Fats and Oils Situation, Vol. 234

Fats and Oils Situation, Vol. 234 August 1966 (Classic Reprint)

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Publisher's Synopsis

Excerpt from Fats and Oils Situation, Vol. 234: August 1966

Monthly average prices received by farmers for the 1965 crop advanced from a low of per bushel last October to a high of in July. July 1966 prices were 68 cents above last year and the highest monthly average since the summer of 195k. Central market prices in early August were still sharply above last year. Soybean prices usually decline seasonally in September as new-crop beans become available. However, prices for early movement of the 1966 crop in September likely will be relatively high. The soybean carryover is expected to be small in relation to requirements (about 2 week's crush), oil stocks are likely to be below average but above last year, and crush and export demand for soybeans and products likely will remain strong. Prices to farmers during the heavy harvesting season this fall probably will average sharply above the 1966 support rate of per bushel, which is 25 cents above the 1965 rate.

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Book information

ISBN: 9780428452100
Publisher: Fb&c Ltd
Imprint: Forgotten Books
Pub date:
Number of pages: 46
Weight: 77g
Height: 229mm
Width: 152mm
Spine width: 3mm