# Soybean Oil Current Global Market Size is 57 Million MT, Says Beroe Inc

> Beroe Inc. released a market-size report putting global soybean oil output at about 57 million tonnes, growing at a 3.5% CAGR. The report attributes recent supply growth to larger soybean crops and tighter rapeseed oil supply.

- Date: 2019-10-24 · published 2019-10-24T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/56663-soybean-oil-current-global-market-size-is-57-million-mt-says-beroe-inc
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The report is a background market overview with no new supply or demand shock, so it has little direct effect on prices.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-06-13 | [Three Things Currently Impacting The Soybean Market](https://feedsoft.ai/events/29785-three-things-currently-impacting-the-soybean-market.md) | +0.6% | +9.8% |
| SBO | 2017-06-26 | [In 2017 global palm oil production will rise by 7 million tonnes.](https://feedsoft.ai/events/70589-in-2017-global-palm-oil-production-will-rise-by-7-million-tonnes.md) | +4.2% | +6.3% |
| SBO | 2022-07-14 | [Brazil to produce record amount of soybean meal, oil amid higher crush margins \| S&P Global](https://feedsoft.ai/events/40581-brazil-to-produce-record-amount-of-soybean-meal-oil-amid-higher-crush-margins-s.md) | -0.4% | +5.6% |
| SBO | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +1.4% | +3.0% |
| SBO | 2026-03-01 | [Palm oil prices likely to hover around current prices in March, says industry council](https://feedsoft.ai/events/20689-palm-oil-prices-likely-to-hover-around-current-prices-in-march-says-industry.md) | +4.6% | -1.4% |

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/soybean-oil-current-global-market-size-is-57-million-mt-says-beroe-inc-300944679.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.