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_00068
Classification:
lcc - HD9490.U5 A33
ddc - 380.1/41385/0973
System ID:
AA00005305:00068

Related Items

Succeeded by:
Fats and oils outlook & situation

Full Text











BUREAU OF AGRICULTURAL ECONOMICS
UNITED STATES DEPARTMENT OF AGRICULTURE

ii FOS4i103 "UO CT
.. :. ...


FATS AND OILS: PRODUCTION FROM DOMESTIC MATERIALS, NET
FOREIGN TRADE AND DOMESTIC DISAPPEARANCE,
UNITED STATES, 1912-45
POUNDS ,-- |


P Net exports'
-2 I IJ1 1 I I I I I I I I I I I I
1912 1917 1922 1927 1932 1937 1942 1947
A FAT AND OIL PRODUCTS NO DAFA INCLUDING OILSEEDS AND MANUFrACTUIED PRODUCTS IN rTRMS OP or
195s PAMTL ESZTIATED 1943 AND 1944 ARE PREI IWINART


u. LD PArWTMrm or Os ANICLTUEr


MUn. 4s55 BUREfAU OP AeMiCULTUEAL ECONOMICS


I. r: spte curtailed imports and increased exports, consumption of fats and oils in
40 iif-lted statess during the war was maintained at a high level by a greatly expanded
tic output, notably of lard, grease, linseed oil, and soybean oil. Domestic pro-
ctibon decl.ied in 1945, however, and for the next year or two is likely to be less
ani 10 billiodpounds, compared with the wartime peak of 10.8 billion pounds. Imports
will increase materially in the next two or three years as world export supplies expand
t:*o te pres wr viume.
i:.. Assming a high national income and a high rate of industrial activity, domestic
ad for fats and oils in the next 2 years probably will be strong enough to support
.ry consumption of. about II billion pounds at prices only slightly to moderately
Sani. n .94.5.


r A 1.,


S I NATION


OBER 1945








L.- lnolesale pro per pounn6 r s rae oai, ana &Jyoeran ms specaraTe rcese, an


:umoers of pr ibesr rof f at a 011o september ,

1 PRICS8
Item



Butter. 92-score, Chicago ........,'..... ..........................
Butter. 92-soore. New York a.....................................
Oleomargarine, dco. Veg.. Chicago ...............................
*Shortening containing animal fat, 1-pound cartons, Chicago .......
Lard. loose, Chicago .............................................
lArd. primn steam, tierces, Chicago ...............................
Lurd, refined, 1-pound cartons, Chicago ..........................
Oleo oil, extra, tieroes, Chicago ........... ....................
Oleoatearine, bbl., N. Y. ........................................
Tallow. edible, Chicago ..........................................

Cprn oil, crude, tanks, f.o.b. mills .............................
Corn oil, edible, returnable drums, 1.C.l., Y. ................
Cottonseed oil, crude, tanks, f.o.b. .E. mills ...............
Cottonseed oil, p.s.y., tank cars, N. Y. .........................
Peanut oil, crude, tanks, P.o.b. mills ...........................
Peanut oil, refined, edible (white), drums,. Y. .................
Soybean oil, crude, tank care, midwestern mills ..................
Soybean oil, edible, drums, l.c.l., I. Y. ........................
Sunflower oil, seml-refined, tank care, f.o.b. N. .............

: abb asu oil, tanks, Y. ........................................
K Coconut oil. Manila, crude, c.1.f. Pacific Coast 1/ .........
Coconus oil, Ceylon. crude, bulk, H. Y. .......................
Olive oil. California, edible, drums. Y. ......................
Palm oil, Congo. crude, bulk, N. Y. ..........................
Rape oil, refined, featuredd, bulk, m Orleans ..................

Tallow, No. 1, inedible. Chicago .................................
' Grease, A i'hte, Chicago .........................................
Menhaden oil, orude, tanks f.o.b. Baltimore .....................
SSardine oil, crude, tanks, Pacific Coast .........................
Whale oil, refined, bleached winter, drums, H. Y. ................
Cottonseed oil foots, raw, (60% T.F.A.) delivered, East ..........

Linsed oil, raw, tank cars, Minneapolis .........................
Linseed oil, raw, returnable drums. carlots. N. Y. ...............
Olticisa oil, drums, f.o.b. N, T. ................................
'Tun oil, returnable drums, carlots, N. Y. .......................

