The Value of Soybean Oil in the Soybean Crush

Scott Irwin

Scott Irwin

University of Illinois at Urbana-Champaign

This academic article explores the correlation between the boom in biodiesel and soybean prices, based on soybeans being the main feedstock used in biodiesel. U.S. soybean oil is a preferred ingredient of numerous high-value and high-volume industrial products.