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Abstract

U.S. soybean production is projected to increase 20 percent from 1975 to 1,835 million bushels by 1985, despite increased competition from Brazilian soybeans and rising palm oil imports. Exports, especially in the form of beans, are projected to increase during the next decade. Domestic food fats and oils consumption is expected to increase with soybean oil maintaining its position of the total. During the next 10 years, demand for livestock and poultry products is expected to rise, boosting demand for soybean meal as a livestock and poultry feed.

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