Castor oil, No. 3, bbl., N. Y. ...................................
Castor oil, No. 1. tanks, N. Y. ..................................
SCastor oil, dehydrated, tanks, N. Y. .............................
Cod-liver oil, med. U.S.P., bbl., N. Y. ..........................
SCod oil, Newfoundland, drums, I. Y .............................. ...

SGlycerin, soaplye, basis 80%, drums or tanks, H. Y. .............


3 891 and 1944. July-September 3066


I September a


I


| ---
* 11.0
S 11.8
S 62.7
S 11.4
: 21.5

S 8.4
8.6
S 68.9
S 8.9
* 12.3
S 3.6

s 14.4
s 15.3
26.2
S 39.0

S 13.8
S 13.'
17.7
s 36.5
S 12.0

S 11.5


INDEX .NUMBLtS (1924-29 = 100)


Bight domestic fate and oils (1910-14 = 100) .....................:
Sight domestic fats and oils .....................................

All fats and oils (27 items) .....................................
Grouped b origin,
A i al rate ....................................................
Marine animal oils .............................................
Vegetable oili, domeatio .......................................
Vegetable oils, foreign ........................................
Grouped b uses
Butter .......................................................
Butter, seasonally adjusted ....................................
Lard ...........................................................
Other rood fate ................................................
All food fats ................................................
Soap rate ........................................ ............
Drying oils ....................................................
Mi cellaneous oils .............................................
All industrial fate and oils .................................


142 142 142
101 101 101

108 108 108

96 96 96
132 132 131
132 134 134
157 156 156

93 93 93
92 92 101
105 105 105
139 141 141
103 103 103
120 120 120
150 149 146
117 116 115
132 131 131


142 142
101 101

108 108

96 96
131 131
134 134
16 156

93 93
96 92
106 195
141 141
103 103
120 120
148 148
115 119
131 181

New York). and
duties included
87 (1940) and


".a
.... ag ibie


I


a


1943
Cents

41.8
42.5
19.0
17.0
12.8
13.8
15.6
13.0
10.6
u.9

12.6
16.2
12.8
14.0
13.0
16.3
11.8
15.0
14.3


Prices complied from Oil, Paint and Drug Reporter, The National Provisioner, The Journal of Commerce (
reports of Production and Marketing Administration ana Bureau of labor Statistice. Bxcise taxes and di
where applicable. Index numbers of earlier years beginning 1910 are given in Technical Bulletin Ko. 7J
The Fats and Oils Situation beginning Decemer 1940.
Y Three-cent processing tax added to price as originally quoted. 2/ C.i.f. New York. 3 Tanks only.


1944
Cents

41.5
42.2
19.0
17.0
12.6
1546
15.6
13.0
10.5
9.9

12.6
16.5
12.8
14.3
13.0
16.6
11.8
15.2
14.3

11.1
11.0
11.8
60.7
11.4


8.4
8.8
8.9
8.9
12.3
3.6

14.3
15.1
20.4
39.0

13.9
13.0
17.7
31.4
11.7

3/10.0


July
Cants

41.5
42.2
19.0
17.0
12.8
13.e
15,6
16.6
13.0
10.5
9.9

12.8
16.6
12.
14.3
13.0
16.5
11.8
15.4
14.3

11.1
11.0
Il.e
11.9
60.7
11.4
11.6

8.4
8.8
8.9
8.9
12.3
3.6

14.3
15.1
24.4
39.0

13.8
13.0
17.9
33.2
11.b

3/11.1


1945
SAurust
Cents

41.6
42.2
19.0
17.0
12.8
13.e
18.6
13.0
10.5
9.9

12.0
16.6
12.8
14.3
13.0
16.5
11.6
18.4
14.3

11.1
11.0
11.8
60.7
11.4
11.6

8.4
8.8
8.9
8.9
12.3
3.6

14.3
15.1
24.6
39.0

13.8
13.0
17.9
33.2
11.5

3/11.1


re


Cents

U.6
42.2
19.0
17.0
12.8
13.8
15.6
13.0
10.6
9.9

12.0
16.6
12.8
14.3
13.0
18.5
16.8
11.8
16.4
14.3

11.1
11.0
11.8
60.7
11.4
11.6

8.4
8.8
8.9
0.9
12.3
3.6

14.3
16.1
24.8
39.0

13.6
13.0
17.8
33.2
11.6

3/11.3








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Arl-,,'1941 "pilee c eiliirgt; -e Omoie

ito hlEk ',,fat t,, 4YA
C!

