Commodity ratio · live
Soybeans Futures to Magnesium Ratio
The soybeans futures to magnesium ratio is 0.0007228 — Soybeans Futures at $12.22 per Bushel divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybeans Futures to Magnesium ratio
1.000 Bu of soybeans futures = 0.0007228 T of magnesium
Inverse (MG/SOYBEAN-FUT): 1383 — one Metric Ton of magnesium buys that much soybeans futures.
Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)
Soybeans Futures
¢12.22
per Bushel
Magnesium
¥16,900.00
per Metric Ton
Unit basis: US Cent per Bushel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Bushel of soybeans futures. Prices as of Mon, 24 Aug 2026 12:20:40 GMT.
These two commodities are quoted in different currencies (US Cent and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.0006450
median 0.0006499
1Y low
0.0005541
Aug 25, 2025
1Y high
0.0007488
Jul 24, 2026
Normal band
0.0006039–0.0006861
mean ± 1 std dev
Deviation from mean
+1.90σ
351 observations
Soybeans Futures to Magnesium ratio charts
Pick a range once — it applies to the SOYBEAN-FUT/MG ratio line, the OHLC candles and the Soybeans Futures / Magnesium price chart below.
SOYBEAN-FUT/MG ratio line
How many T of Magnesium one Bu of Soybeans Futures buys, over 1Y.
SOYBEAN-FUT/MG ratio candles
Open, high, low and close of the SOYBEAN-FUT/MG ratio for each period in the last 1Y.
Soybeans Futures and Magnesium 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 magnesium ratio
Soybeans Futures to Magnesium ratio = Soybeans Futures price per Bushel ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Bushel of soybeans futures — rather than a plain count.
Worked example, live prices: $12.22 ÷ $16,900.00 = 0.0007228. The inverse is 1383.
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 soybeans futures to magnesium ratio today?
The soybeans futures to magnesium ratio is 0.0007228 — Soybeans Futures at $12.22 per Bushel divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the soybeans futures to magnesium ratio?
Divide the soybeans futures price per Bushel by the magnesium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of magnesium per Bushel of soybeans futures.
What is the inverse of the soybeans futures to magnesium ratio?
The inverse, magnesium to soybeans futures, is 1383 — how many Bushels of soybeans futures one Metric Ton of magnesium buys.