011 nar 4j9ac e
i industry t

Exports, of eopra or cocomi''oillefrom the tililppipelv
to -'e resumed in volume until perhaps a year- afterr the Islbnd s ate
The phi ef d iffi ml ty w(,ill be to6 prdv Ad AA 48. i;_pi @p.
ofcag sac il dpil lrql,o, mp f iltwyOpr


ony he b~ttpmeIsad~bu A9 d ha. a a|








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Titelpre-var u tiierltchp 6 dg 1
Phili pnida 064 tho,d In the 'fedStates, ult be t
the import duty 'to ?hflipp cocolklt 'Oilt h, al
cents per pound to the costAA h'ktd he
by Philippine mills buttwould not matetidlly aff &at *fho of, a
by mills in tho tta'ted Stated,' 'lende'ipo-rti of Phlllippl#i oo
into the Vnitedi States would bp severely curtailieA, *but (q##to
of copra would be substantially increased. The duty if, extended t
oil produced. in the Phi~lippfines priob would have 1iteefd
quantity of coconut oil 'used :in" the Uqited, States. -'4

Copra. mills 'in the Philippiney would Vig seriously 7 Aff@ #%
be cau4 approximately 75 piorcent of the.coeont oil -produceai z
in pre-war years was sold ini the Vinitlhd State~s,, and most of the T,
disposed of in Philippine markets. 1/ To maintain Philippine 0%b
the pre-war level' it would be necessary to expand-&bhsntf bih bf
oil in the Philippines fivefoldl.. or to enter the Eopem&Y it
competition 7;4th other. suppliers., Burope, hoWerer, probablyw
import copra rather than oil from 'the Philippvies since' there La
demand for coprA meal ,in Elurope an well as for' onl.

RECENT DEVELOPMENTS

November 9utput of Pats an Oils
Incrmsed- Stocksl Reduced

Vactorr production of fats and oils in Xovember -19W4 wa 8
pons opred wi th 762 mill ion pounds in October an4 921 mll
November 19&,; Ctable' 8).., tie increasee ovqr October wad largely 1
seasonal~ ri;ses in output of lard~axidedible Vegetable oils. 'i
November'1943 reflected large-eutnsi.opu of.ln n 1

Production of cottonseed oil in November 19.44 rose to 191 mij,1
padwhc wats approximately the peak level, in the 1943-4 zeat
in October and November. output declined again in, ieceaie 94
to 164 million pounds, 7 percent less than in December 1943'

Soybean, oil putpu in November*1 4 was 101 million' poUnds'caq
with 89.million pounds in November 1943 anad 75 million pounds tin
Expande d s oybean pr oce s aing. capaci t in Midwesteryi Stated this soa
probably will result in a laxrge~r crush: of ;oyb~eens in the-eazlyPafo
season than in 'previous yekrs. In Oc tgber, aLn4 No~veober, h un
soybeans processed in the United Sta~t'e toae 08m Llo butwit
with 18 5 million bushels a year earlier and 15.0 million bushel's I
earlier. 0

The yield of oil from soybeans Processed -in Pcptober ahd 6U
season wa~s $.7 pounds per bushel, the same a yerelir but"
per bushel less than 2year earlier, This points to pda
oil per bushel of soybeans, cruishpd, somewhat lower than the SVerag6
pounds. for most reeen't years :bef ore 1943' 'Dutput of sdybeat &1l in 4#,
19W4-45 season may tota4 about 1,250 Million Pounds,V

1/ PageW 206 and 207, o.19, Vol,; 49 (Nov. G,, 144),, -Voui4 crops8
MArkethj Office of Foreign Agronultural R61ation sT. S. Dept. of Agrl4








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th, 194 Oof asadOl

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oi

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t ee $ft ers, per tour6r
toUite 4Stte te tori
other war following the ya f nc
21 Prli~ihLry.




on ]I
I., 3-MI9
minef pmd im192.Th geatz 1euaion, n hewW
wer in1481ed l: lrd'A4 rncl*&
0 (93: il'l~n p
millon nd horea g (4ni!












