The Value of Soybean Oil in the Soybean Crush

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.

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Disclaimer: The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the policy or position of U.S. Soy.
Scott Irwin
Scott Irwin

Farmdocdaily

University of Illinois at Urbana-Champaign

Scott Irwin is an agricultural economist at the University of Illinois; Lifelong fascination with commodity markets; Iowa farm boy still involved in managing family land