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_00052
Classification:
lcc - HD9490.U5 A33
ddc - 380.1/41385/0973
System ID:
AA00005305:00052

Related Items

Succeeded by:
Fats and oils outlook & situation

Full Text




THE U.. DEPO '

... ...... SIT A FO
BUREAU OF AGRICULTURAL ECONOMICS \
UNITED STATES DEPARTMENT OF AGRICULTURE' k,.,
I~l*~: V*' 42 IJANUARY 191 4


WHOLESALE PRICES OF EIGHT DOMESTIC FATS
AND OILS, 1910-21, AND 1935-43*
INDEX NUMBERS(1910-14=100)


2Zo


S140


110
::' I:":%


1935
1910


1937
1912


1939
1914


1941
1916


1943
1918


1945
1920


*BgTTEI. COTTONSEED OIL. AND LINSEED OIL. NEW YORK: LARD. TALLOW (INEDIBLE).
GREASE. OEO OIL. AND TALLOW (EDIBLE). CHICAGO


SrnrauTE U F AMnlCaLTirun


NEG. 39332 BUREAU OF AGRICULTURAL ECONOMICS


!irineale*prices of domestic fats and oils were mostly at ceiling levels throughout 1943.
ir ill-yI delffi in the iadex reflects a reduction of 5 cents per pound in the maximum price
i ll rices r .of lined oil rose moderately in early 1943 but were placed under ceilings
iEi 5~.i 4 I14ln, cittinmed strong civilian, military, and export demand will maintain prices of
N~a; 4lt1 at or ;near c ailig levels.
: '.: '' : j "i









Stbli 1.- wholesale price per pound of fate and olsl at speotfied markets, and index
t I numbers of prices. December 1941 and 1942, Ootobr-Deomber 1946

f PIC0s


Its


a tmense
Butter, P2Qa6ore, Chicago ...................................... 1/4.6
Bucitr, 9?-saore, New York ..................................... 35.0
Oleremrgerlae, dom. veg., Chicago ............................. 18.1
Compounds (arimal and veg. cooking fats), Chicago ............... 16.3
Lard. loose, Chioago ........................................... 10.2
Lard, prime team, tierces, Chicago ............................ 10.0
Lard, refined, cartons, Chicago ................................ 12.5
Oleo oil, No. 1, barrels, New York ............................. 12.6
Oleostearine, bbl.. N. Y. ...................................... 10.8
Tallow, edible, Chicago ........................................s 9.0

Corn oil, crude, tanks, f.o.b. mille ...........................s 11.3
Corn oil, refined, bbl., N. T. ................................. 14.9
Cottonseed oil, crude, tanks, f.o.b. S.E. milla ................ 12.0
Cottonseed oil, p.s.y., tank oars, N. Y. ....................... 13.1
Peanut oil, crude, tanks, f.o.b. mills .......................... 12.1
Peanut oil, don., refined, drums, N. Y. ........................ 15.9
Soybean oil, crude, tank cars, midwestern mills ................ 10.1
Soybean oil, edible, drums, I.c.l.. N. Y. ......................s 14.5

Coconut oil, Manila. crude, tanks, f.o.b. Pacific Coast ..... ---
Coconut oil, Manila, crude, bulk, c.i.f. N. Y. 2/ .............. 12.2
Coconut oil, L1anile, refined, edible, tank cars,f.o.b. N.Y.2/ --
Olive oil, imported, edible, drums, N. Y. ......................a 74.8
Olive oil, inedible, drums, N. Y. .............................. 54.8
Olive-oil foots, prime, drums, N. Y. ........................... 18.2
Palm oil, Niger, crude, drums, I1. Y. Y ....................... 12.4
Rape oil, refined, denatured, bulk, a.i.f., N. Y. .............. 4/15.2
Sunrlacsr oil, tank oars, f.o.b. N. Y. ......................... ---

Tallow, No. 1, inedible, Chicago ...............................a 8.E
Grease, A White, Chicago ....................................... 8.7
Menhaden oil, crude, tanks, f.o.b. Baltimore ...................s 8.0
Sardine oil, crude, tanks, Pacific Coast ........................ 8.0
Whale oil, refined, bleached winter, drums, N. Y. .............. 11.1

Linseed oil, raw, tank cars, Linneapolis .......................: 10.0
Linseed oil, raw, drums, carlots, 1. Y. ........................s i10.4
Perilla oil, crude, drums, N. Y. ............................... 22.8
Olticice oil, drums, N. Y. .....................................a 22.8
Tung oil, drums, N. Y. ......................................... 36.4

Castor oil, No. 3, bbl., t:. Y. ................................. 12.5
Castor oil, No. 1, tanks, N. Y. ................................ 11.8
Castor oil, dehydrated, tanks, N:. Y. ............................ 16.0
Cod-liver oil, med. U.S.P. bbl., N. Y. .........................a 38.0
Cod oil, Newfoundland. drums, N. Y. ............................a 10.5