It
M E 5, '44 0
ow"t j 4
ovaOravk







SReserved. for 411itat Fuhass

Var. Food, Ordor 100 waa amebd4R&Jionary 1-4 (to authoriss
.0n the disposition .of all, types, -of 1d, p bugs
Xequirements, of the fthed forc-es. Brveioual 'hi antd a
only Virgisia type shelle& peanutse'b Vadai'tba new amenlmegvol @
was issuedd, 'efeci4aurg ttig ;ygt, abellerw to, sot
peaxgts to f.3J 1 Ay and Navv orileri TOqa, ite toa b*`e'l
sheller Were A.s follows: SpsUt Ggaggy o
morlit of the quantity of this type and grade A~ptnJaq
ad-ut ional. 550 Ipovnds for each ton of spng~~ea~tocQk
inventories on Januar7-1 or purchased thereaf ilk pg
1o.1 gracle P- 5.percent'of the quantits, oA.E_jaX uigry~l 1,,
50powns o each ton of. Runner t~yO farmertq-l iqqek,qA 1in
urased the- afterl

NO formal set-aside order is. in eecfo rgikia tg
However,* arrangements wit h sellers for meeting the requirements-
and Navy for this type were made lp al\,0mgiyGai

21aXseedlTg Oil. Orders Triae

War Food Order 94 was revoked December .110 49449, Sllxid~
1944,, this order had prohibited shipment~affdomestic flaxse6& 0",
seaboard or -td other kreastwherre the',dozestid crop:.normally'is

Restrictions on use of tung oil, suspended. sizqe deptemmber
were definitely terminated by the revocation oX-VWt- 39 ,on becom

PecificCellingsExtended to'Reftimed
0L.ils.at Additional- Tjoc iohe*l .to
'Olive Oil intail Containers,

Specific, price ceiling or'.refinpd co ttonseedeat. p
oils were establi shed:.at 61 additional traaigpint s6 by'Amehda edt
'Maximum Price Regulation 53, effective Decembe 19,* I94 hs
are :Birmingham, Dothan, and Enterprise,- Alabama- 'Opejoasas jLou -'
Detroit, Michigan; and Wichita" Kansase

,Amendment 39 to HPR,30"(ffeetiv Demr.2,144 .,
maximum prices for producers' and packers% sales o f 4 1oAes13tI i- 499EE z
olive oil in consumer-size containers.. F 'iosly, these max VW c1-
culated as the highest. price received, during. March.1542 afapr
pfcker for each container size and brand name. Thene -C li-4g
the average of the PreviQu,* maxim) 9. Maximum price: s, r-elive
tank cars, drums, or other-wholasale contaX:Xers, were. rqt af fac tea da
amendment-,














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8ob oil ..97.. .... ..: 7

%ta iI e .be v.get.aI eoils 303 2..7- .0


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Ta4le 10.- 10&ory'fxdvtgps.tcsD pcfe fatash
oilg, crude bazio-, Febr3,14
!S tember, 0 -and Oct&e 144
Items grouped Yy ov. 3Op~v 30,: V


-7od fratg and oils.
Butter 1 ............ 7 188 103 1
Lard. and rendered! pork f at ........: 2.1 160.3 518.g 4
Oleo oil .... ....,. 3-3, 4-5-' `109
Stearine. anima13 edible"......i 28 82 1
Tallow~edible ...........: 60 1,0#0. .4
Total,, edible animal fats ......: 120.1 W.8 98
Corn oil 2/ ....... ....... 32.b T7 .1 20.3 1
Cattonseed oil J2/.......... 4.37,.0 37,-4 2. 22 2'
Olive oil, edible .....,...: 6.o .2.2 21
Peanut oil 3/.......... 11 46'.'2 05
Sesa e oi .. ............. .1.
Soybepn oil 3f .............. k117-0 17 -0 203
'Total edible vegetable oils i.. 613o 62 .0 1 4
gpoa fits qnd oils-
Greases, eixcluing wool grease ... 99 77.3' 156 3 `1
Tallow, inedible ...........: 2154 130-9 61. 1e
Palm oil 2/.............. 87-9 6,
FiPOP*-l ............. ...L.: 136.9' 131, 6 12 0 1
Marine mammal oil V......... 59,8 .62.3, 5o0.2
Olive oil, inedible and foot s ... 121.0 V' .2
Total' slow-la~thering oils 6... 11- 2i. 5b.
Bab as su oil 2/ ....... I.........: 12.2 5-i9 5. Ilk
Coconut, oil /........... 15. 3.4 105.9
Palm-kernel oil 2 ............ 1 6
Total, laurio ncid okils....: 111. 1
Drytng oils
Castor oil, dehydr at ed 8 .......: 9. 0. 12 1
Linseed oil ............:291.2 261*3 3106
Oiticica oil ...........: 7-9 6.5 4.7
Perilla oil ...... .....: 2.4 *6 3
Tung oil .............: 2 29.1, 23-6 '..24
Total, drying oils .....5.Q U i 50 ,
Other industrial
Feat's-foot oil ........**.. .* 2. .]4 26 2
-Woal grease ...............: AA -. 37
Cad and cod-liver oil i ........: q.,4 12 12.9 1
Other fish-liver all ...........: 29e, .
SCastor-oil, Yo 1. Pnd No-, 3..... 13.1 50.9
Rcepe oil wq ...... ... ............: 15-7 2 .
Other vegetable oils J ....... 25:.6.' 6
-Total ......... .. .. .. IWO 80
Gr and total ...._.....l1 02,032.2 2
Compiled from reports-of the Buresu- o f the Cenmss; except better, a
trationo. .Grand total qomputpi from unraandedl aumber,9. Italua6s' sto
Government,
1. Cold-storage stocks 2/Cue plus refined converteclt orudi4 bla
by 0-93- 31 Orude plus refined converted to, crude b asisa by Uviding
Refne only 5/ Yo hw oaoddsl'ur fidvda pq





























