Commodity ratio · live
Ethanol to Soybean Meal Ratio
The ethanol to soybean meal ratio is 0.006456 — Ethanol at $2.12 per Gallon divided by Soybean Meal at $328.36 per Bushel.
Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Soybean Meal ratio
1.000 Gal of ethanol = 0.006456 Bu of soybean meal
Inverse (ZM/ETHANOL): 154.9 — one Bushel of soybean meal buys that much ethanol.
Above its 1 year average. (87th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Soybean Meal
$328.36
per Bushel
Unit basis: USD per Gallon ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 10:26:09 GMT.
1Y average
0.005940
median 0.006035
1Y low
0.004951
Dec 4, 2025
1Y high
0.007189
Sep 4, 2025
Normal band
0.005429–0.006450
mean ± 1 std dev
Deviation from mean
+1.01σ
250 observations
Ethanol to Soybean Meal ratio charts
Pick a range once — it applies to the ETHANOL/ZM ratio line, the OHLC candles and the Ethanol / Soybean Meal price chart below.
ETHANOL/ZM ratio line
How many Bu of Soybean Meal one Gal of Ethanol buys, over 1Y.
ETHANOL/ZM ratio candles
Open, high, low and close of the ETHANOL/ZM ratio for each period in the last 1Y.
Ethanol 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 ethanol to soybean meal ratio
Ethanol to Soybean Meal ratio = Ethanol price per Gallon ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $328.36 = 0.006456. The inverse is 154.9.
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 ethanol to soybean meal ratio today?
The ethanol to soybean meal ratio is 0.006456 — Ethanol at $2.12 per Gallon divided by Soybean Meal at $328.36 per Bushel, from live mid-market prices.
How do you calculate the ethanol to soybean meal ratio?
Divide the ethanol price per Gallon 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 Gallon of ethanol.
What is the inverse of the ethanol to soybean meal ratio?
The inverse, soybean meal to ethanol, is 154.9 — how many Gallons of ethanol one Bushel of soybean meal buys.