I December i 19M
a 1941 a 194 B October Norember


INDEX NUMBERS (1924-29 100)


uents
45.8
46.6
19.0
17.0
12.8
13.8
15.6
13.5
10.5
9.9

12.8
15.5
12.8
14.0
15.0
17.0
11.8
14.7

11.0
11.4
12.8
58.4
51.2
19.0
12.1
4/16.0
14.3

8.4
8.8
B.8
8.9
11.1

12.1
5/13.0
24.5
25.0
39.0

13.8
15.0
17.7
36.4
12.0


ents
41.8
42.5
19.0
17.0
12.8
13.8
15.6
13.9
10.5
9.9

12.8
15.5
12.8
14.0
13.0
16.5
11.8
15.0

11.0
11.4
12.8
71.5
55.3

12.1
16.0
14.3

8.4
8.8
8.9
8.9
12.3

14.5
15.3
24.5
25.0
39.0

13.8
15.0
17.7
36.5
12.0


cmas
41.6
42.8
19.0
17.0
12.06
18.8
16.6
13.8
10.5
9.9

12.8
15.5
12.0
14.0
13.0
16.5
11.8
15.0

11.0
11.4
12.8
71.5
55.5

12.1
16.0
14.53

8.4
8.B
8.9
0.9
12.3


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

All fats and oils (27 items) ...................................
Grouped b arigtni
Animal fats ..................................................
Marine animal oils ...........................................
Vegetable oils, domestic ..................................... a
Vegetable oils, foreign ......................................:
Grouped ay use:
Butter .......................................................
Butter, seasonally adjusted ..................................
Lard .........................................................
Other food fats ..............................................
All food fats .............................................
Soap fats ....................................................
Drying oils ..................................................
Miscellaneous oils ...........................................
All industrial fats and oils .............................. a


118 150 142
84 107 101

93 112 108

80 104 96
118 127 132
117 128 132
149 145 157

79 104 93
71 94 90
76 105 105
1186 134 139
88 110 103
121 119 120
112 134 150
106 117 117
117 125 132


Prices compiled from Oil, Paint and Drug Reporter, The National Provisioner, The Journal of Cammroa (Iw York), and
reports of the War Food Administration and Bureau of Labor Stattistlo. Prices quoted include azoise taxes and duties
where applicable. Index numbers for earlier years beginning 1910 are given in Teohnieal Bulletia No. 757 (1940) mad.::
The Pats and Oils Situation beginning December 1940. i4
: Reflects open market sales only. Current figures refer to all types of wholesale trading for oaeh or
credit. 2/ Three-cent processing tax added to price as originally quoted. /Tanks, I. T. / Quoted i .
5 Converted to present basis of quotation.


,..L \


A.U

13.0
19.0

12.8B


1.:4



16.6
15.5




11.0
12.8
14.0

16.5
11.8
18.0

11.0
11.4
12.8
71.5
55.5

12.1
16.0
14.5

8.4



8.6
8.9




8.0
12.5
16.1
24.1
26.0
39.0

18.6
13.0
17.7
36.1
12.0


~I~_ I_ _L __ __ ___

























ofor
Otis lcal %Iedelsore








1-13
-erices aduld by suPpoed'

lited aipoli;prioes t.o
risdiaea ~ ~ ~ pe to$.4Rrbse t o_ eli*fory pqhe t zjfner, grg and $



r 4tag aof sound Iernels,*Th
theSupor Pi4._,PrbTA, s.toencourwg fome~rs, to reachth

Y, a-w~ed, h4 .atAbe m time tostabilize


AAAlU from dozesti c matel in F,

1944tayb e, aut 1. b_ -pondscappared -with 10.8 9 itI~j
i n 03'.Stocs' o Jwm* wep, odertely' higher'laa



af, men AILce th fros`lto








will bexpad. Alxptnfts"PT.Iits aAnd oile aelndlsjk
-rle r'qrm i
increase moderately, =d.Eumpoe e e a nts f
ends in 1944,.:probably mould add to -the deinand for Aomelea pl
Increased production of fate f 3 Appwed44e~t4*vteal Ai

imports, in late" 1943hr-bm~a oa~sisteqtato n
that existed at the end of labt iammer. The izjprovembdt-'hias
entirely, however, ii.-lindted 101A iiein tscnc! aad~
food purposes. The rplati ve 4 LCar.CtyWofood` fate remains k
to continue throughut 1944. Linoeed oilv which is i". fairly- ab
can be aftopted for edible use. Substeakial _qiai~ties'of thi4
will be exported in 19V asi 1 -,to Oet, Rusia rquir6"441

fats.
Production of lard, including rendered pork. fat, liaj at -a,
October-Decemiber 1943. Output In federally'inspected-plants u
Million pounds., and no ni napect ed prooduction- is a-eatlmdted t> a

300 million pounds Disappearance. Of. lard ago, was.at ahg
October-becembera, Expo rt s and use in manufactured products:
were large, and civilian consumptioun.was encouraged In PDecember b
ration point value* Despite the record ouitpt,4, oold-storage ato,
and rendered pork fat declined-35 million pounds dring: the: on0%

quarter
Changes in wholesale prices-of fate VAd offs in, 1943 were 'S
three exceptions* Butter prices declined. 5 cents pve'Vbyund in ...
result of a reduction in ceiling prices. In the first f ew montb*f

prices of' Oalifornia alive o41 rose about 9 cents e; pound- to the,-
Ideand prices. of liinseed oil increased abut, 2 et epor n
prie er irt stlshderlns t~n)ay A 11









j b6




antuary 27.,, 19
a
po 101

41, 0 do wpsti q o I crojnia waz eiicouragec
in 't)io,1942, crop yeax,
-Ilion--0oun'dS, WX per-
--po-PPotoi -141 helam Y,
!1Z the vr*v Both domestic and expaxt
loUA -Yeat
3 'also'bauab&j and'meagures were',takezi b 'mn-l
W
POdl4tlon Was again Qalc*uraged

9ain of
4, prosent ir4i6ations poihtto a furth
per'oa4t) 'over, oat ut In the. 1 2 CT

