Monthly average, September 2026
Price of crude degummed soybean oil, free on board at the US Gulf.
| Unit | Price (USD) |
|---|---|
| metric ton | 1,615.00 |
| pound | 0.73255 |
| Year | Average | High | Low | Change | In today's dollars |
|---|---|---|---|---|---|
| 2026 | 1,556.11 | 1,781.00 | 1,154.00 | +36.5% | 1,578.11 |
| 2025 | 1,139.67 | 1,307.00 | 1,011.00 | +11.5% | 1,192.76 |
| 2024 | 1,022.00 | 1,145.00 | 912.00 | −8.6% | — |
| 2023 | 1,118.50 | 1,352.00 | 988.00 | −32.9% | — |
| 2022 | 1,666.92 | 1,963.00 | 1,409.00 | +20.3% | — |
| 2021 | 1,385.50 | 1,575.00 | 1,099.00 | +65.4% | — |
| 2020 | 837.83 | 1,026.00 | 680.00 | +9.4% | — |
| 2019 | 765.50 | 834.00 | 734.00 | −3.0% | — |
| 2018 | 789.25 | 871.00 | 728.00 | −7.2% | — |
| 2017 | 850.50 | 889.00 | 794.00 | +4.4% | — |
| 2016 | 815.00 | 917.00 | 736.00 | +7.9% | — |
| 2015 | 755.58 | 797.00 | 720.00 | −16.6% | — |
| 2014 | 906.08 | 1,002.00 | 815.00 | −14.1% | — |
| 2013 | 1,055.42 | 1,192.00 | 990.00 | −13.9% | — |
| 2012 | 1,225.58 | 1,309.00 | 1,138.00 | −5.5% | — |
| 2011 | 1,297.58 | 1,366.00 | 1,203.00 | +29.6% | — |
| 2010 | 1,000.92 | 1,325.00 | 859.00 | +17.3% | — |
| 2009 | 853.08 | 940.00 | 731.00 | −32.3% | — |
| 2008 | 1,260.92 | 1,535.00 | 746.00 | +42.3% | — |
| 2007 | 886.17 | 1,188.00 | 697.00 | +47.9% | — |
| 2006 | 599.33 | 698.00 | 533.00 | +10.0% | — |
| 2005 | 544.67 | 579.00 | 496.00 | −11.9% | — |
| 2004 | 618.17 | 689.00 | 552.00 | +10.7% | — |
| 2003 | 558.58 | 637.00 | 516.00 | +20.9% | — |
| 2002 | 461.83 | 591.00 | 359.00 | +30.7% | — |
| 2001 | 353.25 | 427.00 | 287.00 | +4.5% | — |
| 2000 | 338.08 | 370.00 | 312.00 | −20.7% | — |
| 1999 | 426.50 | 542.00 | 375.00 | −31.9% | — |
| 1998 | 625.92 | 671.00 | 591.00 | +10.8% | — |
| 1997 | 564.75 | 676.00 | 527.00 | +2.4% | — |
| 1996 | 551.50 | 591.00 | 514.00 | −11.8% | — |
| 1995 | 625.08 | 674.00 | 579.00 | +1.5% | — |
| 1994 | 615.58 | 706.00 | 560.00 | +28.1% | — |
| 1993 | 480.42 | 589.00 | 433.00 | +12.0% | — |
| 1992 | 428.92 | 456.00 | 409.00 | −5.5% | — |
| 1991 | 453.83 | 485.00 | 431.00 | +1.5% | — |
| 1990 | 447.33 | 476.00 | 417.00 | +3.7% | — |
| 1989 | 431.50 | 464.00 | 404.00 | −6.9% | — |
| 1988 | 463.42 | 600.00 | 396.00 | +38.6% | — |
| 1987 | 334.25 | 393.00 | 305.00 | −2.4% | — |
| 1986 | 342.42 | 457.00 | 271.00 | −40.1% | — |
| 1985 | 572.00 | 693.00 | 448.00 | −21.0% | — |
| 1984 | 724.00 | 914.00 | 630.00 | +37.4% | — |
| 1983 | 526.92 | 733.00 | 394.00 | +17.8% | — |
| 1982 | 447.25 | 509.00 | 399.00 | −11.8% | — |
| 1981 | 506.83 | 545.00 | 455.00 | −15.2% | — |
