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Excerpt from Prospects for Foreign Trade in Oilseeds and Oilseed Products: January 1959
Consumption in many of these foreign exporting areas is relatively low, but is ex panding. For example, India, prior to World War II, was one of the major exporters. Today, exports are small and are controlled by quotas. India does this to keep its domestic prices within bounds and to provide an increasing per capita supply for its sharply rising population. Supplies coming out from China also are small compared with historic levels. In general, Asia has declined in importance as a source of exports. Population growth has been rapid and larger quantities are needed at home. There is a good possibility that in the long run this area may actually become a net importer.
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