JA,
Uvel Jn October'DOc6mher
"CkA erall ns
tion of lar4 and tendered pork fat in ia y Potted,
in Decem.
-4er, 1943 amounted to 260 million pounds Cobpar ed, W! t h
lion po, '&s in
,11A po=ds it Nov=ber azd earli er peakS of .21g mil
4- and Towaxy i inspect eii output n 0 ct r4 ac b
9*P4. e 'em qt
'millidn pounds. With noninspect-ed pro duetion in th s a 3:nonths
94L- *t TOUghlY 300 '1illion, Pounds,, to tal, output in thd Unit e'd ,states
wae in t)7e nbighborhood'of ounds, a record high le-Vel-L
411ion hogs wure sla'aghteredAri, Optobe*,,De,'emberv valent-,'11.-`4
,28,percent of the pkg-crop after all6wance, for death
er i ii J4nwy 1944 was at 0out. t1w Deioember:4,atei

the, 4igh liivel,of I productlong pol&-%torage, r, q*%, dt:143d:,
'K, 35 'million pq.undi in Otober-''Decembei-.' Disappearance of larA iftto
pMJnfiP.-aly forl,5oapo was at a new peaky:probably
10Q million -peun'U, mmpared'tvith 94 million pounds in tfie entire
evpits, wer' latge* Disappearance into civl:Rm
in Dec6iber-b,; a lowering of the ration-point value
caWared-vi`thj4-`p ut vlue of fivefo othetsharteninga.
pi L j r .. 1 11
or-,Wte 6to,ko of IArd-, iUd'r mdered po rk f at 'o n anuary. -1 1944 totaled
J"111,44 co)qpai-ed with % -millioia ds a year earlierlj* an& a
2) raillion pounds

*iou olf tz and Oils Jil--reaso-11

Xb derat RJ.Z

tot4 fac'Wry produatio'n of -p ri mary f at s anA oils in kove*er,-t qP-44
Potd44,4 LVW 'K3 Mi-tilionponn4r. greater that a, moatli' esxlier 6abje G).:
'of -epted lax-4 ialzreaserel 63 million', pounds t f acto x?
af4 ineAible talX0w';pknd gre:vPe% was ip 16 million Po=d6l., knd ov
4































S Bureau of Agricultural Economics for the tfitt tiae i Wi .enuri,
S crop from the bloom of 1943, now bei-g-harvested san crishedi, I`.44"
S at 9,300 tons compared with the preceding ,'rop of 16,3:j0 iaB
crop was severely damaged by freezes last spring. Production'' e o
in the United States in the calendar year; 194 probably ll :bet
million,.pounds compared with 5.2 million pounds in 1943, bhi4i.
made on the basis of the average relationship between, produtie 4i
S and output of oil in the cro. ybars 1946 to: 1942'. :
; .* I .. .. .
Table 2.- Production of tung ants and oil and oitput at ol h
i'.. per ton of nuti produced, cro years 19 9 ;; .
.... .' ,, .' :. l..
Year : Pr9duction T gnute Po
beginning : of tung nuts : crushed ,f : o r' ,4
S December 1 LM .
: Tons Tos s M4Ilion
L ....- l ..-." .. .....
1939 i 1,o160 ..A. .62
194o0 11.000 .A 3,533 3,
I 1941 5 8,750 N.A. 2.289 ..
S 1942 1 6,350 16,414 -., 5.193
1943 2/9,300 --- ,. ,2. 80 *.
-2 -
Crushings and oil production compiled frQm re3ortu af h s:2^iCWM
SCensus. .
SProduction in Georgi, Florida, Alabama, I.etp
: / Preliminary ..
.../ forecast ,. .. ..







*#ti 1943

''139, rop. CO, ka a tAiir
t te, ,f-Qr w4i'
of txe iq43' d rWih f ive a t
4f "q"T"jo0o, $1,501,000
ue OW -
V,


A*tO t,Ww pa-t4 ,a ma gar'
taj,$d lg2 thi-111,9t In -the 5 v
'i pmar '_e- moitth
S n t
on XaAud:ry-
Stda 01Y
to "em,41 11id.
-,jI7#,hqtIjjud atjon'6 ae jhat total 34 U
pitqhas4 -ift 1( amwan d to
mzljcb, unds i 1942,*n
-Polxt4s *mI*ee4, w-tb, 1- 027," d 3L
loyd readeLred P'ork fat accounted-Ior 52 petcant
ke at e,
Ourttiaqi InA94' aJ' Ox'16P aneL
3 jjfojj Li
In"4941 Lin'se'ad oil 6ompiis#,,d
d -A t 7 percent of the t-otal iA 1942. Plg6hasasqf *9ther vEigptable
In 1941. IWVtvr pur(,thasez were r as, iin
qlar'.4 talpurmhaoes, "CLOmpared with 34 millionpoua s., 'Pe"6tlt P f
1-/19424', .%ibotanti'al. quantitipt of 'margazinp, zhortantng, ana-
-*ei ltiitl ffa Olills wer4,pohased in, 1943, as in' Puixpvse S Of
grmt sr

6f f a, t ',-gu 0i 1 S, -by the Var. t Adnlli Stratl,;4,

.............. 3-
'Tteivi 4 T7ti6. T 'ift(ft.

