Commodity ratio · live
Cotton to Soybean Meal Ratio
The cotton to soybean meal ratio is 0.002711 — Cotton at $0.8900 per Pound 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.
Cotton to Soybean Meal ratio
1.000 Lb of cotton = 0.002711 Bu of soybean meal
Inverse (ZM/CT): 368.9 — one Bushel of soybean meal buys that much cotton.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Cotton
$0.8900
per Pound
Soybean Meal
$328.31
per Bushel
Unit basis: USD per Pound ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Pound of cotton. Prices as of Mon, 24 Aug 2026 10:25:10 GMT.
1Y average
0.002316
median 0.002336
1Y low
0.001919
Nov 17, 2025
1Y high
0.002808
Aug 21, 2026
Normal band
0.002107–0.002525
mean ± 1 std dev
Deviation from mean
+1.89σ
252 observations
Cotton to Soybean Meal ratio charts
Pick a range once — it applies to the CT/ZM ratio line, the OHLC candles and the Cotton / Soybean Meal price chart below.
CT/ZM ratio line
How many Bu of Soybean Meal one Lb of Cotton buys, over 1Y.
CT/ZM ratio candles
Open, high, low and close of the CT/ZM ratio for each period in the last 1Y.
Cotton 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 cotton to soybean meal ratio
Cotton to Soybean Meal ratio = Cotton price per Pound ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Pound of cotton — rather than a plain count.
Worked example, live prices: $0.8900 ÷ $328.31 = 0.002711. The inverse is 368.9.
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 cotton to soybean meal ratio today?
The cotton to soybean meal ratio is 0.002711 — Cotton at $0.8900 per Pound divided by Soybean Meal at $328.31 per Bushel, from live mid-market prices.
How do you calculate the cotton to soybean meal ratio?
Divide the cotton price per Pound 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 Pound of cotton.
What is the inverse of the cotton to soybean meal ratio?
The inverse, soybean meal to cotton, is 368.9 — how many Pounds of cotton one Bushel of soybean meal buys.