Soybean Oil Traders

Soybean oil isa type of vegetable oil that is derived from the seeds of the soybean plant. In addition to being one of the most commonly consumed cooking oils, it’s also often used in many salad dressings and condimentsas well.

What is soybean oil made from?

Soybean oil is a vegetable oil that’s extracted from the seeds of the soybean plant. Between 2018 and 2019, around 62 million tons (56 million metric tons) of soybean oil were produced around the globe, making it one of the most common cooking oils available (1).