1b, M,11'. lb,, MA J." 1 Mi 1 Ib k

Ij 23" 5 10
ron*e&6&,oark fat 3?6` 85k '145, 161 9.99
iAal"fats' and 611-s 30 .1 1 60 J
70 413
vt i lop,
46
t cffii40, _5[ 14 93
104t -("Ontew" 23
Tatal f dt 'eqt.valent 1.,027- 1 2 1 2 1,730

D tha 14"a-rFbcd AA t a I Izt:ra
'Jajd ;anjjry 1', 1944.
t 5"d

atd-fiph Put.,
M 164t;,6iea t' $0 -oarot, f0'r margdrltz,071 -percent, fcm 8qap#,








CottopseM4 Oil-Pricep Ady"ot

With mq;mun prices. fr ref ined cdottozsbed il increased
tho -quottnfo Ptime sa1Mer yellow co ttowseed oil at Now York
iosee to 14* 31 cents per pound onw thWatate f-towthe-foErwa coitt
'cents per pouzA for oil. This was: the ohlyr.thange I I' Price4*1&f
inDedembdr and &04l ,Tauuary_ Linsed: #i.1 prices, contae
per pound under ceilings, with the oil in teak crar,4Rv o r
144 .c ntir per pounds NoVf ..1 castor oil' tank cars, Jiev.Torlks.
at 13.00 ceuts ,.per pound6- 0,05 oent per pound undet th4-maoivul
Other fats a3%d slle.Ver6-at ceilU g. We he, Index nmi fh
of 27 major -fato and, oiled In Deceiber waid-08 percent of, the, 19''
This was the-same as a iAonth earlier but was fu dnt eo
In December 1942.


Use of-Lard ai dil W~leare -
--7for NnodaRit :

Soap manufacturers vere informed: iii Tecembor by thp *A:
Administration ,thdit ration points for Iard Woba used: it the,
soap wolmld be issued.,only.-to permit purchases of noninspected
where a local glut existedc'.1ard already omaestp
already-contracted for, amounting .to approximateltt A.65w-911- 1
not affected by this action. The action -was- tken'bvcause 'of'
short'supply of edible fats ad oils in velatldn to'dombstic
demands.i
in announcing January allocations of fate and Oils to'a
the War Pood Adminfistation urged ihat rionfood ,use' of. cottonee4a -
soybean,' ind corn oils_ be -reduced to a minimum thWough substitu
linseed, oastor,, -or other inedible .oils wherever possti1le..1
asked to accqmPAny..equests -or allotments of' cotton",edoed peanutt
or'corn oil for nonfood' purposes: with. 'statement & showing why thesO
necssay.Supplies of linseed and castor oil are: nowvrelatie 1
Under Amendment 5 to Vrood Distribution order 29,. effecti.p
1944,fatt acids of cottotseedo. penamt, soybea34 or corn oil mr
In the manufacture of civilian'eoapl paint 09 or; ather P90,cl a 1
the oil itself is prohibited, lesss the acids are ,derie fro
a permitted processing of .the oil-.

Rmgjattgne oft Recoveryand
Use of Glycerine Eased
As a result of an improved glycerine SUPPly situation,, the
governing glycerine recovery by soap makers ARE fat splitter were"
lized on January 1, 1944 by Amendment 1 to' Food 3)istrilbtiaontdthy
soap maker or fat spliber maV now use., Without restrIctio-d ,,s g
of glycerine, a maximum of l59*,ooop*=as ps-_fato talypr
omared 4ithi a maximum of 10,000 poutd-s per month~uederth
"1 1,







W be
fe



eiIiaiioii bde2 effective anuarr. J';
fAr 37,dt:fprent.purposea
;..or, 13N..,other purpoies.
W,-V W-4Xa 44,, any; _*iixter a-, maxim= 6
4 fbr tkm ',rpiapurpoze in the cor
%p"I". uz of '9170 izw, for, antifreeze or
or, "trO4 As PF 'ase An, Dar
Am& J *j- fav..
'Perceo* reap
ti
X
ROvvat.iaA Drftrlerminated-..

''Di-vtribution OrdAr 56, whIch required flaxseed crashers to.offbr,.,'
tl*d'r, pro d*o tipA of liAsepdadil, f rp, t4% P,0v6r=%ntj, -was
6.*. JnAW1r;X 6 01,11944, Whou the- linseecUoil,"
svalV low, au, the actio
'to t Ve ri tt
`MVP11" to!%tiet.lediease-mediT to:, P"Xpee ba Oo me
eean-new be Tbet by purch"es in, the opeg

AwkijkLs on Useof Giticica ah&-
'EW:Shdll Mf SuUenjedr

A0*Auto,.,jof, f wvorab1e, prospects' for the 3;azillaL 6iticiea* ICLVLtL C"p?
dministratiQn suppended' s tric t tons on 'ase deliveq 6f
'u-trhe pe ri:od, J anuary. I t i9441F Sjilar* rs,ttlc ionSL
laceta oils were aisp- qtinp nd, e'd.' r, th, iti, ac.' 104
P AteWtpaent- 1,, to raod Disitibutio' Order 31' i p siid d_ plR-;a_
I are expected to, be adeqikatet6 m6et'r1Q.q704ppmonts
Tehen e actbd, io.,4ve
fb -Vh,:UT,0 shipmants of.new-crop all ar ex'
art a f ront bax ly 1942,:.
40_cca- all vaa,,izi sh up I
6f PoQr rezrops n Br d a difftrult c400
4oe -,of,,the oil-had been astrfted'..to the'moo'
purpop
'theL us gind, L del vor hut. s :11 li401&a.14o'
y of, cashew,
june,1944, LU Amg4dment I to- 4?ood Distrtbution
i1)AGjaVS made po:. oaibje I t.4e POCUWlatidn,4
phell oil*' which pomes ftom Inaia,_,an4'the outlook or
-tio;Pi4' i*orts'. is gaod._, The, oil ia.iWd princt-plally In the mtnufacture
vnd, Oiut-h, f "Ingt in6ultt14 Vjk*tO q. X- qr,. e let t r i c alL,

-7 -';W 4.

