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_00065
Classification:
lcc - HD9490.U5 A33
ddc - 380.1/41385/0973
System ID:
AA00005305:00065

Related Items

Succeeded by:
Fats and oils outlook & situation

Full Text






.... ;J' .* [ n

;"~r^^^S'^^ in ft'EAU OF A RI l
I^^ gD#W STATES DEP n^ ^ J^ ^ ^^^^^ Ij
.. 1 "
i..t... r..... R AUGUST -SEPTEMBER 1945


"=. PI t AND PER CAPITAL PRODUCTION OF DOMESTIC FATS AND OILS.
A:: 'D NATIONAL INCOME PER CAPITAL, UNITED STATES, 1912-45

SINDEX NUMBERS (1924-29=100)
.. ".. \ I :.


a s





S50 'National income

I I II


: 75'. PRODUCTION

70"'







1P,-; I I I I.f Ic


2:1, 1917 1922 1927 1932 1937 1942 1947
S WHOLESALB PaICES OF EIGHT DOMESTIC FATS AND OILS
..,j".- DATA 1945 PAT.L- FORECAST
i," 75. P
















NiUMENTo iuLTURE NMU 45522 BUREAU OP AGRICULTURAL ECONOMICS
.. ...

3l _..lio .. .. :: 0- t o a -Z.......
V. 4 ...' :.t... ..


S flt id oils in m6st years vary roughly with national income. The
Stiof hiBave been in war and immediate postwar years and in 1935-37, when pro-
l oi Mastrf'l y reduced by drought. 'Prices of fats and oils have not advanced as
WAiK0pfir t1.he-part few years as national income, partly because of price controls and'
tly; tiiH because of .increased domestic production. A slight increase from the 1945 level:
~ int i production is In prospect for 1946.
m, p .,, .,.;,.......... -









I AUGUsa-9aPauS 1945


-2-


A..i rW


table 1.- Itole e prie per pound of fat, oils, and glyoerin at specified arkLet, ad ide
i b ber of prioul of fat d olls. Auigut 1948 and 1944, J.u-Auguet 196


|| B AVIS I I II


BwUtr, 2-::or., a ...... ........................ ...... 41.8 41.5 41.5 41.5 41.
Butter:, 2a Er:. asr s ....................................... 42. 4U2. 4".I 42.I *4M
Olsoararie. don. VMS., Chicago ............................... 19.0 19.0 19.0 19.0 1.0
haorwaig ontain gl a Cn l fat, l-pe d Mertm, Chiao ...... 17.0 17.0 15.0 17.0 17.0
lard, loose Chiago ............................................ 12.8 12.4 12.8 12.8 114
urd, prime ste, tioros, Chicago ............................. l3.8 .4 1.8 8 13.
IU,d. refined, l-pound artoua, Chicago .........................i 16. 16. 16.8 Ue. U.i
01o0 oil, eztr. tiares. ChcOago ............................... 18.0 13.0 11.0 U3.0 15.0
1Olstearim. bbl., I. T. ....................................... 10.6 10.5 10.5 10.8 0.
allow. edible. Chlogo ....................................... 9.9 9. 60.I 9S. I*s

Corn oil, irude, tanks, f.o.b. ml ........................... 12.8 12.8 1l.8 2l8 2 .8
Corn oil, edible, returnable drum, 1o.1., I. ................ 16.2 12.6 18. 1U6. U.
Cottoneed oil, rude, tele, t.o.b. mill ............... 1U.8 U.8 1.8 3.I 3I.8
Cottaseed oil, p.I.y., tuak earn, I. ......................... 14.0 14.1 16.5 14.3 14.
Pemut oil, orude takeI, f.o.b. mille .......................... 1.0 18.0 1.0 1.0 13.0
Peanut oil, refined, edible (white), dArm. Y. .............. 16.5 1U.6 1.6 1U6. 1I.I
Soybea oil. orrde, teak ear, mitdetorn amil ................. 11.8 11.8 11.8 11.9 11.6
ojbean oil, edible, drum, 1.o.1., ...................... 15.0 16.2 16.4 16.4 1.4
uaflower oil, onl-refiad tank ore ,f..b. 1. T. ............ 14.8 1 4.13 14.5 A.

