date:Oct 16, 2012
een on a declining trend and will reach a low of 7.5% in 2013, a level not seen since the mid 1970s. The decline is largely down to supplys inability to keep up with rising demand. Production shortfalls in recent years have resulted in a draw-down of stocks that is unlikely to be reversed in the near future.
Although global demand for vegetable oils for food uses will continue to increase, Rabobanks expected annual growth rate for the next five years is 3.3%, lower than the 4.7% growth rate see