# hlghptice'.-,' n'v q3dat f6r -0114, prices a;fl dom*iMc, oilseedl
14 hah -Vil, th:e riirrelt maildtl
it 119: ye4.tj
In 'jpX-6'tjDamt for'-'6ilite i3l
r- i,6,e V, ea 7-h6' in
1 at 4; 19 46, an-c!

,l Dozand' for high-protei,' f oeds may. bi), e' a,
n 1 st. fi&,alkimg -tht

lot, -thMr 194,, ret"I t
probable in, re -ur,4.



'04 sapported, b',lleans of, j3ji3
b;e spr'* siibIsicli w

av e r ng,;Fn hoia. Q

,44*t-hO toil, azid, ',meal e-q' an:s

an er A9 'Coatr, cam
are, lto4, tD

0 th ZlIt
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of ;i. d6kimIng

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ee roo im 1946'a47-OurA
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however, will.be .in impo0rto.. uGppra ;: Tq o$ |

and. -some. increase inmpport of f.flasee. i '' ks .. a~.

and. fats. will be ma. .e.pe.ially in th 1ei h.t .f 19 *

diversion under ineiatiotal alleoosati of a sblibteian m~t
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ger ouantitiee of eoybas e will.be eorteJ d Oath.e:
of cottoneeed oil will be substantially smaller in the
a year earlier, because.of an indicated, reduction .o, 2Q p.s'W. t ti
cotton crop. Balancing out these factors, total proA64 d .oa' o sji


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oils and fate advance,* Oil. now relattiely igh 1 ,


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'hel QVt 9 i IS L' E Cl 70 pel,Ill
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setd for oil, and, 1)aaritz for
*Lsndment 11 tD be su]pported at'90 percent'
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However, acreage of intertilled crops in the .orn Belt.:
excessively large in the last 1 years, al there 6I. cst e 1ti a.
on the part of farmers to reduce soybean acreage aI 'entl f-0
pasture and hay crop.e A reduction in soybean acreage i. lilke.y

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ports ain 194 wwvre j14ccqo~ta oil i
soybean oil, and soyrboans, peanadvoilto'" 0 A*
.oey to pea ivAepoal i
Adreages off flazsped and p'patit-9,64-a
tively high-prices-for, fats and oils Il l61i
suprolies appeoazh' the 'prevar leviels
oils may be slower in reAthing, full :ptike
restore, neglected pattosa@poea
Recovery of -whae oil produetidn dAyph
A number of British and Nor~weiga Alig
khe Antaretir,. Praodwtion of vP441e o~ai .1+
the pre&war level,+and, wth adc Utini
proach the -prewar annual total af Ov~eyr I hl
Por -and cee p Eault copra, ~
may roucngareas +prpoably will total hAts s
oil compared, with worla exp~ortsbef ore, th-P, wax
Geylon and eastora Oceania were ithe 'onjymanjor sbr+
i.ng available to the United, Natonze after tho Ja
Viylittle. copra i~s being e~tp6,rt-,d in. 1945 ftro _
t-he Japanese during the war.

Iii the Philip-pines, pr~odue, Ao, an d exports, of c
severe shortages of inter-island ship ing,'tukbgi
aqd ocean-shipping, space. St eps are cling t,%ken to aGr
V& organize procurement:4nd export. With ho-stilitiet dve
now moe frely available' the;P41liPPines are'likeI7.0
esecor xort s-on a laSrge. scale. In the eqtherlaad4pL
Ut will e necessary to jr-eestablish -e 'onomic conditions' on+
bas ed, such 4s a.A adequate-supply of consumer goo(Ls, markeA
shipping arrangementss. as well asl et,-biliz'se the politha1+

Net, exports. of coppa and po'ponut oil f rom prince
prewar yer avera e 19 -38) wete as. f oll owsA in terms 6k
Billion -pounds j
Philippine Islands 757
Netherlands, Indie~s 702
British Malaya 209
Ceylon 234
Other Asia 1
Oceania 304
Africa 9
Total 2,11

