hot sale performance soybean oil processing in United States

Soybean Oil Prices and Soybean Oil Futures Prices

  • hot sale performance soybean oil processing in United States
  • hot sale performance soybean oil processing in United States
  • hot sale performance soybean oil processing in United States
  • hot sale performance soybean oil processing in United States

USDA ERS Related Data & Statistics

Soybean Processing in the US IBISWorld

Soybean Processing in the US Industry Market

Soybean Oil USDA Foreign Agricultural Service

  • How much did soybean exports add to the US economy in 2024?
  • ST. LOUIS (Jan. 26, 2024) — U.S. Soy complex exports (whole soybean, soybean meal and soybean oil) added $39.8 billion to the U.S. economy in marketing year (MY) 22/23 on a volume of 67.6 million metric tons (MMT). The shining star: U.S. soybean meal exports broke records for both volume and value at 13.2 MMT and $6.91 billion, respectively.
  • Will soybean oil prices affect future biofuel production?
  • Prices for soybean oil and alternative feedstocks may also influence future biofuel production. U.S. soybean oil supplies—including current crop output, imports, and the remaining supplies from the previous marketing year—are estimated to reached 28.6 billion pounds in the 2021/22 marketing year.
  • Why did soybean oil production increase over the past 20 years?
  • Over the past 20 years, U.S. soybean oil production increased 7.2 billion pounds to 26.1 billion in 2021/22. The rise in production has not just been a result of an increase in the volume of soybeans being “crushed” into soybean oil.
  • What is the soybean & oil crop outlook for 2024/25?
  • See the latest Soybeans & Oil Crops Outlook report. USDA, National Agricultural Statistics Service’s (NASS) Crop Production report this month indicated the 2024/25 soybean production at the record level of 4.6 billion bushels, marginally lower than last month’s forecast.

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