| 1980 | 597.58 | 639.00 | 552.00 | −9.8% | — |
| 1979 | 662.17 | 691.00 | 616.00 | +9.1% | — |
| 1978 | 607.00 | 657.00 | 522.00 | +4.6% | — |
| 1977 | 580.25 | 782.00 | 490.00 | +32.4% | — |
| 1976 | 438.33 | 506.00 | 370.00 | −22.2% | — |
| 1975 | 563.33 | 775.00 | 391.00 | −32.3% | — |
| 1974 | 832.17 | 1,045.00 | 660.00 | +90.9% | — |
| 1973 | 436.00 | 603.00 | 239.00 | +81.2% | — |
| 1972 | 240.58 | 272.00 | 223.00 | −20.8% | — |
| 1971 | 303.75 | 336.00 | 271.00 | +6.1% | — |
| 1970 | 286.33 | 330.00 | 252.00 | +45.2% | — |
| 1969 | 197.17 | 260.00 | 167.00 | +10.7% | — |
| 1968 | 178.08 | 196.00 | 157.00 | −17.9% | — |
| 1967 | 216.83 | 231.00 | 196.00 | −17.1% | — |
| 1966 | 261.50 | 276.00 | 245.00 | −3.1% | — |
| 1965 | 270.00 | 303.00 | 234.00 | +15.9% | — |
| 1964 | 233.00 | 317.00 | 204.00 | +4.2% | — |
| 1963 | 223.58 | 234.00 | 204.00 | −1.5% | — |
| 1962 | 227.00 | 265.00 | 198.00 | −21.0% | — |
| 1961 | 287.33 | 322.00 | 265.00 | +28.3% | — |
| 1960 | 223.92 | 259.00 | 201.00 | — | — |
Yearly averages of monthly prices. Today's dollars adjust for US consumer price inflation (CPI-U).
| Month | Price | Change |
|---|---|---|
| Sep 2026 | 1,615.00 | −1.5% |
| Aug 2026 | 1,639.00 | −1.1% |
| Jul 2026 | 1,658.00 | −4.7% |
| Jun 2026 | 1,740.00 | −2.3% |
| May 2026 | 1,781.00 | +8.4% |
| Apr 2026 | 1,643.00 | +10.0% |
| Mar 2026 | 1,493.00 | +16.5% |
| Feb 2026 | 1,282.00 | +11.1% |
| Jan 2026 | 1,154.00 | +3.4% |
| Dec 2025 | 1,116.00 | −1.1% |
| Nov 2025 | 1,128.00 | −0.4% |
| Oct 2025 | 1,132.00 | −2.3% |
| Sep 2025 | 1,159.00 | −6.9% |
| Aug 2025 | 1,245.00 | −4.7% |
| Jul 2025 | 1,307.00 | +11.0% |
| Jun 2025 | 1,178.00 | +1.3% |
| May 2025 | 1,163.00 | +3.8% |
| Apr 2025 | 1,120.00 | +10.8% |
| Mar 2025 | 1,011.00 | −5.4% |
| Feb 2025 | 1,069.00 | +2.0% |
| Jan 2025 | 1,048.00 | −1.5% |
| Dec 2024 | 1,064.00 | −7.1% |
| Nov 2024 | 1,145.00 | +4.6% |
| Oct 2024 | 1,095.00 | +4.9% |
The Soybean oil price averaged 1,615.00 USD / metric ton in September 2026, +39.3% against a year earlier. These are monthly benchmark prices; physical trades add freight, quality premiums and taxes.
The highest monthly price since 1960 was 1,963.00 USD / metric ton in May 2022; the lowest was 157.00 USD / metric ton in August 1968.
In today's dollars, the 2025 average of 1,139.67 USD / metric ton is worth about 1,192.76 USD / metric ton. The highest yearly average in today's dollars was 1,578.11 USD / metric ton in 2026.
Source: World Bank Commodity Price Data (The Pink Sheet), licensed under CC BY 4.0; inflation adjustment with US CPI-U from the Bureau of Labor Statistics.