# Soybean oil reaches highest price in four years

> International soybean oil prices rose in October to their highest level since late 2022, according to FAO’s latest food price index. Strong biofuel-industry demand and seasonally lower export supplies from South America contributed to the increase, while rapeseed oil prices fell as supplies grew.

- Date: 2026-11-09 · published 2026-11-09T12:06:50.553Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/89293-soybean-oil-reaches-highest-price-in-four-years
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Biofuel demand and tighter South American export availability support soybean oil prices. Greater rapeseed oil availability may limit substitution demand and keep pressure on rapeseed markets.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-10-05 | [Soybean oil used to produce US biofuels reaches new all-time high in July - Fastmarkets](https://feedsoft.ai/events/14988-soybean-oil-used-to-produce-us-biofuels-reaches-new-all-time-high-in-july.md) | +1.7% | +3.3% |
| SBO | 2026-09-07 | [Soybean oil used to produce US biofuels reaches new record in June - Fastmarkets](https://feedsoft.ai/events/14991-soybean-oil-used-to-produce-us-biofuels-reaches-new-record-in-june-fastmarkets.md) | -2.6% | -5.2% |
| SBO | 2025-08-29 | [US soybean oil use in RD at 8-mth high, yellow grease demand at 6-mth high](https://feedsoft.ai/events/23407-us-soybean-oil-use-in-rd-at-8-mth-high-yellow-grease-demand-at-6-mth-high.md) | -1.9% | -6.3% |
| SBO | 2023-11-14 | [CBOT Soybean Oil Rises, Argentina Forward Prices Up](https://feedsoft.ai/events/33254-cbot-soybean-oil-rises-argentina-forward-prices-up.md) | +2.6% | -1.2% |
| SBO | 2021-01-01 | [FAO Food Price Index Reaches Six-Year High, But Below 2011 Peak \| Farm Policy News \| Illinois](https://feedsoft.ai/events/49180-fao-food-price-index-reaches-six-year-high-but-below-2011-peak-farm-policy-news.md) | +0.4% | +0.0% |

## Sources

- effektivtlandbrug.landbrugnet.dk: https://effektivtlandbrug.landbrugnet.dk/artikler/marked/126043/sojaolie-naar-hoejeste-pris-i-fire-aar

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