Commodity ratio · live
Magnesium to Soybeans Futures Ratio
The magnesium to soybeans futures ratio is 1383 — Magnesium at $16,900.00 per Metric Ton divided by Soybeans Futures at $12.22 per Bushel.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Soybeans Futures ratio
1.000 T of magnesium = 1,383.5 Bu of soybeans futures
Inverse (SOYBEAN-FUT/MG): 0.0007228 — one Bushel of soybeans futures buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (3th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Soybeans Futures
¢12.22
per Bushel
Unit basis: CNY per Metric Ton ÷ US Cent per Bushel. The ratio reads as Bushels of soybeans futures per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:20:41 GMT.
These two commodities are quoted in different currencies (CNY and US Cent). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1557
median 1539
1Y low
1335
Jul 24, 2026
1Y high
1805
Aug 25, 2025
Normal band
1456–1658
mean ± 1 std dev
Deviation from mean
-1.72σ
351 observations
Magnesium to Soybeans Futures ratio charts
Pick a range once — it applies to the MG/SOYBEAN-FUT ratio line, the OHLC candles and the Magnesium / Soybeans Futures price chart below.
MG/SOYBEAN-FUT ratio line
How many Bu of Soybeans Futures one T of Magnesium buys, over 1Y.
MG/SOYBEAN-FUT ratio candles
Open, high, low and close of the MG/SOYBEAN-FUT ratio for each period in the last 1Y.
Magnesium and Soybeans Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the magnesium to soybeans futures ratio
Magnesium to Soybeans Futures ratio = Magnesium price per Metric Ton ÷ Soybeans Futures price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybeans futures per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $12.22 = 1383. The inverse is 0.0007228.
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 magnesium to soybeans futures ratio today?
The magnesium to soybeans futures ratio is 1383 — Magnesium at $16,900.00 per Metric Ton divided by Soybeans Futures at $12.22 per Bushel, from live mid-market prices.
How do you calculate the magnesium to soybeans futures ratio?
Divide the magnesium price per Metric Ton by the soybeans futures price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybeans futures per Metric Ton of magnesium.
What is the inverse of the magnesium to soybeans futures ratio?
The inverse, soybeans futures to magnesium, is 0.0007228 — how many Metric Tons of magnesium one Bushel of soybeans futures buys.