Edible Oil

Edible oil is purified fat of plant origin, which is usually liquid at room temperature (Saturated oils such as coconut and palm are more solid at room temperature than other oils).Some of the many different kinds of edible vegetable oils include: olive oil, palm oil, soybean oil, canola oil, pumpkin seed oil, corn oil, sunflower oil, safflower oil, peanut oil, grape seed oil, sesame oil, argan oil and rice bran oil. Many other kinds of vegetable oils are also used for cooking.

Oils that are suitable for high-temperature frying (above 230 °C/446 °F) because of their high smoke point include:
Canola oil (marketed as "rapeseed oil" or, sometimes, simply "vegetable oil" in the UK)
Corn oil
Mustard oil
Olive oil, pomace
Olive oil, extra light
Palm oil
Peanut oil (marketed as "groundnut oil" in the UK)
Rice bran oil
Safflower oil
Sesame oil (semi-refined)
Soybean oil
Sunflower oil

Oils suitable for medium-temperature frying (above 190 °C/374 °F) include:
Almond oil
Ghee, Clarified Butter
Cottonseed oil
Grape seed oil
Lard
Diacylglycerol (DAG) oil
Olive oil (Virgin, and refined)
Walnut oil
Mustard oil

High protein soybean meal

After extracting most of the oil from whole soybeans, the remaining product is Soybean mea. The oil may be removed by solvent extraction or by an expeller process in which the beans are heated and squeezed.
Soybean meal is high in protein and energy and is one of the most commonly used protein supplements for Poultry, Fisheries, Dairy and Pig feeds. It is a palatable feedstuff and may be used as the major protein supplement for the above feed sector. Normally it contains 48% crude protein, crude fiber 3%, net energy 81.1 Mcal/100 lbs.

High protein soybean meal

A high protein soybean meal is disclosed. The soybean meal is generated from soybeans that are capable of commercial yields, wherein the meal comprises at least 58% protein on a dry weight basis. The soybean meal of the present invention may also be generated from soybeans comprising a mean whole seed total protein plus oil content of greater than about 64%, on a dry weight basis, wherein the soybean has a yield, under standard agronomic conditions, of at least 30 bushels per acre. Also disclosed is an animal feed containing the soybean meal of the present invention.

Wheat Price Rises

CHICAGO, Nov 15 (Bloomberg): Wheat rose for the fifth straight day on speculation that more of the US crop will be used to feed livestock after the price of corn gained 22 per cent in the past two months.

About 190 million metric tonnes of the grain will be used as animal feed in the marketing year that ends on May 31, the US Department of Agriculture said in a report on November 10. That estimate may rise as corn futures gain, making wheat more attractive as a feed source.

"The feed outlook has a different complexion than a couple months ago when we thought we were going to have $3 corn," said Jason Britt, the president of Central States Commodities Inc in Kansas City, Missouri. "The figures are being recalculated and they're putting more wheat in the equation."

Wheat futures for March delivery rose 7.5 cents, or 1.4 per cent, to $5.5975 a bushel on the Chicago Board of Trade. The contract rose 13 per cent this week, partly on expectations for improved demand. The five-day rally was the longest since January 6. The commodity has gained 20 per cent in the past two months.

Sources: Financial Exp. BD