Commodity ratio · live
Lumber Futures to Soybean Meal Ratio
The lumber futures to soybean meal ratio is 1.748 — Lumber Futures at $574.00 per Thousand Board Feet divided by Soybean Meal at $328.41 per Bushel.
Prices as of Aug 24, 2026, 10:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Soybean Meal ratio
1.000 Mbf of lumber futures = 1.748 Bu of soybean meal
Inverse (ZM/LB-FUT): 0.5721 — one Bushel of soybean meal buys that much lumber futures.
Below its 1 year average. (14th percentile of the last 1 year)
Lumber Futures
$574.00
per Thousand Board Feet
Soybean Meal
$328.41
per Bushel
Unit basis: USD per Thousand Board Feet ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 10:31:08 GMT.
1Y average
1.892
median 1.855
1Y low
1.537
Nov 12, 2025
1Y high
2.289
Oct 15, 2025
Normal band
1.750–2.034
mean ± 1 std dev
Deviation from mean
-1.02σ
251 observations
Lumber Futures to Soybean Meal ratio charts
Pick a range once — it applies to the LB-FUT/ZM ratio line, the OHLC candles and the Lumber Futures / Soybean Meal price chart below.
LB-FUT/ZM ratio line
How many Bu of Soybean Meal one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/ZM ratio candles
Open, high, low and close of the LB-FUT/ZM ratio for each period in the last 1Y.
Lumber 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 lumber futures to soybean meal ratio
Lumber Futures to Soybean Meal ratio = Lumber Futures price per Thousand Board Feet ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $574.00 ÷ $328.41 = 1.748. The inverse is 0.5721.
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 lumber futures to soybean meal ratio today?
The lumber futures to soybean meal ratio is 1.748 — Lumber Futures at $574.00 per Thousand Board Feet divided by Soybean Meal at $328.41 per Bushel, from live mid-market prices.
How do you calculate the lumber futures to soybean meal ratio?
Divide the lumber futures price per Thousand Board Feet 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 Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to soybean meal ratio?
The inverse, soybean meal to lumber futures, is 0.5721 — how many Thousand Board Feets of lumber futures one Bushel of soybean meal buys.