Global Ending Stocks of Vegetable Oil are Expected to Fall 16% in 2010/11 Resulting in Extremely Tight Supplies

From the May 2011 USDA Oil Crops Outlook Report:"This fall, a lower domestic supply and larger stocks in South America could dampen U.S. soybean export demand." A combination of corn demand for mandated ethanol by the U.S. government and soybean use for biodiesel production is leading to reduced soybeans on the market in the U.S. this coming season, raising soybean prices in the U.S. and making