-49
ea t
'tog* "ber'2Y, 19k5, ta
oil 61614 acid) f









aftdkils iea ieor u oth
n e'Ce sary, 40 thikT- i r ieA E
red oil deteriorates rather. il3 s
%axe for aset 4op t ~ manu


S FeA er : vise
thisa.3 -a'ph oat'Lpsod-p~tian for-sg6p-e
tn 1ade uin ;siatr al eO hotsehold6ea di- -!
after the 15th of each month -and after all wei daw 01 1
for, Under the amendment, specified au4thqorit&aA%4U, ug1ot be 2
Use, of lard vr grease oil, tall0jr oil, Or pgT1
tea tons. oin entai: esi of' f tty;wd eese 1
Amed6entT to ofidi i oin 9fg t- efofctv Tas
amendment C =po hgd. the, $;6e, pRtitfo ~nayT'k14
e r user
on s,-or on- hird. of baeP0iod lxqiwheh've kslrg
Additional, Fete and. 01Is- M be ucad
by PiV-aie lIoqortera
U nlte Deebr n qly.Japaary, additional. iteltea
U& lit"it, of fats andoilIs thaN ae be prhs n D dirjtO&I
purthxed: iin




1traderf. "These Ite~ms are ats folos Gahw tShell"
ebair i-oot. oil trdmArgi ti. ourlicuyad babhtsu X~idenl*" 2

0oile.;cm cahw. nut shell liquid. from vrzl esalpe seed, tacp d
:keftslO and oils. glycerine 'from''Argeutizh nd; taad ti itk
44d 'Ad coru ol,fTom ArgeAntila .mportv of, theode item s!6,4
upnisSuance ,of .jmport permits -,41r thep visions of- -0s
Ordeil M-6, (;f the War 0,outo Sa& 0
All other fate and oils imported int therer 1n1aft %4dt"
chased, by. the. -oreign Economic A# Mivitr- ktion$' -Sepwles vr-an
the Unit 6d. $tats -and rtaz il riegoidigu]grgee ai8-8



Oil Increased
Under Amendment 13 to Ma;imum I c g- h 5
ceiling price* will be increasIed 11er_ KA
1943 crop 9f soybeans. Inc roaseiB 1 70V iT bW O;
pound. The maximum pr.c fo;! wintoria"ed GOVia '0
basis f~o~b* J)octu 19 ;gAy4 --'I
J:I






Ii N







t'n
11 emal
r &ILU,04 phurp fb,,r mov
)i the
4 tWiln car
411 '11)041-
wrod t 414t(latioA
A
0, c
till

Ing. C',, f?, rt' 'i 'sold

iqcL` r2 BP
Jm in& t Ile ',Tu
Ou f t V kid
40i*4in$ I 5t I
F11,Wrf al 143A Iti,"
t kl'1401: nt and c i va,
mah, ure,p at
tor 4,,

v
44 ior
161 AZC
'*bttorwoed 041,-'Ov, Ouc'd in exa's -='A' California. 'The
(t S""'ver, p
derp9nd g p iho, State to
Ir A4Wphdumjkt 9, tp,
aq 0 a FAr.Aake.n, L 3

od soz oCkS are in elfpdt *er, i(aimumr
t vr-W",, aAA 9, ',


OAs o'r co.tton.oe,,ed,,,q4*O huill$
ana *410 rgised 'eat onzeed are btQught togIether in Re A sod
w, 1,944* Theonly giajor,
qu Off.,tIr. TIy I -
'"L;u 'f% the Ot- mmamut s
046,,alaaOOAI At 11 P40r, ton uu4ertho ptino for' rqdaArM6a1.,
t*
JqVt" zGf, and pressed dake an



dr 'food



Op a IwO amouziced. by thvk''
for
'54j to CbxigregiQnal

pri,64 to fa=arg bf -$,1 15*,

4M.; to Oolitdt` N
0 1








Ipble to, fafterd a~t 'ti4 *2pok 7
ii1 offer to ,p 4hse beans' "at
-a4evatota 'an :to 'enter into prTO d6p s ,4ittbh
these cantrados. processrs re#ll Wgee to paykt
fm sybas urh &e by thesm, Mid tbo AA 1
'beans available for procesalng, at price a*ON

Ouport:p i e f N 1 e t
baseddupo $2.5 A'r Y"e ainaptV pg
At Sy n gposa Sn acieCWa-tfok4 2*4 p
Texas, Theze, -pribes a~re91 aor'-d-czite per, bivopxa Xkopk 0a
prices in the current seaehia. Ush a94port prices 'a~t oa g
applicable. termizol priqov leqit Xreigftt-and,_bpa.ogligCags,
o0Ans On flaxsie Utoall' c fi 46- 4r iX wairhbde4.vl f ia
'farmer' at 61hbOpprt, prie 'Vbii4. The r Ye ood Adaist Jt
offer to purbhqAsO `Uineee oiIl aVd iel41' rd Qg40g#
than the anoodspo=0igfriitlsedprh a %

