Commodity ratio · live
Soybeans Futures to Heating Oil Futures Ratio
The soybeans futures to heating oil futures ratio is 2.808 — Soybeans Futures at $12.24 per Bushel divided by Heating Oil Futures at $4.36 per Gallan.
Prices as of Aug 24, 2026, 10:37 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybeans Futures to Heating Oil Futures ratio
1.000 Bu of soybeans futures = 2.808 Gal of heating oil futures
Inverse (HO-FUT/SOYBEAN-FUT): 0.3562 — one Gallan of heating oil futures buys that much soybeans futures.
Below its 1 year average. (10th percentile of the last 1 year)
Soybeans Futures
¢12.24
per Bushel
Heating Oil Futures
$4.36
per Gallan
Unit basis: US Cent per Bushel ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Bushel of soybeans futures. Prices as of Mon, 24 Aug 2026 10:37:29 GMT.
1Y average
3.783
median 3.548
1Y low
2.462
Mar 20, 2026
1Y high
5.146
Jan 7, 2026
Normal band
2.980–4.585
mean ± 1 std dev
Deviation from mean
-1.22σ
327 observations
Soybeans Futures to Heating Oil Futures ratio charts
Pick a range once — it applies to the SOYBEAN-FUT/HO-FUT ratio line, the OHLC candles and the Soybeans Futures / Heating Oil Futures price chart below.
SOYBEAN-FUT/HO-FUT ratio line
How many Gal of Heating Oil Futures one Bu of Soybeans Futures buys, over 1Y.
SOYBEAN-FUT/HO-FUT ratio candles
Open, high, low and close of the SOYBEAN-FUT/HO-FUT ratio for each period in the last 1Y.
Soybeans Futures and Heating Oil Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soybeans futures to heating oil futures ratio
Soybeans Futures to Heating Oil Futures ratio = Soybeans Futures price per Bushel ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Bushel of soybeans futures — rather than a plain count.
Worked example, live prices: $12.24 ÷ $4.36 = 2.808. The inverse is 0.3562.
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 soybeans futures to heating oil futures ratio today?
The soybeans futures to heating oil futures ratio is 2.808 — Soybeans Futures at $12.24 per Bushel divided by Heating Oil Futures at $4.36 per Gallan, from live mid-market prices.
How do you calculate the soybeans futures to heating oil futures ratio?
Divide the soybeans futures price per Bushel by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Bushel of soybeans futures.
What is the inverse of the soybeans futures to heating oil futures ratio?
The inverse, heating oil futures to soybeans futures, is 0.3562 — how many Bushels of soybeans futures one Gallan of heating oil futures buys.