5-245.2 TRENDS AND PROJECTIONSThis section presents information on futures prices forvegetable oils, and how recent trends in consumption andproduction may be useful in predicting future supply anddemand for vegetable oil.5.2.1 Futures PricesSoybean oil and some oilseeds are traded on the futuresmarket.
related diversification. A process that takes place when a business expands its activities into product lines that are similar to those it currently offers. For example, a manufacturer of computers might begin making calculators as a form of related diversification of its existing business.
Diversification strategies can also be classified by the direction of the diversification. Vertical integration occurs when firms undertake operations at different stages of production. Involvement in the different stages of production can be developed inside the company (internal diversification) or by acquiring another firm (external diversification).