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00.0

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World Total ....,....,, :.,74b 1,T75.4 543.0 1' 9.4
Compi-led from-International Yearbook .of Agricultural Statistics T.193i- iaa
Report of the Insular Collectgr of Customs, Philippine' -Ilalnds.:' "il 11 !
apd total (in terms of oil) computed from unrounded nurfbers. -
/ Partly estimated. .... -
S F et imports : .... .. *
7 Less thal 50-,000 pobuns. : ,!
J Includes British Too land. ..
Average 1936-3. .
SBabassu kernels (oil equivalent, 63 percent). :::'::

Table 14.- Prices rece&vet by.fe~mers and prices at terminal'f est
for specified oil-bePrin!- materials, feeember 1942: f :.l
1943, October-December 194 *
December I---....--...--..ec. ..r.... -.
Item Unit : Deceaber t
S._ __ : -Ti*: -1942 19z U:ctr..-t_ .
.: ollara Dollars. Dollars'
Castor beans, Brazilian, : : '
f.o.b. Brazilian ports ...... Lpng ton : 75.00 759o.: .-6'-.:bo ;;- :
Cottonseed, United States : .
average ......'..............: Short tons 4-.12. 52.60 52.70 53 1i. 0i
Ilaaxseed, No. 1, Minneapolis..: Buihel .: 2.56- 3.'G3 3.10 3.2 :l t'
: 'laxseed, Tnitea States' .... .
Average ................... 2.37 2.85. *290
'Peanuts, No. I shelled, : : '2 -''
panish, Southastern
s. shipping points .............:100 pounds: 1.i6 ..-.4.25- 14.25
iPeanuts, United 'States :
average .....................: 6.1 7l : 7.
iSoybeans, United States : .
average ...................: Bushel ; 1.59 11
SCompiled from Oil Paint nm Drug Reporter, .Chi cao .J-iurn -f e'
SMarket Record (Mlnneapols).- and reports.of the Bureiu of-ArcnltI::;
]:i![ S ybea s, nite St tes .:.... .. : : : .....
S .. i
I Oopldfo i an C eotr,.h e gUn ..f.q I











..1 I
- HILI-PPINE
ISLANDS
AREA OF
:rCOC6NUT TREES
IN CULTIVATION


. 1938


I 5IA UTE I"LE I
BORNEO a,, 1 -0 .0
: d. ,LOME I EMS
: .. .... -i
DATA FROM THE PHILIPPINE BUREAU OF THE CEISUS AND STATISTICS
117 III' 1 4o20 Il I" a3 124 15 126 ItI
S. B DEPARTMENT OF AGRICULTUPIE LNE 45077 BUREAU OF AGRICULTURAL ECONOMICS


Nearly all of the coconut groves in the Philippine Islands are south of the lati-
tude of Manila, with the .greatest concentration in southern Luzon. Copra is prepared
Slocally aWd before the war was shipped to collection centers, mainly Cebu, Manila,
Legaspi, and Zamboanga. These were the principal exporting points for copra. Substan-
ial quantities of copra were.crushed for oil at Manila-and Cebu, and about 80 percent
of the .o l: produced was exported. In. 1940, 754 million pounds of oopra and 410 million
pounds- of coconut oil were exported from the Philippine Islands.




