Soybean oil is a popular cooking oil made from soybeans. It is a mild-flavored oil that is low in saturated fat and high in polyunsaturated and monounsaturated fats. It has a high smoke point, making it suitable for high-heat cooking methods like frying and baking. Soybean oil is also used as an ingredient in many processed foods like salad dressings, margarine, and mayonnaise.