Commodity ratio · live
Soybean Oil to Canola Ratio
The soybean oil to canola ratio is 0.0008596 — Soybean Oil at $0.6776 per Pound divided by Canola at $788.24 per Metric Ton.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Oil to Canola ratio
1.000 Lb of soybean oil = 0.0008596 T of canola
Inverse (CANOLA/ZL): 1163 — one Metric Ton of canola buys that much soybean oil.
Close to the middle of its 1 year range. (49th percentile of the last 1 year)
Soybean Oil
¢0.6776
per Pound
Canola
CA$788.24
per Metric Ton
Unit basis: US Cent per Pound ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 11:31:48 GMT.
These two commodities are quoted in different currencies (US Cent and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.0008722
median 0.0008630
1Y low
0.0007627
Nov 17, 2025
1Y high
0.001026
May 6, 2026
Normal band
0.0008137–0.0009308
mean ± 1 std dev
Deviation from mean
-0.22σ
251 observations
Soybean Oil to Canola ratio charts
Pick a range once — it applies to the ZL/CANOLA ratio line, the OHLC candles and the Soybean Oil / Canola price chart below.
ZL/CANOLA ratio line
How many T of Canola one Lb of Soybean Oil buys, over 1Y.
ZL/CANOLA ratio candles
Open, high, low and close of the ZL/CANOLA ratio for each period in the last 1Y.
Soybean Oil and Canola prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soybean oil to canola ratio
Soybean Oil to Canola ratio = Soybean Oil price per Pound ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6776 ÷ $788.24 = 0.0008596. The inverse is 1163.
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 soybean oil to canola ratio today?
The soybean oil to canola ratio is 0.0008596 — Soybean Oil at $0.6776 per Pound divided by Canola at $788.24 per Metric Ton, from live mid-market prices.
How do you calculate the soybean oil to canola ratio?
Divide the soybean oil price per Pound by the canola 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 canola per Pound of soybean oil.
What is the inverse of the soybean oil to canola ratio?
The inverse, canola to soybean oil, is 1163 — how many Pounds of soybean oil one Metric Ton of canola buys.