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.

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.

Soybeans rose to 1,130.79 USd/Bu on December 2, 2025, up 0.25% from the previous day. Over the past month, Soybeans's price has risen 0.99%, and is up 14.02% 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 December of 2025.

View monthly updates and historical trends for Soybean Oil Price (Any Origin). Source: World Bank. Track economic data with YCharts analytics.

This statistic depicts the average annual prices for soybean oil from 2014 through 2026*. In 2024, the average price for soybean oil stood at 1,022 nominal U.S. dollars per metric ton.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Crude Soybean Oil, Degummed, Made from Soybeans Crushed in the Same Establishment was 169.05300 Index Dec 2007=100 in August 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 169.05300 in August 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 November of 2025.

In July 2022, the soybean oil price per ton stood at $1,686, declining by -6.9% against the previous month.

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

In Q3 2025, North America , the Soybean Oil Price Index rose by 8.9% quarter-over-quarter, in Q3 2025, supported by policy and demand. Check detailed insights for Europe, MEA, South America and APAC.

This statistic depicts the average monthly prices for soybean oil worldwide from January 2014 through June 2025. In June 2025, the average monthly price for soybean oil worldwide stood at ******** nominal U.S. dollars per metric ton.

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.

Graph and download economic data for Global price of Soybeans Oil (PSOILUSDQ) from Q1 1990 to Q2 2025 about beans, oil, World, food, and price.

US Soy Oil Futures, also known as Soybean Oil Futures, are financial contracts that represent an agreement to buy or sell a standardized quantity of soybean oil at a predetermined price and future delivery date on a commodities exchange. These futures contracts are traded on the Chicago Mercantile Exchange (CME), which is one of the largest futures exchanges in the world. Learn more about the key factors influencing the price of US Soy Oil Futures and how traders and investors can utilize these contracts to

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 Sep 2025 about chemicals, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

CBOT Soybean Oil Price data, recent 36 years (traceable to Jan 02,1990), the unit is US¢/lb, latest value is 49.63, updated at Nov 07,2025

Discover why the demand for soybean oil in the United States is expected to rise over the next decade, leading to projected market volume of 14M tons and value of $17.6B by 2035.

Graph and download economic data for Export Price Index (End Use): Soybeans and Other Oil Seeds and Food Oils (IQ001) from Dec 1984 to Aug 2025 about end use, oil, exports, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Soybean Oil, Processed for Inedible Purposes (WPU06410131) from Jan 2004 to Sep 2025 about processed, chemicals, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Crude Soybean Oil, Degummed, Made from Soybeans Crushed in the Same Establishment (WPU064101311) from Dec 2007 to Sep 2025 about chemicals, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Soybean Oil, Processed for Inedible Purposes was 245.77200 Index Jun 1995=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Soybean Oil, Processed for Inedible Purposes reached a record high of 251.69600 in June of 2022 and a record low of 81.90000 in December of 2004. 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: Soybean Oil, Processed for Inedible Purposes - last updated from the United States Federal Reserve on November of 2025.