Commodity ratio · live
Copper Futures to Soybean Meal Ratio
The copper futures to soybean meal ratio is 0.02011 — Copper Futures at $6.60 per Pound divided by Soybean Meal at $328.21 per Bushel.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Copper Futures to Soybean Meal ratio
1.000 Lb of copper futures = 0.02011 Bu of soybean meal
Inverse (ZM/HG-FUT): 49.73 — one Bushel of soybean meal buys that much copper futures.
Above its 1 year average. (84th percentile of the last 1 year)
Copper Futures
$6.60
per Pound
Soybean Meal
$328.21
per Bushel
Unit basis: USD per Pound ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Pound of copper futures. Prices as of Mon, 24 Aug 2026 12:24:16 GMT.
1Y average
0.01852
median 0.01867
1Y low
0.01482
Nov 17, 2025
1Y high
0.02170
Jun 16, 2026
Normal band
0.01694–0.02009
mean ± 1 std dev
Deviation from mean
+1.01σ
241 observations
Copper Futures to Soybean Meal ratio charts
Pick a range once — it applies to the HG-FUT/ZM ratio line, the OHLC candles and the Copper Futures / Soybean Meal price chart below.
HG-FUT/ZM ratio line
How many Bu of Soybean Meal one Lb of Copper Futures buys, over 1Y.
HG-FUT/ZM ratio candles
Open, high, low and close of the HG-FUT/ZM ratio for each period in the last 1Y.
Copper Futures 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 copper futures to soybean meal ratio
Copper Futures to Soybean Meal ratio = Copper Futures 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 copper futures — rather than a plain count.
Worked example, live prices: $6.60 ÷ $328.21 = 0.02011. The inverse is 49.73.
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 copper futures to soybean meal ratio today?
The copper futures to soybean meal ratio is 0.02011 — Copper Futures at $6.60 per Pound divided by Soybean Meal at $328.21 per Bushel, from live mid-market prices.
How do you calculate the copper futures to soybean meal ratio?
Divide the copper futures 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 copper futures.
What is the inverse of the copper futures to soybean meal ratio?
The inverse, soybean meal to copper futures, is 49.73 — how many Pounds of copper futures one Bushel of soybean meal buys.