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Fats and Oils Situation, Vol. 123: January-April 1948 (Classic Reprint): January-April 1948 (Classic Reprint)

Fats and Oils Situation, Vol. 123: January-April 1948 (Classic Reprint): January-April 1948 (Classic Reprint)

          
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About the Book

Excerpt from Fats and Oils Situation, Vol. 123: January-April 1948

Supply prospects indicate that prices of edible and soap fats and oils ln' the rest of 1948 are likely to average at least as high as in March if general business activity does not decline. March prices of these fats, excluding butter, averaged about _5 percent below 1947. Prices of drying oils in March were about 15 percent below the 1947 average. Since supplies of drying oils probably will continue relatively plentiful, their prices are likely to continue lower than in 1947. The price of linseed oil is near the support level specified in CCC contracts with crushers for the 1947 flaxseed crop.

In March 1948, the index of wholesale prices of 26 major fats and oils, excluding butter, was 265 (1935 - 39 100) compared with 261 a month earlier and an average of 285 for the year 1947. Coconut oil prices were unusually high in March in' relation to prices of edible oils. And soap fats. In early April, prices of edible vegetable oils advanced sharply.

Production of animal fats during the rest of 1948 is likely to be below a year earlier. Cattle slaughter, in relation to a year earlier, has been declining since la st October. The number of cattle on feed in the Corn Belt on April 1 was 25 percent less than last year. Hog slaughter since September 1947 has totaled slightly more than a year earlier and probably will be about as large this spring as in the spring of 1947. However, a decline in hog slaughter is expected next summer and fall.

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.


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Product Details
  • ISBN-13: 9780364098271
  • Publisher: Forgotten Books
  • Publisher Imprint: Forgotten Books
  • Language: English
  • ISBN-10: 0364098279
  • Publisher Date: 25 Apr 2018
  • Binding: Paperback


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