Commodity ratio · live
Urea to Soybean Meal Ratio
The urea to soybean meal ratio is 1.248 — Urea at $409.00 per Metric Ton divided by Soybean Meal at $327.76 per Bushel.
Prices as of Aug 24, 2026, 11:20 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Urea to Soybean Meal ratio
1.000 T of urea = 1.248 Bu of soybean meal
Inverse (ZM/UREA): 0.8014 — one Bushel of soybean meal buys that much urea.
Below its 1 year average. (22th percentile of the last 1 year)
Urea
$409.00
per Metric Ton
Soybean Meal
$327.76
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of urea. Prices as of Mon, 24 Aug 2026 11:20:58 GMT.
1Y average
1.469
median 1.364
1Y low
1.104
Dec 4, 2025
1Y high
2.282
Apr 7, 2026
Normal band
1.159–1.780
mean ± 1 std dev
Deviation from mean
-0.71σ
250 observations
Urea to Soybean Meal ratio charts
Pick a range once — it applies to the UREA/ZM ratio line, the OHLC candles and the Urea / Soybean Meal price chart below.
UREA/ZM ratio line
How many Bu of Soybean Meal one T of Urea buys, over 1Y.
UREA/ZM ratio candles
Open, high, low and close of the UREA/ZM ratio for each period in the last 1Y.
Urea 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 urea to soybean meal ratio
Urea to Soybean Meal ratio = Urea 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 urea — rather than a plain count.
Worked example, live prices: $409.00 ÷ $327.76 = 1.248. The inverse is 0.8014.
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 urea to soybean meal ratio today?
The urea to soybean meal ratio is 1.248 — Urea at $409.00 per Metric Ton divided by Soybean Meal at $327.76 per Bushel, from live mid-market prices.
How do you calculate the urea to soybean meal ratio?
Divide the urea 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 urea.
What is the inverse of the urea to soybean meal ratio?
The inverse, soybean meal to urea, is 0.8014 — how many Metric Tons of urea one Bushel of soybean meal buys.