Commodity ratio · live
Silver to Soybean Meal Ratio
The silver to soybean meal ratio is 0.2101 — Silver at $68.98 per Troy Ounce divided by Soybean Meal at $328.36 per Bushel.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Silver to Soybean Meal ratio
1.000 T.oz of silver = 0.2101 Bu of soybean meal
Inverse (ZM/XAG): 4.760 — one Bushel of soybean meal buys that much silver.
Close to the middle of its 1 year range. (48th percentile of the last 1 year)
Silver
$68.98
per Troy Ounce
Soybean Meal
$328.36
per Bushel
Unit basis: USD per Troy Ounce ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Troy Ounce of silver. Prices as of Mon, 24 Aug 2026 10:28:02 GMT.
1Y average
0.2133
median 0.2110
1Y low
0.1293
Aug 27, 2025
1Y high
0.4027
Jan 27, 2026
Normal band
0.1648–0.2618
mean ± 1 std dev
Deviation from mean
-0.07σ
252 observations
Silver to Soybean Meal ratio charts
Pick a range once — it applies to the XAG/ZM ratio line, the OHLC candles and the Silver / Soybean Meal price chart below.
XAG/ZM ratio line
How many Bu of Soybean Meal one T.oz of Silver buys, over 1Y.
XAG/ZM ratio candles
Open, high, low and close of the XAG/ZM ratio for each period in the last 1Y.
Silver 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 silver to soybean meal ratio
Silver to Soybean Meal ratio = Silver price per Troy Ounce ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Troy Ounce of silver — rather than a plain count.
Worked example, live prices: $68.98 ÷ $328.36 = 0.2101. The inverse is 4.760.
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 silver to soybean meal ratio today?
The silver to soybean meal ratio is 0.2101 — Silver at $68.98 per Troy Ounce divided by Soybean Meal at $328.36 per Bushel, from live mid-market prices.
How do you calculate the silver to soybean meal ratio?
Divide the silver price per Troy Ounce 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 Troy Ounce of silver.
What is the inverse of the silver to soybean meal ratio?
The inverse, soybean meal to silver, is 4.760 — how many Troy Ounces of silver one Bushel of soybean meal buys.