Soybean Oil Price Chart, Historical and Forecast Analysis Provided by Procurement Resource
Soybean oil is obtained from soybean seeds and is used as vegetable oil. Soybean oil is produced by cracking soybeans, adjusting the moisture content, heating them between 60 and 88 °C (140–190 °F), then rolled into flakes and diluent-obtained with hexanes. Subsequently, the oil is refined, combined for specific applications, and at times hydrogenated. It…