hbaoeu oil, tanks, N. T. ..................................... --- --- 11.1 11.1 11.3
Coconut oil. Inila, orude, o.l.t. Pacific Co st ........ ..... 11.0 11.0 11.0 11.0 11.0
Coooaut oil, Ceylon, onide, balk, I. / ...................... 11.8 11.8 11.8 11.8 1
Olive oil, California, edible, dnas, .r. ...................... 2.7 60.7 00.S d.7 i J
Palm oil. Congo, crude, bulk, I. T. Y ......................... 11.4 11.4 11.4 U.6 11.4
Rape oil. refined, denatured, bulk, ew Orleans ................. -21.56 /1. 11.6 11.6 11.6

tallow, 16. 1, inedible, Chicago ................................ 6.4 8.4 8.4 8.
Grease, A litoe Chicago ......................................... 8.8 8.6 8.8 8.8 B.8
Nnhaden ail, rude, talks, f.o.b. altimore .................... 6.8 8.7 6.9 B.9 8.
Sardine oil, orude, tak, Paolfis Coast ........................ 8.9 6.9 8.9 8.9 I.9
Iale oil, refind. bleached winter drum. N. T. ............... 1.3 12..8 13.3 2. 3 U .
Cottonseed oil oots, raw, (50% T.F.A.) delivered, B t ......... 3. 3.6 8.6 8.6 53.

Linoeed oil rw, tnk oar, lineapolii ........................ 14.4 14.3 14.3 144.3 U.1
need oil, rm, returnable drugs, earlots, 1. ................ 15.3 1.1 15.1 15.1. .16
Oitloioa oil, drums, f.o.b. N. T. ............................. s 26.2 20.6 24.0 24.4 26.8
tag oil, retunable drum, oarlot, I. ....................... I 9.0 19.0 39.0 9.0 39.0

CaOtor oil, No. 3, bbl., H. ................................... 13.8 13.8 13.8 138. U.6
Castcr oil. No. 1, teaks, S. T. ................................. 18.0 13.0 13.0 1.0 3.0
Castor oil, dohydretod, tanks, .I. ............................. 17.7 17.9 17.9 1I.9 17.9
Cod-liver all, Md. .5.P., bbl., N. .......................... .5 31.86 3.T. 83.3 3s.1
Cod oil, e foundlad, drums, S. ............................. 12.0 11.7 11.6 11.8 11.1

Glycerin, eoaply., ba li 80%, drum or take Y. ............. 11.5 11.5 0/10.9 &.1 1.1
ImD ImB (198449 100)
light dometio fate aad oil* (190-14 100) ...................i 14 14 142 14 142
eight doam tio fats a oll ..................................... 101 100 101 101 101
All fat and oi L (2 iteum) ..................................... 106 107 10 10B Io0

S.... ............................................... 6
rioAo mail ill ............................................. 132 131 131 131
Tegetble oill, dametio ...................................... 132 14 134 134 14
Vegetable all. foreign ....................................... 167 16 15iM 13 11

r...................................................... 9 9I IB Ua
other. seassally adjusted .................................... 96 96 108 101 90
rd ................................................. 106 101 1 0 10 108
Other rood fate ............................................ 19 141 141 141
All food fate ........................................ 103 203 106 106 10
Soap ate ......................... b ......................... .............. 10 18 10 0
Drying oils ................................................... 160 149 148 148 14
ismoollaneou oll .......................................... 117 116 116 115 11
All industrial fate ad oils ................................ 132 131 131 331 13

Prie asailod trom Oil, Painat end Drug Reporter. The national Proviisou r. the Journal of Coamree (New Turk), *a
reports of Produetion and rketing Adinistration and Iareau of Labor btatitloe. Eoise tas and dutse i oled
where appliosble. Indsz nberm for earlier years beginning 1910 are giive in Tehanel ABlletia Ho. 7ii (IV4) at
Tae ats and Oils Situation begSmiong easber 1940.
V Three-sat proaering tea added to pries ae originally gtoted. / C.i.t. wew Tork. 3/ Tw only.













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A;!t ,Apie. quntityoff t 9du i lsov gr _adua tllyi 96
be n uthr zedf r Use: impo11ts inras.e. atortel
*dile,-As' or~iviiao jn slightly are t han
416'um~~~~~oc 9n6c4ins 6icohi ThDume eben irosuppl R tr
-ios~~~~~~~~~~af~~ ~ =ug0t n hetre fwo rae na sfot i
i!r' ui beieantd
Afl: fa'G, aa:,.&1S. .hwevri xe, ,iuzt~ al 4,.Slale








































Civilian supplies of fats rnd oils in't19k5 a.i t 44*^
years. Total civilian use thX.'year in food and .:onftoad D.prlote
a'.. at arqund 65 pounds .per o apita. (8.5 billion pundit in total) a
C~vorage of 74 pounds per cayita in 1937- 1'(tabl'). Teli
Supplies in 1945 reflects sharp reductions in t. ipg ciop. a* 4id i
production in 1944. Lard. output in.1945 will t ta3.. at 1erst
Less than in 1944,. and production of greaae. wvill;tU tbrea 0e
asruller. Output of linseed oil from domestic fdiihead. 4so s';:
daced. he 1944 crop of flaxeeed'was loss.. thne half as lamge as a
carlior. Total production of fats and oils in 1911 i bAiotted
about 9.5 billion pounds compared with the wartime poak'af 104'
in both 1943 and 1944.