UNIVERSITY OF FLORIDA

SIII111111|HuH fl111111
24 3 1262 08905 1501
Table 16 .- Wholesial prioe per pound of fats, oilI, ead glyertl a t speciLied markts, prison at terminal arhkets -
for ol-bealrug materials, and average price received by ftaers for olieseas 19S44.

itm '.1939 I*n 'u 1 141 '' lea l'i"
I------- n I i l -i ::.:-


Butter, 92-scor. Chicago .....................................
Butter, 92-acore, Ha York .............................*.......
Oleoaargarie, dom. veg., Chicago .............................
Shortening containing& anial fat, 1-pound cartons, Chicago 2/ ..8
Lard, loose, Chioago ...........................................
Lard, prime steam, tieroes, Chioago ............................
Lard, refined, 1-pound carton, Chicago 2/ .....................
01*0 oil, extra.. tierees, Chicago ..............................
Oleostearine, barrels, Nuw York .............................. .
Tallow, edible, Chicago .......................................

Corn oil, crude, tanks, f.o.b. mills ...........................
Corn oil, edible, returnable drums, 1.0.1., Nw York ...........
Cottanamsd oil, crude, tanks, f.o.b. S.E. ills ................
Cottonaeed o1l, p.a.y., tank carr. New York ....................
Peanut oil, crude, tar.is, f.o.b, S. n c "ils ...................
Peanut oil, refined, edible (white), drums, oew York ...........
Soybean oil, crude, tank cars. midwester:. :ill ................
Soybean oil. edible, Qr. s, l.r.l., .ew York ...................
Sunflower oil, aeml-reflnea, tank core, Ne. York ...............
II
Babassu oil. tanks, Now York ............. .....................
Coconut oil, tnlla, crude, tanks, f.o.t. Pacific Coast 6 .....
Coconut oil, M nila, crude, tanks. New York 6/ .................
Coconut oil, iwaill, edible, drumsa, ~ N York ..................
Olive oil, Imported, edible, druas, ew York ................
Olive oil, Callfornia, edible, drums, New York .................
O11ve oil, inedible, drums, New York ...........................r
Olive-oil foots. prime, drums, New York ........................
Pals oil, Niger, crude, drums, Ror York 6 ...................
RMpe oil, refined, denatured, drums, ReYork ..................
Rape oil, blown, drume, Ren York ...............................
Tesseed oil, crude, drums, New York ............................

Tallow, No. 1. inedible, Chicego ...............................
Grease, A shite. Chica6o ......................................
Ibnhaden oil, crude, tanks, f.o.b. Baltimore ...................
Sardine oil, crude, tanks, Pacific Caest ......................
Sperm oil, natural, drums, Nae York ............................
shale oil, refined, bleached winter, drums, New York ...........
Soap took. 60 percent 2.f.m., f.o.b. consauain point ..........

Liaseed oil, rae. tank care, inneapolis .......................
Lineed all, raw, nan-returnable drums, oarlots, Neo York ......
Oiticia oil, drums, f.o.b. Now York ...........................
Perilll oil, drums, New York ...................................
uag oil, returnable drums, carlots, New York ..................

Caetor oil, No. 3, barrel, lew York ...........................
Castor oil, No. 1, tank, Hew York .............................
Castor oil, dehydrated, druma, carlots, IHe York ...............I
Castor oil, dehydrated, bodied, tanks. New York ................


R. 6 Its
a&.# 40.1
U6.S 19.0
13*. 17.0
8.0 11.8
8.9 12.9
10.1 14.6
9.?- 12.9
9.0 10.6
.71 V 9.8


I


Cents
Conf
"I4

6.0

6.0
6.4"
7.5
8.0
6.8
5.6

5.9
6.5
5.6
6.6
5.9
9.4
4.8
7.4


6.4
6.1
6.4
8.6
26.3

12.9
7.8
7.0
11.6
15.0
10.5

5.1
5.2
4.0
4.1
8.3
8.5
1.5

8.8
9.3
15.0
11.7
21.0

9.5
8.8


26.7
29.6
14.8
9.1
6.0
6.4
6.4
7.1
6.0
4.6

5.7
8.2
5.3
6.2
5.7
6.8
4.7
7.2


6.0
8.6
6.0
7.8
_/32.0

19.5
9.0
7.2
14.2
17.4
13.5

4.1
4.2
4.2
4.9
9.5
9.5
1.4

9.0
9.7
16.9
18.7
26.3

11.7
11.4
15.6


-.aS.

