Commodity ratio · live
Oats Future to Soybean Meal Ratio
The oats future to soybean meal ratio is 1.002 — Oats Future at $328.51 per Bushel divided by Soybean Meal at $327.96 per Bushel.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Oats Future to Soybean Meal ratio
1.000 Bu of oats future = 1.002 Bu of soybean meal
Inverse (ZM/OAT-FUT): 0.9983 — one Bushel of soybean meal buys that much oats future.
Close to the middle of its 1 year range. (41th percentile of the last 1 year)
Oats Future
$328.51
per Bushel
Soybean Meal
$327.96
per Bushel
Unit basis: USD per Bushel ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Bushel of oats future. Prices as of Mon, 24 Aug 2026 11:29:55 GMT.
1Y average
1.016
median 1.012
1Y low
0.7460
Jun 30, 2026
1Y high
1.205
Mar 13, 2026
Normal band
0.9531–1.080
mean ± 1 std dev
Deviation from mean
-0.23σ
241 observations
Oats Future to Soybean Meal ratio charts
Pick a range once — it applies to the OAT-FUT/ZM ratio line, the OHLC candles and the Oats Future / Soybean Meal price chart below.
OAT-FUT/ZM ratio line
How many Bu of Soybean Meal one Bu of Oats Future buys, over 1Y.
OAT-FUT/ZM ratio candles
Open, high, low and close of the OAT-FUT/ZM ratio for each period in the last 1Y.
Oats Future 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 oats future to soybean meal ratio
Oats Future to Soybean Meal ratio = Oats Future price per Bushel ÷ Soybean Meal price per Bushel
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $328.51 ÷ $327.96 = 1.002. The inverse is 0.9983.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the oats future to soybean meal ratio today?
The oats future to soybean meal ratio is 1.002 — Oats Future at $328.51 per Bushel divided by Soybean Meal at $327.96 per Bushel, from live mid-market prices.
How do you calculate the oats future to soybean meal ratio?
Divide the oats future price per Bushel 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 Bushel of oats future.
What is the inverse of the oats future to soybean meal ratio?
The inverse, soybean meal to oats future, is 0.9983 — how many Bushels of oats future one Bushel of soybean meal buys.