The cost of raw materials is low and the oil yield is high.
1. Low raw material cost: Soybean is a crop with large yield and easy to grow. Most of the soybean oil sold on the market comes from genetically modified soybeans. Genetically modified soybeans have high yields and relatively low planting costs, so the production cost of soybean oil is also low.
2. High oil yield: Soybean oil has a high oil yield. About 14 to 15 kilograms of soybean oil can be produced for every 100 kilograms of soybeans. Such a high oil yield makes soybean oil production more efficient and further reduces costs.