Commodity ratio · live
Soybean Meal to Butter Ratio
The soybean meal to butter ratio is 0.07531 — Soybean Meal at $327.61 per Bushel divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Butter ratio
1.000 Bu of soybean meal = 0.07531 T of butter
Inverse (BUTTER/ZM): 13.28 — one Metric Ton of butter buys that much soybean meal.
Close to the middle of its 1 year range. (63th percentile of the last 1 year)
Soybean Meal
$327.61
per Bushel
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Bushel ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 11:23:59 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.06945
median 0.07295
1Y low
0.04245
Aug 25, 2025
1Y high
0.08604
May 15, 2026
Normal band
0.05838–0.08053
mean ± 1 std dev
Deviation from mean
+0.53σ
250 observations
Soybean Meal to Butter ratio charts
Pick a range once — it applies to the ZM/BUTTER ratio line, the OHLC candles and the Soybean Meal / Butter price chart below.
ZM/BUTTER ratio line
How many T of Butter one Bu of Soybean Meal buys, over 1Y.
ZM/BUTTER ratio candles
Open, high, low and close of the ZM/BUTTER ratio for each period in the last 1Y.
Soybean Meal and Butter prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soybean meal to butter ratio
Soybean Meal to Butter ratio = Soybean Meal price per Bushel ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $327.61 ÷ $4,350.00 = 0.07531. The inverse is 13.28.
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 meal to butter ratio today?
The soybean meal to butter ratio is 0.07531 — Soybean Meal at $327.61 per Bushel divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the soybean meal to butter ratio?
Divide the soybean meal price per Bushel by the butter 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 butter per Bushel of soybean meal.
What is the inverse of the soybean meal to butter ratio?
The inverse, butter to soybean meal, is 13.28 — how many Bushels of soybean meal one Metric Ton of butter buys.