What is the Average Cost of Soybean Oil per Pound/Gallon? Average Soybean Oil Price

The soybean is a legume that is native to East Asia. Soybean oil is commonly used in many processed meals, and other types of food such as soymilk, tofu, soy sauce, natto, fermented bean paste and more. The United States produce the most soy of all main producers at 32% of the growing market. The average price of a gallon of soybean oil is $1.10 per gallon.