Commodity ratio · live
Magnesium to Soybean Meal Ratio
The magnesium to soybean meal ratio is 51.48 — Magnesium at $16,900.00 per Metric Ton divided by Soybean Meal at $328.31 per Bushel.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Soybean Meal ratio
1.000 T of magnesium = 51.476 Bu of soybean meal
Inverse (ZM/MG): 0.01943 — one Bushel of soybean meal buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Soybean Meal
$328.31
per Bushel
Unit basis: CNY per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:25:43 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
56.46
median 55.58
1Y low
49.53
Jul 24, 2026
1Y high
64.97
Oct 1, 2025
Normal band
53.07–59.86
mean ± 1 std dev
Deviation from mean
-1.47σ
247 observations
Magnesium to Soybean Meal ratio charts
Pick a range once — it applies to the MG/ZM ratio line, the OHLC candles and the Magnesium / Soybean Meal price chart below.
MG/ZM ratio line
How many Bu of Soybean Meal one T of Magnesium buys, over 1Y.
MG/ZM ratio candles
Open, high, low and close of the MG/ZM ratio for each period in the last 1Y.
Magnesium 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 magnesium to soybean meal ratio
Magnesium to Soybean Meal ratio = Magnesium price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $328.31 = 51.48. The inverse is 0.01943.
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 magnesium to soybean meal ratio today?
The magnesium to soybean meal ratio is 51.48 — Magnesium at $16,900.00 per Metric Ton divided by Soybean Meal at $328.31 per Bushel, from live mid-market prices.
How do you calculate the magnesium to soybean meal ratio?
Divide the magnesium price per Metric Ton 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 Metric Ton of magnesium.
What is the inverse of the magnesium to soybean meal ratio?
The inverse, soybean meal to magnesium, is 0.01943 — how many Metric Tons of magnesium one Bushel of soybean meal buys.