This statistic shows the production of edible soybean oil in the United States from 2004 to 2023. According to the report, U.S. soybean oil production amounted to approximately ** billion pounds in 2023.

US soybean oil futures are influenced by factors such as supply and demand dynamics, weather conditions, government policies, and overall economic factors. Traders can profit from price changes or hedge against declines.

According to the report, U.S. domestic soybean oil consumption amounted to approximately **** million metric tons in 2022. This constitutes an increase of about ******* metric tons in comparison to the previous year.

The price of US soybean oil is influenced by various factors including supply and demand dynamics, weather conditions, government policies, and global market trends. Understanding these factors and regularly monitoring market developments is crucial for stakeholders in the soybean oil industry.

Soybeans rose to 1,015.03 USd/Bu on August 15, 2025, up 0.75% from the previous day. Over the past month, Soybeans's price has risen 0.15%, and is up 8.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on August of 2025.

The US soybean farming industry is navigating significant changes in the current period, with soybean prices determining the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices, paired with record-high soybean production, have sharply dropped soybean prices, bringing revenue and profit down with them as farmers struggle to balance costs with lower incomes. Industry has shrunk a compound annual growth rate (CAGR) of 2.6%, with a decrease of 8.7% in 2025, reaching an estimated $44.2 billion. US soybean exports are facing mounting challenges due to competitive pressures abroad and quickly evolving trade policy. Brazil’s increased production and improved export infrastructure have strengthened its position as a major supplier, particularly to China, which is reducing its reliance on US soybeans. This shift threatens US exports and compels American farmers to reassess their strategies, focusing on market diversification and emphasizing quality and sustainability to remain competitive. Rising geopolitical tensions and newly imposed tariffs, such as those affecting key markets like the EU, Canada and China, have further complicated trade, impacting US farmers' access and pricing power in these vital markets. Through the end of 2025, soybean prices are initially projected to decline due to increased production and growing global supplies. However, as climate change impacts crop yields through extreme weather and pest challenges and supplies become limited prices will be pushed upward alongside rising global demand. Subsidies will continue to play a vital role in supporting farmer incomes amids these fluctuations, providing some stability to an otherwise highly volatile industry. However, the industry faces significant uncertainty due to the ongoing USDA funding freeze is creating significant uncertainty, particularly where government support and subsidies are concerned. This freeze is affecting a wide range of agricultural programs including conservation efforts, market development, research and technical assistance. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues reaching $47.1 billion by the end of 2030.

United States Long Term Projections: Soybean Oil: Beginning Stocks, October 1 data was reported at 1,807.072 lb mn in 2034. This records an increase from the previous number of 1,787.072 lb mn for 2033. United States Long Term Projections: Soybean Oil: Beginning Stocks, October 1 data is updated yearly, averaging 1,787.072 lb mn from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 1,991.000 lb mn in 2022 and a record low of 1,607.072 lb mn in 2023. United States Long Term Projections: Soybean Oil: Beginning Stocks, October 1 data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.

Why did the Soybean Oil Price Change in July 2025? In Q2 2025, North America’s soybean oil market showed a consistent upward trend with an average quarter-over-quarter price increase of approximately 3.87%, and the soybean oil spot price reaching USD 1,115 per unit in June.

Soybeans are a popular source of protein among Americans who abstain from consuming animal products. The production value of soybeans in the United States amounted to **** billion U.S. dollars in 2024. Soy Consumption in the United States Soy products find their way into American diets on a daily basis. Soybean oil is a popular ingredient in margarine as well as other processed foods. In 2021, consumption of soybean oil in the United States reached **** million metric tons, the highest volume it has been in the last two decades. Soy Milk Soy milk is a very common plant-based milk alternative which is expected to become even more popular in the coming years, perhaps due to the increasing popularity of plant-based diets among Americans. The share of Americans who eat soy foods or drink soy beverages increased between 2011 and 2019. Soy beverage sales in the United States is expected to increase over the next few years.

Explore the intricacies of soya oil futures, key to agricultural finance, influencing risk management and price discovery. Learn how macroeconomic factors, market dynamics, and trading strategies impact soybean oil futures, vital for producers and traders in securing stable prices and speculating on market movements.

Graph and download economic data for Global price of Soybeans Oil (PSOILUSDM) from Jan 1990 to Jun 2025 about beans, oil, World, food, and price.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Crude Soybean Oil, Degummed, Made from Soybeans Crushed in the Same Establishment was 152.31400 Index Dec 2007=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Crude Soybean Oil, Degummed, Made from Soybeans Crushed in the Same Establishment reached a record high of 152.79200 in March of 2025 and a record low of 69.20000 in August of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Crude Soybean Oil, Degummed, Made from Soybeans Crushed in the Same Establishment - last updated from the United States Federal Reserve on July of 2025.

Innovation, sustainable practices, and global demand propel the United States' soybean oil market outlook for 2028.

Get the latest insights on price movement and trend analysis of Crude Soybean Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Forecast: Soybean Oil Market Size Volume in South America 2023 - 2027 Discover more data with ReportLinker!

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Soybean Oil, All Other Types (WPU064101312) from Dec 2007 to Jun 2025 about chemicals, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

This dataset provides the scenario output data assessed in the following publication: Understanding Uncertainty in Market-Mediated Responses to US Oilseed Biodiesel Demand: Sensitivity of ILUC Emission Estimates to GLOBIOM Parametric Uncertainty Neus Escobar, Hugo Valin, Stefan Frank, Diana Galperin, Christopher M. Wade, Leopold Ringwald, Daniel Tanner, Niklas Hinkel, Petr Havlík, Justin S. Baker, Sharyn Lie, and Christopher Ramig Environmental Science & Technology 2025 59 (1), 302-314 DOI: 10.1021/acs.est.3c09944 Data included consist of 1. outputs for a central baseline scenario and policy shock which mandates an additional 1 billion gallons of soybean oil biodiesel consumption within the USA 2. calculated scenario differences for each trial under a one-at-a-time sensitivity analysis 3. calculated scenario differences for each trial under a Monte-carlo sensitivity analysis 4. calculated results from a Bayesian Additive Regression Trees (BART) analysis. Citation information for this dataset can be found in Data.gov's References section.

Forecast: Soybean Oil Market Size Volume Per Capita in the US 2022 - 2026 Discover more data with ReportLinker!

Forecast: Soybean Oil Processing in the US 2022 - 2026 Discover more data with ReportLinker!

Forecast: Soybean Oil Production in the US 2023 - 2027 Discover more data with ReportLinker!