Publisher's Synopsis
Excerpt from Fats and Oils Situation, Vol. 251: January 1970
Soybean prices to farmers averaged per bushel in september-december, lo[ less than the year before. This decline reflected a record supply of soybeans and the lower support rate, along with a strong expansion in domestic and foreign demand. Continued strong demand and heavier earlier movement of soybeans under CCC loan suggest some price strengthening into spring. Mar ket prices moved up this January but still remained below year-earlier levels. Next summer the trade may need to buy some soy beans from CCC as free supplies tighten. In contrast to lower soybean prices so far this marketing year, soybean oil and meal prices have been up, resulting in the most favorable processing margins since 1965. The spot price spread between soy beans and the total value of oil and meal per bushel at Decatur averaged about 50[ in september-december, compared with 19c in the same months the year before and hh[ in 1965. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
