Commodity ratio · live
Ethanol to Soybean Oil Ratio
The ethanol to soybean oil ratio is 3.116 — Ethanol at $2.12 per Gallon divided by Soybean Oil at $0.6804 per Pound.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Soybean Oil ratio
1.000 Gal of ethanol = 3.116 Lb of soybean oil
Inverse (ZL/ETHANOL): 0.3209 — one Pound of soybean oil buys that much ethanol.
Close to the middle of its 1 year range. (63th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Soybean Oil
¢0.6804
per Pound
Unit basis: USD per Gallon ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 10:25:59 GMT.
1Y average
3.069
median 2.932
1Y low
2.520
Jun 3, 2026
1Y high
3.978
Sep 30, 2025
Normal band
2.721–3.418
mean ± 1 std dev
Deviation from mean
+0.13σ
250 observations
Ethanol to Soybean Oil ratio charts
Pick a range once — it applies to the ETHANOL/ZL ratio line, the OHLC candles and the Ethanol / Soybean Oil price chart below.
ETHANOL/ZL ratio line
How many Lb of Soybean Oil one Gal of Ethanol buys, over 1Y.
ETHANOL/ZL ratio candles
Open, high, low and close of the ETHANOL/ZL ratio for each period in the last 1Y.
Ethanol and Soybean Oil prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the ethanol to soybean oil ratio
Ethanol to Soybean Oil ratio = Ethanol price per Gallon ÷ Soybean Oil price per Pound
The two legs use different units, so the result is a rate — Pounds of soybean oil per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $0.6804 = 3.116. The inverse is 0.3209.
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 ethanol to soybean oil ratio today?
The ethanol to soybean oil ratio is 3.116 — Ethanol at $2.12 per Gallon divided by Soybean Oil at $0.6804 per Pound, from live mid-market prices.
How do you calculate the ethanol to soybean oil ratio?
Divide the ethanol price per Gallon by the soybean oil price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of soybean oil per Gallon of ethanol.
What is the inverse of the ethanol to soybean oil ratio?
The inverse, soybean oil to ethanol, is 0.3209 — how many Gallons of ethanol one Pound of soybean oil buys.