$150 per ton for Spni sh, YitWia an-d Ual6nia bpshl10s
Runner types, an'iacrease 4i $110' per ton trom lhel sppori iiieo gi
co These.base price r e o en havihg, a sound, meare i 0
of 65 ecn ntecs of nirgini, Valeadia mid R,4",t tyt4,o
in the caeopns yped. The wal- iood Adminstton hp
authorized, buer of 19444cr'op:peaniase, ijll enfer into .-icesg
contracte with shallers, :eruqhers ighd frodet, z, prtveaso
w h'cthey will agree 'oprcae enut. tiefaesfo heag
atnot less than +the sup-port priced.'oTeS il e ok
able for processing and distribution at prices baseed upoiel
oil and meal,, and4 v4ll also.'Make loapsm bi farmeqg atoIp~
throu~g cooperative dassociktionso

12aP44 gl Peak Y& arf i rod4t~ii
it Fa ta a ndilro'f -
Productid6hof f ate s'sn oils- from 'dome stic0 Mhbrtaie in 1"
about 11.2 billion pounds aOmipared with newly ,10s Villjo po n
Lard will constitute most of the -indrea'se-. Profuttion of lard vo'
exceed 3 200 million pounds in '1944. !0tput. 'of lar~d inJ19434o incl
visional estimate for noninspected production. vse nqarly.2,3QP
with a larger hog and cattle slaughter epete4- (h1144 km-
some increase in the production of Inedible tlallw 4nd Wgpefteeq44
Also, the incre aed production of flaxseqjl, qocybetaq, -44,pa ip
the -prok ability oflreeosaigat in 1'944 p t'6 ubtd
...;h ou put of vege~tabl,61 o ohin: ihe deleR;.ar Da 1ttqfL
expected to decline in,1 "I
JLard'output "in ,the 19*45, 101 7.e 0, beinn o t`Oer
Isodeline sub -t anti ally""perhaabp .k 0' It' 5W0 itorpng
goals for oi odee are r."Ched, rod~ctio) ofveeht *t
w.4##4m~~~~~mab~~o 139 tbosa decAnlione4 sm l4n&a Lk&A









4'
t+
X
4*6a a
OUR 4 nij.*6-,f

IC!Ca In
adLo'
nVoore t n UOa S
nd
Of" glyterijae. ..0# othlr 'hand,'',,
A,4

vbr,67"r,' ozsi'Ie i'iv,'n6!kf cod us
v, Oild"et'jij "eils.

ta, vy, ;It 1 ra Or- food f at i=
1; L, the inere a Se "JAL JKtPjjt of larcl-
'for 'V,4rope,,.
INI'lpf iequimaats the 'Var
"td 'the 46mand'for-dpo*0,60 Supplies*"'111
abl7 wo d
P py,*rill, t t be
er
%
T
4:
i n ji444

-at =ehtge d 4
'O'level '3f, W,ol 0 'b pri*e'z remRia, ed abb
)Oxopi,,.for L Sharp 4n 61 lafe in thi middle of the yegr, 's a
in f!e
prlices,- f or buttei. Xa Deolotber, a94
Whoreoiale Prioes,"of olght domer;tic fats d
,t if tb, lqlA, average compar6dirith 3-50 pe-rc-sn't a. year
4, PvOrpa& ohtj, "Tho iaverage for 943 va's 7 peIrcent htgher 't
,*42 ,aud' 910, porcent higher thaz in 1939, the yeir f he outbr'eak
"i-It" p'e. Nring,'World'W6r 1. Trom 1914, to l9is, 41.,the, risewns


T *4mef i oT fat% qnd oirli at n in: 199
4 ,1 110f I e 0 ting m large, pr= ti on' of iard and
;jfee'ted i94O' by 1A'rge sup-ol
4so werip L in J, es 'of
not be sold in thei-trAornial', ]Rurope n
he tou of-Fran*dtst, $UMMer.'L In ,194 there
mal'e "than N jje'rcP:Rt in prices of fntq-',qnd oils, chiefly, as,
"tPf rl.fug cousumer incbrae, in: tiie.,-United Sts,)tez, with increqsed
"adj,=,of Jap;31teSeL cont.Tol. in eazly 14;
-4p "'With Itho" exta' a
-at 'pr iteq s of the -W-,,ztern Ppicif I t e
:rt, and_,oils lia' the, Unlted'Stntes vmg
r, Pr0,0 -Titlt' of- 25 percent occurred in 19420
bk -griea con'tro1% md;isut-4s institu't-ea,
arter t e L T
-P*21eae Ottidk 04, PeAZ1 31grbor
-*;!zcj*rj6O. of eitensiwt and adjustment of Cp4trolreoVer
a the 'ie4oi, fa t s. 'WA' s no t sub e c t' t or'
0 -Rrv on e,
thg eiiii of, 194?, 'nll Gtt p4t






Oilebg-nt Exterided t6 lineseed ol 4 .
R;Ximu Prlqo' for Butter Retaceda MLytr
-Maiqus-$,q toos 'were e stabl iishe lfo6r 1 I dg eril ,1-
a mxiumof14, cetse boundL fpr r" 1844'1
,delieredMiagqpoli~and othr Sone, I oinp 2
sale and retmil .pri.08 fOr btlttea wAerOWd.4he
I nS Tae but tgr eat, OhtoW oi; jalt nobtretbr a

adva~oad-0.019 0At-to, 143 et. per pupidin A p aWp
f 0,




yellow cottonseed eito*-j:"r0, New* York,wvis M4e a r e4,
per pound (for oil to be used for edible parposes0' th *4,,1 "ad
pud aenso 5 etper poun4d to xra finerm were moadp
oil but vtch, payments wore, 8iscepwipd-!t ath eqd ff
Ote 0p"ceActios-Wa. irk1 j v4te3 W-0 _Gat MAge i
uoat 1iAbble, wnsagtb,th 6tgbttjAhmeAt oil Ipci~ ei rt


