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.
Diversifying into new business areas not only gives you the opportunity to significantly increase your income, but it also protects you in the event your core business takes a temporary or long-term nosedive. Analyze diversification strategies based on their potential revenues and affect on your core business to achieve them.