Commodity ratio · live
Cobalt to Soybean Meal Ratio
The cobalt to soybean meal ratio is 171.5 — Cobalt at $56,290.00 per Metric Ton divided by Soybean Meal at $328.31 per Bushel.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Soybean Meal ratio
1.000 T of cobalt = 171.454 Bu of soybean meal
Inverse (ZM/COB): 0.005832 — one Bushel of soybean meal buys that much cobalt.
Close to the middle of its 1 year range. (36th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Soybean Meal
$328.31
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 10:25:52 GMT.
1Y average
167.0
median 174.7
1Y low
112.9
Aug 26, 2025
1Y high
194.3
Jan 16, 2026
Normal band
146.1–188.0
mean ± 1 std dev
Deviation from mean
+0.21σ
250 observations
Cobalt to Soybean Meal ratio charts
Pick a range once — it applies to the COB/ZM ratio line, the OHLC candles and the Cobalt / Soybean Meal price chart below.
COB/ZM ratio line
How many Bu of Soybean Meal one T of Cobalt buys, over 1Y.
COB/ZM ratio candles
Open, high, low and close of the COB/ZM ratio for each period in the last 1Y.
Cobalt 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 cobalt to soybean meal ratio
Cobalt to Soybean Meal ratio = Cobalt 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 cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $328.31 = 171.5. The inverse is 0.005832.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the cobalt to soybean meal ratio today?
The cobalt to soybean meal ratio is 171.5 — Cobalt at $56,290.00 per Metric Ton divided by Soybean Meal at $328.31 per Bushel, from live mid-market prices.
How do you calculate the cobalt to soybean meal ratio?
Divide the cobalt 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 cobalt.
What is the inverse of the cobalt to soybean meal ratio?
The inverse, soybean meal to cobalt, is 0.005832 — how many Metric Tons of cobalt one Bushel of soybean meal buys.