AOCS Division Newsletter




	printer-friendly version . send feedback on this newsletter Phospholipid Divison web page AOCS Phospholipid Division Newsletter October 2007 Business News: Tight oilseed/oil markets forecast *from inform* August 2007** Global oilseed production has been forecast to decline for the season 2007/08, although the production of oils and fats is seen as improving significantly. These generalizations were made in the World Agricultural Supply and Demand Estimates report numbered WASDE-447-3 and issued on June 11 by the U.S. Department of Agriculture (USDA) (netlink: www.ussoyexports.org/resources/wasde-06-11-2007.pdf), and in a commentary published in the June 22 issue of Oil World. Global oilseed production for 2007/08 is projected at 399 million metric tons (MMT) down by approximately 4 MMT from 2006/07, the first possible year-to-year decline since 1995/96. A projected oilseed production from non-United States sources at 315 MMT, would equate to an increase of 7 MMT over the previous season, inferring a significant drop in production in the United States. Oil World attributes the global production deficit in 2007/08 to tightness in wheat and corn in the current season and sharply higher grain prices that have seen a shift in planting acreage away from oilseeds in the United States, Argentina, China, and some other countries. Unfavorable weather is also noted as a contributing factor, and one that may have a definite impact on any forecasts for the 2007/08 season. Concerns exist that, if La Niña develops, drier conditions will prevail in the U.S. Midwest with a negative impact on crop yields. The situation is further compromised with expectations that global demand for oilseeds is expected to rise by 14 MMT to 410 MMT against the forecast production of 399 MMT, resulting in a sharp depletion of stocks. Globally, soybean production is projected to decrease in 2007/08 by approximately 10 MMT to 225–228 MMT due to predicted lower plantings and projected production of only 77.6 MMT in the United States that could be further subjected to unfavorable weather conditions associated with La Niña. This situation would be the first decline in world soybean production in four years, but is tempered by expectations of increased productions to record highs in Brazil and Argentina owing to increased plantings. Consumption of soybeans worldwide is seen to exceed production in 2007/08 by 10 MMT, leading to a corresponding decline in stocks. Global production of rapeseed (including canola) in 2007/08 is seen at 51.6 MMT, up 4.4 MMT from 2006/07, reflecting increased plantings, but lower than anticipated due to weather problems in Europe and China. Higher productions are forecast for Canada, India, and Australia. The lower global sunflower seed production at a three-year low of 30.6 MMT for 2007/08 is seen as a consequence of smaller crops projected for EU-27 and Ukraine. Cottonseed is set globally to decline by 0.6 MMT to 43.3 MMT in 2007/08 owing to reduced plantings and lower production in Russia, Brazil, China, Turkey, and Australia. A recovery of 0.9 MMT is forecast for peanut (groundnut) output to 23.8 MMT, but the crop is seen as being in difficulties in the United States because of dry conditions in the state of Georgia. Vegetable oil production is projected to increase 5.3% in 2007/08 to 160.2 MMT, led by increases for China, India, and EU-27, but consumption is expected to keep pace at 160.5 MMT. The increased consumption in EU-27 mostly reflects increased production of biodiesel. The contribution of palm oil to the production of vegetable oils, which is forecast for 2008 at 41.8 MMT, up from 38.5 MMT in 2007, shows a slowing growth rate. Global vegetable oil stocks, however, are projected to decline 6% for 2006/07. Also in this newsletter: Message from the Chair, Jonathan Maynes ³¹P-NMR Round Robin Tests on Phospholipids, by Bernd W. K. Diehl, Ph.D. Ring trial validation of a method for the extraction of DNA from soy lecithins, by Waiblinger, H. U.; Ernst, B.; Graf, N.; Pietsch, K. In Memoriam: David W. Yesair (from inform August 2007) Results of AOCS Lecithin Short Course Québec 2007, by Willem van Nieuwenhuyzen Synthesis of 1,3- and 1,2-Diphosphatidylglycerol Moghis U. Ahmad, U. Murali Krishna, Shoukath M. Ali, Sreeti Choudhury, Imran Ahmad. Lipids (2007) 42:291-296 Technical Program 2007 Patent Applications: Enzymatic modification of lecithin Extracts and Distillates: Phospholipid species analysis AOCS, 2710 S. Boulder, Urbana, IL 61802-6996 USA	Division Officers Chairperson Jonathan Maynes phone: 1-314-982-3162 fax: 1-314-982-2899 Vice Chairperson/MDC Gary List phone: 1-309-681-6388 fax: 1-309-681-6340 Secretary Moghis Ahmad phone: 1-847-775-4568 fax: 1-847-887-9281 Treasurer Toni Wang phone: 1-515-294-5448 fax:1-515-294-8181 Member-at-Large Bernie Szuhaj phone: 1-260-489-6849 Member-at-Large Lance Colbert phone: 1-217-451-5802 fax: 1-217-451-2457 Member-at-Large Randy Zigmont phone: 1-203-262-7100 fax: 1-203-262-7101 Member-at-Large Walt Shaw phone: 1-205-663-2494 fax: 1-205-663-0756 Member-at-Large Susan Gurkin phone: 1-770-986-6268 fax: 1-770-986-6282 Member-at-Large Willem van Nieuwenhuyzen phone: +31 72 505 5617 fax. +31 72 505 5618 Immediate Past Chairperson Bruce Sebree phone: 1-217-451-4067 fax: 1-217-451-2693 Past Chairperson Joseph Casey phone:1-260-425-5926 fax: 1-260-425-6435