Commodity ratio · live

Soybean Meal to Cocoa Ratio

The soybean meal to cocoa ratio is 0.05518 Soybean Meal at $327.76 per Bushel divided by Cocoa at $5,939.92 per Metric Ton.

Prices as of Aug 24, 2026, 12:10 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Bushel

Soybean Meal to Cocoa ratio

0.05518+48.45% / 1Y

1.000 Bu of soybean meal = 0.05518 T of cocoa

Inverse (CC/ZM): 18.12 — one Metric Ton of cocoa buys that much soybean meal.

Close to the middle of its 1 year range. (41th percentile of the last 1 year)

Soybean Meal

$327.76

per Bushel

Cocoa

$5,939.92

per Metric Ton

Unit basis: USD per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of cocoa per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 12:10:11 GMT.

1Y average

1.472

median 0.06074

1Y low

0.03661

Aug 25, 2025

1Y high

355.8

Nov 25, 2025

Normal band

0.000–23.69

mean ± 1 std dev

Deviation from mean

-0.06σ

251 observations

Soybean Meal to Cocoa ratio charts

Pick a range once — it applies to the ZM/CC ratio line, the OHLC candles and the Soybean Meal / Cocoa price chart below.

ZM/CC ratio line

How many T of Cocoa one Bu of Soybean Meal buys, over 1Y.

ZM/CC ratio candles

Open, high, low and close of the ZM/CC ratio for each period in the last 1Y.

Soybean Meal and Cocoa 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 cocoa ratio

Soybean Meal to Cocoa ratio = Soybean Meal price per Bushel ÷ Cocoa price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of cocoa per Bushel of soybean meal — rather than a plain count.

Worked example, live prices: $327.76 ÷ $5,939.92 = 0.05518. The inverse is 18.12.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the soybean meal to cocoa ratio today?

The soybean meal to cocoa ratio is 0.05518 — Soybean Meal at $327.76 per Bushel divided by Cocoa at $5,939.92 per Metric Ton, from live mid-market prices.

How do you calculate the soybean meal to cocoa ratio?

Divide the soybean meal price per Bushel by the cocoa 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 cocoa per Bushel of soybean meal.

What is the inverse of the soybean meal to cocoa ratio?

The inverse, cocoa to soybean meal, is 18.12 — how many Bushels of soybean meal one Metric Ton of cocoa buys.

Soybean Meal to Cocoa Ratio — 0.05518 Today | CommodityPriceAPI