Developing countries and the international oilseeds market.
The article reviews the history of the oilseeds market from the pre-war period to the present day. In the 1930s, the main producers were in Asia, Africa and Latin America, most production going to the USA and Europe for food and industrial use. In the post-war period, these traditional producers faced increasing competition from US production of soya, a byproduct of cattle cake with virtually no production costs. In addition, former colonies lost their markets of preference through the creation of the European Common Market, and often taxed their own production to finance industrial development. In the period 1972 to 1992, however, there was a certain revival in oilseed production in developing countries, though more in palm, rape and sunflower than in the traditional copra, groundnuts or linseed. Most of this revival was concentrated in Malaysia, Indonesia, Brazil and Argentina: other areas, especially Africa, have continued to become marginalized. This revival was aided by both state support inthese countries and by an increase in demand in other developing countries. It is predicted that this will continue, especially for palm-oil, partly because changes in agricultural policy in developing countries will lead to a fall in production there, and partly because of the increase in internal demand in Brazil.
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| Format: | Texto biblioteca |
| Language: | ng |
| Subjects: | Developing Countries, oilseeds, production, trends, world markets, Oilseeds, |
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