date:Oct 16, 2012
Global demand for vegetable oils for food and biofuel use is expected to increase by an additional 23 million tons by 2016; however supply is expected to struggle to keep up with the demand, according to a new report from Rabobank.
According to the report, Finding the Food-Fuel Balance, vegetable oil stocks reached a 38-year low in 2012 due in large part to constraints, such as land availability and adverse weather. For the past four years, the worlds stock-to-use ratio for vegetable oils has b