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 (marketing strategy) Diversification is a corporate strategy to enter into a new market or industry in which the business doesn't currently operate, while also creating a new product for that new market. This is the most risky section of the Ansoff Matrix, as the business has no experience in the new market and does not know if the product is going to be successful. Diversification is one of the four main growth strategies defined by Igor Ansoff's Product/Market matrix: Ansoff pointed out that a diversification stra