Amid price changes, U.S. soybean oil prices have risen
U.S. soybean oil prices have risen dramatically in 2025, to a 15-year high, driven by favorable prices and a shift in trade. January shipments reached 212,714 metric tons, the largest since 2010, compared with just 171,417 tons in the 2022–2023 marketing year. The lower U.S. soybean oil prices have resulted in increased export demand, especially…