Commodity ratio · live
Lumber Futures to Soybean Oil Ratio
The lumber futures to soybean oil ratio is 845.2 — Lumber Futures at $573.54 per Thousand Board Feet divided by Soybean Oil at $0.6786 per Pound.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Soybean Oil ratio
1.000 Mbf of lumber futures = 845.181 Lb of soybean oil
Inverse (ZL/LB-FUT): 0.001183 — one Pound of soybean oil buys that much lumber futures.
Below its 1 year average. (19th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Soybean Oil
¢0.6786
per Pound
Unit basis: USD per Thousand Board Feet ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 12:14:30 GMT.
1Y average
980.8
median 951.5
1Y low
744.4
Apr 29, 2026
1Y high
1255
Oct 1, 2025
Normal band
849.8–1112
mean ± 1 std dev
Deviation from mean
-1.04σ
251 observations
Lumber Futures to Soybean Oil ratio charts
Pick a range once — it applies to the LB-FUT/ZL ratio line, the OHLC candles and the Lumber Futures / Soybean Oil price chart below.
LB-FUT/ZL ratio line
How many Lb of Soybean Oil one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/ZL ratio candles
Open, high, low and close of the LB-FUT/ZL ratio for each period in the last 1Y.
Lumber Futures 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 lumber futures to soybean oil ratio
Lumber Futures to Soybean Oil ratio = Lumber Futures price per Thousand Board Feet ÷ Soybean Oil price per Pound
The two legs use different units, so the result is a rate — Pounds of soybean oil per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $0.6786 = 845.2. The inverse is 0.001183.
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 lumber futures to soybean oil ratio today?
The lumber futures to soybean oil ratio is 845.2 — Lumber Futures at $573.54 per Thousand Board Feet divided by Soybean Oil at $0.6786 per Pound, from live mid-market prices.
How do you calculate the lumber futures to soybean oil ratio?
Divide the lumber futures price per Thousand Board Feet 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 Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to soybean oil ratio?
The inverse, soybean oil to lumber futures, is 0.001183 — how many Thousand Board Feets of lumber futures one Pound of soybean oil buys.