,Flaxseed. and linseed oil -World export sup-oli-es of f as
oil in 1945 may total Orly 400 t-o 500 million povzds in terms -ofot
a prewar average of 1,350 million pounds. This redadtion is due Ie
ceptional ly small export surplus this year in.Argentina. In 1930-161';
Produced on the aver-age about 67 million bushels of flaxseed and exp-y
60 million bushels annuAlly, equivalent roughly~tQ 1.1 billion -oodes
The wartime loss of continental Europeali markets fo'r flaksped, together
severe curtailment in import sunrlies of fuel oil and coal, led to ee
considerable flaxseed stocks in Argentina into oil and meal to be h







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t2mc t AS
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Inyt, exp Vdr,', expect e
t6f m C- It, kA t e J, f rqN
O'Q railli,A- inaz (11i",4" t.of Oil-),
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or t -4 no
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Uottonseed and. oybean--rospects ..

Weather conditions were.again unfavorable. in SeptemberiwI
velopment of the cotton crop. Production of cottonseed this ~reil
indicated at 4,030,000 tons (assuming an average relationship )I
and seed output) compared with an indication of 4,135,00b takes o6:I
The 1944 pioduotion of cottonseed was 4,901,000 tons. :

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-Table 4.-4ousehold fat, salvage 861t 4t1a apparent
inedible tallow gs rqt$



i Hsehold & ed VLt1
Sfa6t Itallow dpeeta


January 13, 696.
February :14',255
March 16.061
Total, 4. 5 1= 5:9
April 15,793:
Mja7 15, 037.
J-une 3.4. g44
T ot al 4 '502,3-9 -
July'Z 12, 5 T
Auguitt 12,763
September1.0
Total 186
\Octotner :11,607
November :11v505
.December '-10,614
tot al 32z2.6

'Total for Year *158,749 21j, 943j062 -9.2
To-us eh~old fat salvage collections based oifept t t7Of 6
by renderers and master collectors. Apparent -,r o duct ion. of, in
grease comput ed from factory cohoumpt ion, emor x-- eo r ts
the Census)., Compa;rable data from begin Ining of fat. -salvaig( 7=o
are given in The, Fats and Oils. Situation for Febriiary 1945 p
(p. 1-0).
-/Preliminary. 2/Computed fxom unrounld:d humbers6

USD& Purhi~s.fFt and Ol

Contracts to purchased fats- a~nd. Aile 1b the DepartmetaA
totaled 44 million pouncl.s in. July, 20Q mill ion nound~s in Avggtst
-pounds in September, compared w'it h average '0,irchaies of 52 ill'l
monthly in January--Jun~e. Up to Aiag~st 91, quant it ie purchasedse
chiefly for export uxnd~er lentl-lease aind..for -,hipment toU 4
special programs, Quantities, purchased. 'skitce, then alio 'ire,'
but hes exprtswill bef iane d lrgel 'b r e e t f
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406 1 w l' ""t,
,,, I I -1 ,o ,,
1,1, I tA II'j`V ';'-,4 I r, *, 'tl L, ) 1, 11 I ) -
ot'ls 6r w, e, i I br',Vvvltt
f 7'5

t, 119, ar a a
I", I l I X
'aUt il I 4z P-d

a
A t `42
b:h vie, 6,4 A 6,P;aeht
4 q=
TI
4-ev Ial
'o ms

ts, painto lbioloum. 'an
bl -tot az Q f4t!z and Di18 ftrItliviii
4 e ci, cr hc)w 6hold ul c Ii, e p
TI by'A L poidaorit 0 4A .,
a, re -S tr, c ,8 1s t hl? use "At S,

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tribution of castor oil, also ws terminated& Qtobe r' .1" i
ing fats and oils now continuing in force are -WO 29' (aloc~MSu'
olls),"WO 35 (limitatiop on use of ".apeseed and mustatdi i ''
42a, and 42b (general limitation 'orders), WO 43 (liifitatibuit .
babassu, and palm. kernel sils), WO0 67 (restrie ions on-aAve
tallow and greases), and WF0.124 restrictionss oii lihs'eed oi.
WFO 59 authorizes rationing'of food fats.., and .'IQ 63 restriotst:
portation of certain fats and oils. : :-

Tallow Returned to Import Control

Edible and inedible tallows were ineluded-witAhe ist.
subject to War Food Order 63, b- Amendment 5, effective SepQID
had been committed .from this list in Amendment .,- effective l t'
WFO 63 requires specific authorization 'for private ifd6rotas;f'
food and agricultural products. : .".:!

