Commodity ratio · live
Soybean Meal to Canola Ratio
The soybean meal to canola ratio is 0.4162 — Soybean Meal at $328.16 per Bushel divided by Canola at $788.45 per Metric Ton.
Prices as of Aug 24, 2026, 12:17 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Canola ratio
1.000 Bu of soybean meal = 0.4162 T of canola
Inverse (CANOLA/ZM): 2.403 — one Metric Ton of canola buys that much soybean meal.
Below its 1 year average. (22th percentile of the last 1 year)
Soybean Meal
$328.16
per Bushel
Canola
CA$788.45
per Metric Ton
Unit basis: USD per Bushel ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 12:17:03 GMT.
These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.4495
median 0.4511
1Y low
0.3828
Aug 13, 2026
1Y high
0.5260
Nov 6, 2025
Normal band
0.4156–0.4835
mean ± 1 std dev
Deviation from mean
-0.98σ
251 observations
Soybean Meal to Canola ratio charts
Pick a range once — it applies to the ZM/CANOLA ratio line, the OHLC candles and the Soybean Meal / Canola price chart below.
ZM/CANOLA ratio line
How many T of Canola one Bu of Soybean Meal buys, over 1Y.
ZM/CANOLA ratio candles
Open, high, low and close of the ZM/CANOLA ratio for each period in the last 1Y.
Soybean Meal 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 meal to canola ratio
Soybean Meal to Canola ratio = Soybean Meal price per Bushel ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.16 ÷ $788.45 = 0.4162. The inverse is 2.403.
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 meal to canola ratio today?
The soybean meal to canola ratio is 0.4162 — Soybean Meal at $328.16 per Bushel divided by Canola at $788.45 per Metric Ton, from live mid-market prices.
How do you calculate the soybean meal to canola ratio?
Divide the soybean meal price per Bushel 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 Bushel of soybean meal.
What is the inverse of the soybean meal to canola ratio?
The inverse, canola to soybean meal, is 2.403 — how many Bushels of soybean meal one Metric Ton of canola buys.