The investment case for Soybean Oil
Member Report - how I trade the oil and why right now - all you need to know about the setup in the vegetable oil
Hello subscribers,
today I present you a report about a commodity that many analysts haven’t even on their watchlist. This week’s Member Report is about the one oil that every one of us uses every day - Soybean Oil.
Quick facts about Soybean Oil
Soybean Oil is (of course) made of Soybeans. When a bushel of soybeans weighing 60 pounds is crushed, the conventional result is 11 pounds of soybean oil (18%), 44 pounds of soybean meal (73%), four pounds of hulls (7%), and one pound of waste (2%).
Usage of Soybean Oil:
68% Food (like for frying, baking food or salad cremes)
25% Biodiesel/Biofuel (most important aspect right now IMO)
7% Industrial Use (like paints, plastics)
