Commodity ratio · live
Butter to Soybean Meal Ratio
The butter to soybean meal ratio is 13.28 — Butter at $4,350.00 per Metric Ton divided by Soybean Meal at $327.61 per Bushel.
Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Soybean Meal ratio
1.000 T of butter = 13.278 Bu of soybean meal
Inverse (ZM/BUTTER): 0.07531 — one Bushel of soybean meal buys that much butter.
Close to the middle of its 1 year range. (37th percentile of the last 1 year)
Butter
€4,350.00
per Metric Ton
Soybean Meal
$327.61
per Bushel
Unit basis: EUR per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 11:23:59 GMT.
These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
14.85
median 13.71
1Y low
11.62
May 15, 2026
1Y high
23.56
Aug 25, 2025
Normal band
12.00–17.69
mean ± 1 std dev
Deviation from mean
-0.55σ
250 observations
Butter to Soybean Meal ratio charts
Pick a range once — it applies to the BUTTER/ZM ratio line, the OHLC candles and the Butter / Soybean Meal price chart below.
BUTTER/ZM ratio line
How many Bu of Soybean Meal one T of Butter buys, over 1Y.
BUTTER/ZM ratio candles
Open, high, low and close of the BUTTER/ZM ratio for each period in the last 1Y.
Butter and Soybean Meal prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the butter to soybean meal ratio
Butter to Soybean Meal ratio = Butter price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $327.61 = 13.28. The inverse is 0.07531.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the butter to soybean meal ratio today?
The butter to soybean meal ratio is 13.28 — Butter at $4,350.00 per Metric Ton divided by Soybean Meal at $327.61 per Bushel, from live mid-market prices.
How do you calculate the butter to soybean meal ratio?
Divide the butter price per Metric Ton by the soybean meal price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybean meal per Metric Ton of butter.
What is the inverse of the butter to soybean meal ratio?
The inverse, soybean meal to butter, is 0.07531 — how many Metric Tons of butter one Bushel of soybean meal buys.