Understanding Soybean oil prices
Raw materials and production
Soybeans are oilseeds processed by crushing to produce soybean oil and protein-rich meal. Beans, oil and meal are related but separate products. Crop quality and processing performance affect the amounts and characteristics of the outputs.
Applications and consumption
Soybean meal is widely used in animal feed, while soybean oil serves food manufacturing and selected industrial or fuel uses. Beans also enter food processing. Demand for oil and meal jointly influences the economics of soybean crushing.
What affects Soybean oil prices?
Harvest size, weather, export buying, animal-feed demand and competing oilseed prices affect soybean markets. Crushing margins link bean, oil and meal quotations without making them identical. Units, protein quality and product form matter when comparing prices.
How to read Soybean oil price today
This page follows Soybean oil in CBOT. The price type is Futures contract, with values expressed in US cent/pound. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
The latest dated observation is the reference available on this page. Trading holidays or publication delays can leave the displayed date earlier than today; this is not a live tick feed.
Further reading: FAO — commodity markets and trade ↗
Frequently asked questions about Soybean oil
What is Soybean oil price today?
The latest available value is 67.13 US cent/pound, for 10/16/2026. It represents Futures contract. Check the displayed period and market before treating it as a quotation for a purchase today. The latest dated observation is the reference available on this page. Trading holidays or publication delays can leave the displayed date earlier than today; this is not a live tick feed.
What affects Soybean oil prices?
Harvest size, weather, export buying, animal-feed demand and competing oilseed prices affect soybean markets. Crushing margins link bean, oil and meal quotations without making them identical. Units, protein quality and product form matter when comparing prices.
What is Soybean oil used for in everyday life and industry?
Soybean meal is widely used in animal feed, while soybean oil serves food manufacturing and selected industrial or fuel uses. Beans also enter food processing. Demand for oil and meal jointly influences the economics of soybean crushing.
Why can local Soybean oil prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical Soybean oil prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.