Commodity ratio · live
Cocoa to Soybean Meal Ratio
The cocoa to soybean meal ratio is 18.08 — Cocoa at $5,924.20 per Metric Ton divided by Soybean Meal at $327.66 per Bushel.
Prices as of Aug 24, 2026, 11:17 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Soybean Meal ratio
1.000 T of cocoa = 18.080 Bu of soybean meal
Inverse (ZM/CC): 0.05531 — one Bushel of soybean meal buys that much cocoa.
Close to the middle of its 1 year range. (59th percentile of the last 1 year)
Cocoa
$5,924.20
per Metric Ton
Soybean Meal
$327.66
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 11:17:17 GMT.
1Y average
16.36
median 16.46
1Y low
0.002811
Nov 25, 2025
1Y high
27.31
Aug 25, 2025
Normal band
11.44–21.28
mean ± 1 std dev
Deviation from mean
+0.35σ
251 observations
Cocoa to Soybean Meal ratio charts
Pick a range once — it applies to the CC/ZM ratio line, the OHLC candles and the Cocoa / Soybean Meal price chart below.
CC/ZM ratio line
How many Bu of Soybean Meal one T of Cocoa buys, over 1Y.
CC/ZM ratio candles
Open, high, low and close of the CC/ZM ratio for each period in the last 1Y.
Cocoa 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 cocoa to soybean meal ratio
Cocoa to Soybean Meal ratio = Cocoa 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 cocoa — rather than a plain count.
Worked example, live prices: $5,924.20 ÷ $327.66 = 18.08. The inverse is 0.05531.
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 cocoa to soybean meal ratio today?
The cocoa to soybean meal ratio is 18.08 — Cocoa at $5,924.20 per Metric Ton divided by Soybean Meal at $327.66 per Bushel, from live mid-market prices.
How do you calculate the cocoa to soybean meal ratio?
Divide the cocoa 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 cocoa.
What is the inverse of the cocoa to soybean meal ratio?
The inverse, soybean meal to cocoa, is 0.05531 — how many Metric Tons of cocoa one Bushel of soybean meal buys.