KANSAS STATE UNIVERSITY
Evaluation of the current soybean situation in Ecuador
A DEFICIENCY OF FOOD OIL IN ECUADOR HAS INCITED AN INCREASE IN SOYBEAN PRODUCTION, AND IT HAS RISEN FROM APPROXIMATELY 1700 METRIC TONS IN 1973 TO AN ESTIMATED 7500 METRIC TONS IN 1975.
Shimon, D. F.; Daniels, Archie · 1970
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Abstract
PROJECTIONS FOR 1976 ARE 15,000 METRIC TONS OF SOYBEANS. FARMERS ARE ORGANIZING AS ASSOCIATIONS FOR INDUSTRIAL DEVELOPMENT AND FOR ESTABLISHMENT OF A CREDIT BASE. THE AVAILABLE TOTAL OIL EXTRACTION CAPACITY IS 365 METRIC TONS/DAY. IT IS REASONABLE TO EXPECT THAT NO MORE THAN ONE-HALF THIS CAPACITY WILL BE USED FOR SOYBEAN EXTRACTION. THIS REPRESENTS APPROXIMATELY 11,000 METRIC TONS OF SOYBEAN OIL PER YEAR. ON THIS BASIS, ECUADOR"S EXTRACTION CAPACITY IS ADEQUATE UNTIL 1980 AT PRESENT CONSUMPTION LEVELS. AN ADDITIONAL 240 METRIC TONS/DAY WILL BE REQUIRED TO SUPPLY 1985 NEEDS. IN GENERAL, THE SOYBEAN PRODUCTION PROGRAM APPEARS TO BE SOUND AND RECOMMENDATIONS ARE MADE TO MAKE IT MORE EFFICIENT.
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