Excerpt from Fats and Oils Outlook and Situation, Vol. 304: July 1981 Preliminary projections of world oilseed pro duction indicate a record million metric tons, up 7 percent from this year's harvest. Most of the increase is due to larger soybean crops forecast for the United States and Mexico. Increases are also expected for Brazil and Argentina, even though crops in those countries have not yet been planted. Larger sunflower seed produc tion in the United States, ussr, and Eastern and Western Europe and rising peanut output in this country and Senegal account for much of the remaining projected increase. The favorable production Outlook should mean greater use of oilseed products, even though a sluggish world economy may limit demand growth for oil meals and vegetable oils. Consequently, little change in global stocks in expected. This year's u.s. Soybean planted acreage is estimated at million acres million hectares), down 2 per cent from 1980. Lower soybean prices relative to feed grains encouraged producers to trim 1981 plantings. This year, about 15 percent of the soybean acreage will be planted following the harvest of another crop, primarily winter wheat. In comparison, 9 percent of last year's acreage was double cropped. Total us. Soybean production is projected at 2 billion bushels million metric tons). This represents a 9 percent increase over last season's output, when drought cut harvested acreage and yields. 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.