Acquired Quote by David F. Houston
“The value of the beans for oil production, as well as for human food, has become recognized so quickly and so generally during the past year that the crop has acquired a commercial standing far in excess of its previous status.”
About This Quote
Source Report: Agricultural Journal, 1913
Bean oil’s rapid rise in food and fuel markets has elevated its commercial importance beyond previous expectations.
In simple terms: Bean oil became commercially vital quickly.
Consider emerging markets.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy planning
- food security
- energy sourcing
Key Concepts
Questions to Reflect On
- What risks accompany fast market growth?
- How can sustainability be ensured?
May overlook environmental impacts of rapid expansion.