Commodity ratio · live
Coal to Soybean Meal Ratio
The coal to soybean meal ratio is 0.4011 — Coal at $131.50 per Metric Ton divided by Soybean Meal at $327.86 per Bushel.
Prices as of Aug 24, 2026, 12:13 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Coal to Soybean Meal ratio
1.000 T of coal = 0.4011 Bu of soybean meal
Inverse (ZM/COAL): 2.493 — one Bushel of soybean meal buys that much coal.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Coal
$131.50
per Metric Ton
Soybean Meal
$327.86
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of coal. Prices as of Mon, 24 Aug 2026 12:13:05 GMT.
1Y average
0.3932
median 0.3857
1Y low
0.3298
Nov 13, 2025
1Y high
0.5033
Jun 11, 2026
Normal band
0.3553–0.4310
mean ± 1 std dev
Deviation from mean
+0.21σ
250 observations
Coal to Soybean Meal ratio charts
Pick a range once — it applies to the COAL/ZM ratio line, the OHLC candles and the Coal / Soybean Meal price chart below.
COAL/ZM ratio line
How many Bu of Soybean Meal one T of Coal buys, over 1Y.
COAL/ZM ratio candles
Open, high, low and close of the COAL/ZM ratio for each period in the last 1Y.
Coal 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 coal to soybean meal ratio
Coal to Soybean Meal ratio = Coal 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 coal — rather than a plain count.
Worked example, live prices: $131.50 ÷ $327.86 = 0.4011. The inverse is 2.493.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the coal to soybean meal ratio today?
The coal to soybean meal ratio is 0.4011 — Coal at $131.50 per Metric Ton divided by Soybean Meal at $327.86 per Bushel, from live mid-market prices.
How do you calculate the coal to soybean meal ratio?
Divide the coal 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 coal.
What is the inverse of the coal to soybean meal ratio?
The inverse, soybean meal to coal, is 2.493 — how many Metric Tons of coal one Bushel of soybean meal buys.