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74,1
7777777,
Ion 4,,
1 4 ,1
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coo TWO
41 ,
'34 IqFI
4 5 On Q
1, 4
too W xf- 715 729
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t',''Qb t i I nqp ut e, d fr a m,,i*, pro,
'4,
t4
peany
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u e,
fA clb
pro4i2remnt, b
for
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TOTL., oiz-0e6r11 iTAVeruAL ....................... ... -r*.o n. a.- 1. i?:.,S
eDetu .oted products Itat on ate) .
a rgrine / ......... ..........;:......... ,... -. "tl .. ... 1.1":
S. or nin ........................ t. ... "- ... ... 7
Si ap 1..................,.. ...... ;1.. ........ ... ... .. .. z .. .. 1.
S Total, maufaotured produata .......*.r ....... '
Total. primary rate, oil-baring materials, and --
manufactured products in term of oil *..... ........ 1,059.0 5 76.7 58. S

1:Compiled from Monthly Summary of Foreip n CoMeroe of the United 8ttes, records o tho
the 8 Lepartient of Agriculture. Totals computed from murounded number.
Tne following items are not included allvel Procurement by tih Army In 194MS for Bropean.rlleS, 6 m;iNA
a:rd and 6 million pounds fat content af sop. Procurement tof argarine, hortening, and asp. iy th AsriEI i
i.rIs oner-of-wer packages, in terms of lrt Ctatent, 11 million pounds in 1i6 aRd 10 millia oni alai t .44I :.
~I Includes shipments to U. 8. territories bt butter, lard, and manufoatured produfate reezpo r of' looid ut, i
~bl olive-oil foots, and oopra; and reexports in 1944 and 1945 of certain quantibies of whsae oil and al mlVa i
orbed in orta for oaneumptlon. Shipment Include special program of USDA In 1944 a 1iNS. 5 / Prq1 LaI
partly etirated. L/ s than 0.000 pounds. V/ Inoludoes otual weaght of butter otadr pr"nMa .
reported apseraely prior to 1945. 6/ Hot reported asparately. Se ven-tele2ths of nm l t
6 percent. yIported argarine goes largely to P grt* loo td the V~it Ii
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Oil d. Med
4'
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4 .'/5.0-00 V50-60, 214%

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UNIVERSITY OF FLORIDA
I iUiIi M i||iIIIi
3 1262 08905 1972




iI


+ o.," etI. .., .:':







estua.:: a .. .d
o.i a.-,... spQ. *, ,I ., .
I:... Letpt .N ..)... .. .!.:.'. S. .p,




+. T



.. o .stok .... .... ... 3' th On. .... .
low. .... >.. ....... ,- ..:a..g i. ,.


0 0". ota l, ani"a ,...." ... :.. .... .. ...
So ean oil ...i ..............f 17 .






S:. ea.fl" o"" ." ,,"' .p...w .:9.' 66
,,Lin eed il. ... .. .. .:. : ..8':. .... t ^







Cott.o.ne d .stea .."..... *:7. .. : :.;*..
oyean stei rine .., ..f W.. J, ;i.. '
.Soya flal e ... .... .... ....











i nflowe r oil ........... :. ;: ....:.
QMilo ..t .... ....... .. ....a 9,06


Salt .. ..l.. .....-.... ..s.I...... 1,7 58 1. 29 1 0
oerivatiov d of eyeri". oil.....", : .:
lecit. oil. .... ....,......;..... .1 t


ottdan eed os tearri e .........* 35
B a (enoat of) a.....a. 4,,: 1 .
Cottons flaentrat ..... i.. *: .
Saa ol ir ."...*.a.... ...,** 9 :..
h iotal, domestic veptable.A

n. flower oil ...h......*,... .


Micella.. eoi. ....... .... ..u.i 9 2 -K:
: Total othe. ml..ema .iaL....1.. 1,758 1,82: /K
S ivotal, all fgma eria... ....,3 4t. 3
L cit. in. .. .. .. ..... o .....:.:." .'. z

904:. -.. e..darie nn A, :: .... -34., k :..<" 4% .
ri1tamin' ooncsentrat -V K
.4.
Mic selmnla eou *. ...r ... ..
..- "K Kt
Total, other ~ d l 1K~1
Total. all materials 3
.,. :. ........
Preliminary. / Total of nrowesd %dA rb .; :
5,,. .
: +:'.i -..p+. 9+ 6.+ 6.. :::; ,A,