1943 Oilseed Cro.gs
Prices to grovers for olieedo produced in w9J ere WA
through 0overnmeit. program at levels~oe r ttly hgh h )m thoe
effect for the 194S orops, The supt p6o0A ositdfar
with proceas-ors to buy nt ,the .support lees.n4 Tfor, soyba .5An
seod.*. Government- loans to farmers -gais sred seed. Thder #V)W'
aRrangemen~te with poceasspre. the Gqverament gunranteed'pri-040 0,f
-r prt fo!,








products seold. by. millt thait had .,':id support pricesB P oI bt tr
seeds.--I/-. -The higher cost to, vills1 of 1.94,-crop. oiled pp
off,4ot by. higher prices. for oilseed products mthet'hh oil, Ci
revised maximum prices,
qqmdtyGait Qorporpition -p-ym~pts of 1/Ij n por pa
mqdd. to ref iners in .the 1942-43mreigsasnfr1 ro o
do ttoaseed, pesnutj. or. soybean oil refined A~nd sold for edible us
TheBe Payments. had been ini ti PteA. in Septe.mb er 1. in co4A'ectio4'
;Veduction 4n -maxim=m pries, for. salsd nd: cooking oilends.o
-other thAn lard, The payments were disicont'iuue4 'hove Iver, 7fr I'
oil. To compensate for this, At least inpat mnx mum P.p"ic or'.h
cottornseed oil were .increased, and OpmoditT -Cridit Corpoeat ioAa
maake payments to manufacturers ozi the'vegotAble oil content bf b
ings, 2 Zffelative'74bruar'y 2, 19, celng prices frY refined
o il wbre: ral sed. Ana thpr. program of Fi s imilar type vbbg o
1943 in oonnectioll A-th a redwctioa in p ices.of pnn utr
Credit Gorporation offered to mnake pay9enta to peRA10 6 ttei Rlqnu
17T~pr p rice id suipport-price p'MogyAma1 for. 04.3 oil-dead 6pg
d sbiibed in nore detail in, The FAta 4ud4 0 Ui' Stuatin, t pW
of t.he September 1943 Aisue nnd ppt Th1 t h Xowmb' ~h144
Th at in il i~utin Ieomr.. 3 2






gjyj6n Olotdmhr frftgad
| 4 "V nlvl0 i,14, Terlt
i tlaw &olt h 'aq' -;oirlI'
ioh 3, ioemd." r a

the bmjim~lspndig
ft ie otrI, O'hs
J6te*le i3t -V e nee 94,Ices. I
bes flaxian
for ao e,, m:P s ra ,a iqk e i
talt lnlrymje oGo~~soa ctont rvd




































ooniut oil, crude, tanks, e ew York. f/ ......:
conut oil, edible, drums, New York .........:
lvp oil, imported, edible, drums, New York .1
v've oil, inedible, drums, New York .........:
irve-oil foots, prime, drums, New York .... i
itm oil, Niger, crude, drums, New York 5/ ...:
P1m oil, Sumatra, tanks, New York f/ fJ .....I
Iape oil, refined, denatured, drums, New York.:
Wpe oil, blown, drums, New York ............,:
Teaseed oil, crude, drums, New York ........:

iolow, No. 1, inedible, Chicago ............
lacease, A white, Chicago ............. ......
Ienbaden oil, crude, tanks, f.o.b. Baltimore .
ardine oil, crude, tanks, Pacific Coast .....:
1 Mhal Mal L-P4 U I,.-u A J-i


abe


6.4
s.6
26.3
12.9
'7.8
7.0
5.7
11.6
15.0
10.5

5.1
5,2
4.0
4.1


6o
7.8
4/32.0
19.6
9.0
7.3

14.2
17.4
13.5 5

.14.
4.2
4.2
4.9


611.95^
62-.5
145.1
15.1-. 1
9.7 i
8 g
14s0
17.4 ;
22,3 i

7.2i 4/
7,3. '


SV e ne eaCi3,lr e -kU b01 |te ruII, :
New York ..... ........................... g 8.5 9.5 10.3

seed oil, raw, tank cars, Minneapqlis .....: 8.8 9.0 9.7
need oil, raw, drums, carlots, New York ...i 9.3 9.7 10.7
rilla oil,'drums.- New York ............ : 11.7 18,7 '20.2
ticica oil, drums, New York ,..,,........... 15.0 .18, 20.2
Saoil, drums, New York .,,...... .........I 21.0 26.3 32.2

:,,: .~~~~~ ~~ ~~~~~ AG.. ......,..E : .' !,, : ~ i


. i.3











'4ift 2'tktg


'6


Y, -Z -3 35;''
--3 -9'

-5

_r' The,
:Ivp*O' bf, th6 Var aud',,Diirela 0,f,
t'AZS 01 &tiz vbore
-A*et0g,& for '10 m
to pride p4 arip
*1 'A
j* ',I -- inal'
5,,
tor, 5 mor .9/ T 9 York, I c
ank edr s er
vrifft to garp, 1.1-441y'qucied,,"4-bii- oh'ipmen tt'
tliilsj S 6f q)j6batjok Decombeir 194,, On lho,
in, 1943,, ijoiAld-be 15#,6 cen ts.-Pet, :)qind,' 12/''hvatagd

0..q 41isbl'q 5" 1 tdox w*er' s -of prloe-s of ft L 1339-43Y .
-29.=. 100
7
y 12, A:
109,
Al EL"
"P 7 97- 4
61 64