i" Othei factors contributing to the decline in civilian
from 1944 arc an incror. 4 in military procurement, of fats. ad aIl ~
recent cut-backs), and ar reduction in. imports duo to a short'"w lt
of fats a.n' oils and s. strong European demand.- .
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Sept 6iab'r irs4lzatloos; :VM;*4
fy' 'tdAs, year-, 4-but 14
bq'0 10-iillloxi bushellia Poll",
OVCr nOs 4d th6
al rapid dev ks-ti -1y bv* a

Fj'aMW& PM*Oet
S indic.EU' s,'bar
ptem 1 on ho- th- "'Yeat w
L.4 million -b=held More th,%' ,ted'-=
han'werep -d in 1944*'

ai-gfP4,beeauuo of d" to 'Ve drop byva
ghtly dUrizi 'A t' Sft
'P Of 41411ion POU31&S' perrcoxit'le)zd
j'p*i'0.e;it'mGre than the 1,944, fV'04UA ad %%

Oottoz prospiIeta also Seame slightly ,I q ts ;avo
at a tesult of heav rains ,aAd a r iA! 4'redd 'og.
Cn the baas tf &.,ptQmber 1 inAicatioivs for'e6t.ton
AirelzagQ relationship 'etlwoen production of cotton, t' q6t,
P r d-Let-Ion of t4is ye&rl TwPIL-Ld' bq,, 4, 1315
10,ss tiian tht 4,430 1, 000 to np: prqA3c 6d in 19444, q

ProductiO P
41
2
i3di,
i 4 10[fi it
unit 1943-:* 19 44 4'
945
9.1 Jill ga
ans Bu. l8.I .1g, 4 1

7.,7
ttcnzeed Lb. 427 451 toa.
'482 UAA

aikts -t ZV Q

t03'r ea-zis, per ar-re baVV te!-Zor t
blativati nJUv 6r ko

JEEILautiund 1,13port Ep--3rportt Ali6ut'
Year as 1rist

Inports of f rvt s, ails, md'oilseoas ia terms-rof-oil ilato t1w
'es in the first 6 r.icmths of 11)45 1 to "-ed 52,3 jAllion pa=40-4 AI
S t a Av
practically the samo as a yo,,,r oarlier'. but '43 rewit loss t-
1939-41 avorago for imiuhry--June (table 4). Trrpqrte Qf flaxsead fin







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I T11 41, 1, 7; 1-76 i, 67 1 9
37' 341 35
2 0" 21 '2il 2.01, 1.92

],*2 "l, 72 .08
ie#44.4 0 Al. .75 99
A-
P. 7
J .06 22

P6 20
Ao'
U, *1 ) I l 1; 13,
1,39 1.3
5
,c42
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OVA 9, 1O*a '1-17 074
.24 -17
70 .32 73:
UZ .04 4. 0 4
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e r i, 0-
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10.2 0 S
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ckmo, 2-2 J90L,:
9.7 10 OA 10,2
t 'exclilding rel baf
7 9 IT :0:
d! 5apparanr 9
R, ;ale- -ureaa Pf. 64
-,epor the Oe su Figh and 'W,3.ldl if 0 ;so i
V, of, Agri,tmre Totkz cam u fram Illu=' 6undod-=m.b.

*i li4s jq,ll a,%UI17valent of inportod. Argentine, peamt
mmiatmol, a 2 qxu, ent of net i -Of f l=,seea':
s4orte4l*' and", soap terma of-rat content, Exports ina
procurement, by the"
tPrm Of f at content :p
the Amoriczn Red Gro:ssfor pris
-ar oncr-:-,
tac ILAde Oi O-qutvaa4fot I so a dr. exported.




























,. -Uer oile ..............3.............n.............. "30.8
.. l ............................................. .
. ota. c oil a ................................... .... .10

S a Man o ni ........................... .... .. ..., 1.
CaBmb aIl nh i.(ll oln.(eil) ....................... ... 1. 5
i Gate d o l .........................................r .1
!< ioomf oil ......................................... ... .
Ol io oil .............................................. .
v Gatouli ed oil ...................................... ... T
a pl a t (rul ) .......................................i 1.
IUl.laum l d .o .........................................,
r" .0aOL t a oil ..:............ ................ ..... .. .,
i: lIv ol l. eaIble....;.............. .............. .F... 86.
4Pl 11 oll .0tm .................................. ....9.
: a.01 1e o nl dible ................................... 2. .
"Ift b on all l ...l ................1....................., 1.6
Illa l l .......L........................... ai .......... 1M.-
2eaubu 1ll ....... .......................... ......... .81
J!i. lagn oil ............................,............... 1.3,
i: Bo oil ...................... ....... ...........I 1. .
S:.. m e ol .......................................... 1.;
sunf: loo a1 .....................I......................... .
0,ieased all ........................................
l...1 ,O51 ....... ....................................... -: 61-.5
I"'. getate tallo .................t...................l -
SOter vegetable oilo and fats .......................... --
Tg"tabl oils. hipsamt to U. territories ......... --
otal, vegetable ..................................... 46.Z
T. atotl. primary fat ......... ........................ -- r5 -


