Marathon Petroleum Corporation MPC and Archer-Daniels-Midland Company (ADM) recently announced that their joint venture (JV) to manufacture soybean oil to meet rapidly-expanding demand for renewable ...

KANSAS CITY — Soybean oil futures have been on a rollicking ride during this year’s soybean harvest. On Aug. 16, the nearby CME Group soybean oil futures contract tumbled to a four-year low after a ...

AKRON - The Goodyear Tire & Rubber Co. is now producing heavy duty tires for buses and garbage trucks by using soybean oil to replace some of the petroleum-derived oil previously used in the ...

MANKATO, MINN. - Where the Blue Earth River empties into the Minnesota River, a plant has been crushing farmers' soybeans since the 1930s. One of the largest soybean oil-producing refineries in the ...

NAPERVILLE, Illinois, Nov 26 (Reuters) - Despite its status as the world's most plentiful vegetable oil, palm oil is no longer the cheapest, as supply concerns have pushed up prices by nearly 30% this ...

DES MOINES, Iowa (AP) -- Rising soybean oil prices are dampening the rapidly expanding biodiesel industry, which relies heavily on the oil to make the renewable diesel fuel additive. In its monthly ...