Commodity ratio · live
Soybean Oil to Soybean Meal Ratio
The soybean oil to soybean meal ratio is 0.002071 — Soybean Oil at $0.6800 per Pound 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.
Soybean Oil to Soybean Meal ratio
1.000 Lb of soybean oil = 0.002071 Bu of soybean meal
Inverse (ZM/ZL): 482.9 — one Bushel of soybean meal buys that much soybean oil.
Close to the middle of its 1 year range. (57th percentile of the last 1 year)
Soybean Oil
¢0.6800
per Pound
Soybean Meal
$328.36
per Bushel
Unit basis: US Cent per Pound ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 10:28:26 GMT.
1Y average
0.001957
median 0.001926
1Y low
0.001488
Nov 3, 2025
1Y high
0.002452
Jun 4, 2026
Normal band
0.001711–0.002203
mean ± 1 std dev
Deviation from mean
+0.46σ
251 observations
Soybean Oil to Soybean Meal ratio charts
Pick a range once — it applies to the ZL/ZM ratio line, the OHLC candles and the Soybean Oil / Soybean Meal price chart below.
ZL/ZM ratio line
How many Bu of Soybean Meal one Lb of Soybean Oil buys, over 1Y.
ZL/ZM ratio candles
Open, high, low and close of the ZL/ZM ratio for each period in the last 1Y.
Soybean Oil 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 soybean oil to soybean meal ratio
Soybean Oil to Soybean Meal ratio = Soybean Oil price per Pound ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6800 ÷ $328.36 = 0.002071. The inverse is 482.9.
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 soybean oil to soybean meal ratio today?
The soybean oil to soybean meal ratio is 0.002071 — Soybean Oil at $0.6800 per Pound divided by Soybean Meal at $328.36 per Bushel, from live mid-market prices.
How do you calculate the soybean oil to soybean meal ratio?
Divide the soybean oil price per Pound 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 Pound of soybean oil.
What is the inverse of the soybean oil to soybean meal ratio?
The inverse, soybean meal to soybean oil, is 482.9 — how many Pounds of soybean oil one Bushel of soybean meal buys.