50'
72
eo ti'c, 6,7 J: 7 58 '1V
dlt fiwoign' 99:,

...... 77
41

59 99, v%
Lw
67 :123
'4j $6 94
72 95' 9SI.
76 "13
-75 9",


Y












itk-a V...,s.. I,4:11 1 .


ft-esses excluding Vap .1 gret"qi L
'Uht, ssfoot -oil 2..",. ...t.
4 3
Oleo Oil e v. .. W 0. a ....* .
Statn, niahltble ..,a a4 6
44Wal edible ....- ...\.-. a:*tca ti.
Tall1w, inedible 0 04. ........ 2
gmhlie 6o l a,.. Lo.i.. 0.,..
Yish oil 0 10. o 6; 4 4... ... .. 2 452
qotal, anml.6..4. .
flgepile aill crude bss,
Oleoonut %'Il ..... ..1f. (. 6. 01,
Corn oil -a...r.... .00 0. 6
Cottonseed oil a...L...o 1at. 4I0 0 0.
Lineeed oil ... al...a..... s.0 a V 7T7 0 i05+,
!Aive oil,, edible .......: a1 -
Peanut'-Vil t:*** ......... 11*5*o 42*espT
Soybeant 611...........:N.. 7 7
Other vegetable oil's 4 4 a o....e.ss a 4 41 1.4
Total vegetable ........ 1 a to
Graftd total o........ ov 2;,2
:Indica red' ti o fromto
1 -








: Yar 194,4-41 1;41742,1
sbegTillirgi
Biii ter, including fa. ;,m Oct- 2 287 14,
Lad ndredeedpork fat, total .4 Oct. t 2j 2855 ,k
Inedible tallow and greases, total.: Oct. t 1.92 173)
Edible 'tallowj oleostearine#
oleo stock..and oleo oil O219 i"277'
Seatve-fo6t Oil .........: Ot.5
Vool ras 06ct. 1ii
Marine animal oilse- 0 IV 9 0.9.......W:a uly : 175
Coin oil a......L...... Oct. o8
Cottonseed oil .................: AU96 11 14e ,A
Llinseed oil IL............ uly : 4R4 51
olive oil ...a.........: Nov. : 1
Peanut oil ........ 001 1 14.
Soybean oil ...-a, .00...0,0: Octs f
Tung oil ............., Deist t


Agriculture. Monthly repor,$s do not show total pgokactip 6f utte
inedible tpmllow, and gresaseo
1/Loes than 500,000 pounds, Uaeed on Wost' reoqau tndlatooetj,
Reviedi ~ma%~o r(5dwt~rnp
iiii"'A




















-t- X-r

azq
tz.!) lft,'6
Ai



14! 13,




r "2a O'A

VR 27,ol
AP il liD4 '1 %41+
4w,71,
1 -1 + +t
.4-4 .5
11+ A
5,1 j
4 ILI 4/-
A769 9 5
'21

.7
............. . ............
"115

Lill.' 107,4,
2 2

3,A14
-a ow,
L 914, 41 :'9 97:




Ofo&OAA IY,,dl, vl 0 'g the 49
pa Ow 9

W c "*Or"d-,to 6t,34i, i+ byt4

Z 14



IN ISBN I















r'ben, Brazilian LII I
4.Baiinports .. Ong tft /77.25" 75!0
soed., United States
ag rie .........:Short 'ton : 46 hta- 59
eNO. 1, Minuetkpolle Bs't,200 ES
4pe, United"States:
prm .............
tda No. I shlelled *
OPnish,- Sout enstern
Abping, points ...2- .'41M P0 =A po'!5.1 25 L
put -(Or nufs an4 otlX, .
Vnited States fArm price .9 61
0Wbeqns, United States
farm price ...........,. Athl : 1,7 15

60led Tro 71l 'Faint iind Drug Reporter by ra
an4l of Commerce, Daily Market Record (Minnoupoblis a.) .'arpqto
gicultural Economics.
C Oand f., Ne'w York.,
-Table 9.- Price per ton of specified- zilesed mqel
December 1941*and 1942, 0otbbersecekbor, 1S

item 1I14 94 c



6pra meal, Los Angeles .........-.4.:. 42.5 6o to 5 5 i4
Itonseed meal,-41 percent proteiSn,
e ph s .............~..... b .. .. ... 19'J .8 65. -4 49
Ottonseed meal, 41 percent protein,,
101hLeag ...... ...........".... 44.45 46v90 54,5
ifteed meal, 34 peTcent, protein. z
M nnesipolis .......................... 3. 0 ki s 50
Ihs~ed; meal, 32 percent protein,:
Newr York' ; .. .. .. ...... .. .. .. .. 332 --- 45.o00 45o
Manut meal, 45 percent protein,
,f;d.b. -Southeastern. mills .4.0... o65 09.00 53-00 gl
byean meal, 41 percent protein, *
Chicgo A.,..................... 525 90 19 1.
"Cl 39-0 510

11 rmrcod Lh
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UNIVERSITY OF FLORIDA

3 1262 06905 1626



S...... :. 7
Pr .. ... '" ;":"''" ....


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: "; .. .. .:.. '.". "..: ": ..: ,


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RAWi z -. At. : v: t a ii: :, ::'i;
i .;.. ." ..' ::. ; .. .... .

":;:..; .. ; :: :. ,!:'.;. l. .. ." .... .~;" :
.... .. :. : i ; ;:~'i: I.' :i ; 1 ;:;.
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11100 In Alto
....... :
;. ..Tf,.
", ', "i
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.'. .:: ": ; :: i
,.; ., .. : .. .:
... ; .. ; : : : : ii