Commodity ratio · live
Soybean Meal to Cheese Ratio
The soybean meal to cheese ratio is 203.6 — Soybean Meal at $327.76 per Bushel divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Cheese ratio
1.000 Bu of soybean meal = 203.578 Lb of cheese
Inverse (CHE/ZM): 0.004912 — one Pound of cheese buys that much soybean meal.
Above its 1 year average. (86th percentile of the last 1 year)
Soybean Meal
$327.76
per Bushel
Cheese
$1.61
per Pound
Unit basis: USD per Bushel ÷ USD per Pound. The ratio reads as Pounds of cheese per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 11:18:13 GMT.
1Y average
189.0
median 191.9
1Y low
151.8
Sep 26, 2025
1Y high
216.6
Jan 26, 2026
Normal band
173.5–204.6
mean ± 1 std dev
Deviation from mean
+0.93σ
251 observations
Soybean Meal to Cheese ratio charts
Pick a range once — it applies to the ZM/CHE ratio line, the OHLC candles and the Soybean Meal / Cheese price chart below.
ZM/CHE ratio line
How many Lb of Cheese one Bu of Soybean Meal buys, over 1Y.
ZM/CHE ratio candles
Open, high, low and close of the ZM/CHE ratio for each period in the last 1Y.
Soybean Meal and Cheese 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 cheese ratio
Soybean Meal to Cheese ratio = Soybean Meal price per Bushel ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $327.76 ÷ $1.61 = 203.6. The inverse is 0.004912.
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 cheese ratio today?
The soybean meal to cheese ratio is 203.6 — Soybean Meal at $327.76 per Bushel divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the soybean meal to cheese ratio?
Divide the soybean meal price per Bushel by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Bushel of soybean meal.
What is the inverse of the soybean meal to cheese ratio?
The inverse, cheese to soybean meal, is 0.004912 — how many Bushels of soybean meal one Pound of cheese buys.