011-boaring mte


Jb~ibou hroelo ( s pernt) .............................J
I toer.be.a (46 paromut) .................... ...........
'ir w- (8 po-rmt) ......................................
:9t'aw ead (16.5 peroen) ................................
I::Vmked (54 p rmet) ................................
StemIa kIerel *(16 percent) / .........................
i'lbh kery haelsi (6 parot) ...........................
cij 2m4*ft l erools (4B paroet) ......................... tg
Stib to., sblled (39 poront) ............................
".wtr s bee (SB peraet) ................;................
'"eamM sed (47 peornat) ...........................:....
'olbsano (15 percent) ...................................
T muam krnIls (48 peromt) .......... ...................
ot. l. oa all;uerim- arta. ... ..........-..............


ital (ia te

10.8
12.4'

1u8.o
.4

4.5

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:, .. haeoturti praqmtm (ft

i.. .ar r .ii.............................. i ......
bo sl yI......... V.. ...........................
qP ...-.......................*........................., 1.8
'ltael, mufatured prodate ........................ a.
Total primry tte. oil-bearntg aterilsl *ad
maufetured produota i ter o at ll ................ 00.5


19.5 5i3.0


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Sempiled froa Imthly Iamsry oa Foreipg Comres at the United States. reward of ta bream at the ami, l I
th 0.8. Department af Agrioulture. Toal eamputel fro oaromled abemr. :' .
The folloraei item are ot aoluded above Proaurmi by tbe rq In 1965 ftr br rp rfjt, B Jlat i
lard ad I8 illiona pounds (prelmiur) tar Montent of sap. Proonremt of mrpral, shbrtainag,"ad S
R d Croes for prianur-of-er peaolgeos In term oft It content. 11 miuia ponds l ,1BSM ad 10 liio peigl i
:. I snolude ohipmat@ to U. 8. territories of butter, lard. iad ma uotur d preoda l ramports at m sso p1 i6
:i ~-al. live-oil toot, oad ooprs and reesports in 1014 nal 18 a oo certain quattlo fto eb oil e 2 moa~l ; I
ported ln imports for ooasumption. Shipments I ludte spelol propum at iA f 1MC ad 1955. rilta1Ari.
P, rly I~*stiated. /' Less than 50000 pounds. Inomludes somu l ie aPt f'b tter ol'mnd prd (9l;. tln
i ort d s paetely prior to 1945. / lot repoid sparately. / 1891-4. slpe at. Y/ aowtd lWa. ..as
'ta erto RiLo doo tha e Trgin l1 i/ PFirw parent of atnnval unmT .


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6q 994
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',35 015 76, 27.,
;4 lb.: 19.
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2tl: IL.'9
7

273 203. 2312,
iabl Sw 136 '5 --17 63

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73 69.8 69. M, 'I 0, 11'e,
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146.6 121,9 125.2,
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-265
7 2 1 6 lae7
&3 11.9 U
4.4 51 7/
oa

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---------- 4-,---7L
de -BukoAii tb)o Cc n I i
t n6ted- a a inoq

i c
P'Itutiei,`producti-on and cold-z'tor&ge 'Stc),ck t. S. Department, of
0*Ily inapocted proauti'6M. tsm., 3/ gtoks. crude
o pl-UP
dolWC41-1 tw crude,. basis, 'by Alviding."W thb foilowing factors, Ba'ba:
dpalm-kernel oils, 0,,*93, coconut,. peanut and z6y
0,111 31 yeah
1nds., oth,!r Vegptabletil 114,
r, 6 a t p c ru&o b"is by dividing; Qliggol, 9 jg,
4f'
Gnv 0 J4 ron -proTiwA'
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1,f i.gb.Ahn mcel, 1I p..rcent .
Ilprotcin, Chicage.o .......... 51.90 51.3. 90 4, 62 5
I : I:. .' '.-" ., -:. J
gfpilcd from Oil, Pauit and D r r t.r 7DailyF e 0k ctce
i.:'ficago Journal of Comnncrcc, reports -of. th, Bureau -of ..Agerulitur.la.Z
d. r.'..cords of the Production and Markoting Adminis tta l,"
Bagged carlots. .
.:/ Original quotationi a'djutcid to 1baggLd-carlots basis.

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UNIVERSITY OF FLORIDA

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