179 1.0



1 .18 1 ..0

I .r- ... ..
&c.. 20.
* .i "..i;i il **




34.0 4t '
15.0

11.3

14.1 ,.


Cod-llver oil, med. U.S.T.. barrels, Now York .................., 12.1 25. 535.2 U.
Cod oil, earfoundlnld, arus., Sew York .........................: 3/ 5.3 1b/ 8. 9.9 11 .r ...7i3.i '.i

Glycerin. soaplye, EO percent basni, tanks, .New York ........... 7.8 7.8 10.6 1' U1.65 11.1 s.5
Oil-bearin materials 1/ Dollars Dollars Dollars Dollars matr.
Soybemsn, o al. Chicago, per bushel ................. .92 .86 '1.19 V 1.80
Flaseed. Ho. 1, Minnelpolia, per bumnel .....................a 1.04 1.79 1.88 2.47 a. '
Peanuts. No. 1 shelled, Spanish, Southeatern shipping a '
points. per 100 pounds ...................................... 5.41 5.31 6.60 12.03 14.T "II
Castor beans, Brallian, a.& f., New York, per lonc ton ...... --- 53.84 66.06 5985.6 -
Castor aeans.razillan. f.o.b. Bresllian points, per lamb ton -- --- --- 1f.00 76.l l
Copra, begs, f.o.b. Pacific Coaat. per 100 pounce ............ 1.89 1. 8 1.4? .yi

Prie received by farmers 1/ .
"Soybene., per uhl ........................................ .77 .5 1.22 :1.6 1.70
Flxaseed, per bushal ......................................... 1.60 1.60 1.66 13.27 2 ..
Cottonseed. per ton ......................................... 22.17 26.51 55.04 44.41 48.'.
Peanuts, pe. 1.3 pounds ..................................... 3.41 5.45 4.01 5.82 I.9 -"
Compile from Oil, Peint and Dr Reporter, The National Provitsoner. The Journal or Coceroe (lMe York), and i-rpWin f o'
the War Food Administration. I/Reflects all types of wholesale trying for cash or short-time credit. Freawlia me llrs''i
refer to open market sales only. !/ Reported nl Lube prior to July 1O40. / Average for 10 mBths. 4/ kA ge fOr 9 ..I
months. average for 5 maotlh. / Three-cont prooessing tax added to prTce as originally quoted. / IverLae for 1 !
months. Basis e.l.f. bulk after July 25, 1964. 194I averm&e for 7 months, June to December. B/ .l.. bulk.: : :
average for 6 months, August to December. 1/ Tank oar,. f.o.b. New York.. 1942, .nerage for 5 monthe' Iugut s to I
1/ Averafg for 8 months. 12 C.I.A. New Yo-rk July. 2, 1B42 to Ootober 1944. Beginning Novebenr r 1944, a.i.f. bulk, .
N ew Orleans. 1942, avergegTor 5 months. August to December. la Cattonseed-oll foots, rmr (60 percent T.F.A.) "
delivered, East. 1943, enerage for 10 months. 14/ To convert to baeis of non-returnable dria. 0.5 "a&t pet pamLS
been ddead to original quotatlono. Average for 7 months. /. Simple average of monthly prigea. / avraw
6 months.


10.0
13.0
9.5
10.5
9.7
13.2


8.4



9.4
11.9
62.6
116.9
45.1
15.1
9.7
14.0
17.4
22.3

7.2
7.3
6.8
7.4
10.8
10.3
2.7


12.7
16.1
12(7
11J.
13.0
/16.8
11.6
14.9






66.3
61.9
15.6
55.6
19.8
11.S
16.0




9 N
B.8
8.8
12.2
11.1
6S.


9.7 14A<1
10.7 18.#
20.2 25.6
20.2 246a
32.2* 59.1

11.1 13.6
10.6 12.9
15.2 18.3
17.4