Commodity ratio · live
Soybean Oil to Lumber Futures Ratio
The soybean oil to lumber futures ratio is 0.001183 — Soybean Oil at $0.6786 per Pound divided by Lumber Futures at $573.54 per Thousand Board Feet.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Oil to Lumber Futures ratio
1.000 Lb of soybean oil = 0.001183 Mbf of lumber futures
Inverse (LB-FUT/ZL): 845.2 — one Thousand Board Feet of lumber futures buys that much soybean oil.
Above its 1 year average. (81th percentile of the last 1 year)
Soybean Oil
¢0.6786
per Pound
Lumber Futures
$573.54
per Thousand Board Feet
Unit basis: US Cent per Pound ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 12:14:30 GMT.
1Y average
0.001038
median 0.001051
1Y low
0.0007969
Oct 1, 2025
1Y high
0.001343
Apr 29, 2026
Normal band
0.0008989–0.001177
mean ± 1 std dev
Deviation from mean
+1.04σ
251 observations
Soybean Oil to Lumber Futures ratio charts
Pick a range once — it applies to the ZL/LB-FUT ratio line, the OHLC candles and the Soybean Oil / Lumber Futures price chart below.
ZL/LB-FUT ratio line
How many Mbf of Lumber Futures one Lb of Soybean Oil buys, over 1Y.
ZL/LB-FUT ratio candles
Open, high, low and close of the ZL/LB-FUT ratio for each period in the last 1Y.
Soybean Oil and Lumber Futures 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 lumber futures ratio
Soybean Oil to Lumber Futures ratio = Soybean Oil price per Pound ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6786 ÷ $573.54 = 0.001183. The inverse is 845.2.
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 soybean oil to lumber futures ratio today?
The soybean oil to lumber futures ratio is 0.001183 — Soybean Oil at $0.6786 per Pound divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.
How do you calculate the soybean oil to lumber futures ratio?
Divide the soybean oil price per Pound by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Pound of soybean oil.
What is the inverse of the soybean oil to lumber futures ratio?
The inverse, lumber futures to soybean oil, is 845.2 — how many Pounds of soybean oil one Thousand Board Feet of lumber futures buys.