Commodity ratio · live
Soybean Meal to Cobalt Ratio
The soybean meal to cobalt ratio is 0.005832 — Soybean Meal at $328.31 per Bushel divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Cobalt ratio
1.000 Bu of soybean meal = 0.005832 T of cobalt
Inverse (COB/ZM): 171.5 — one Metric Ton of cobalt buys that much soybean meal.
Close to the middle of its 1 year range. (64th percentile of the last 1 year)
Soybean Meal
$328.31
per Bushel
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:25:52 GMT.
1Y average
0.006104
median 0.005726
1Y low
0.005146
Jan 16, 2026
1Y high
0.008860
Aug 26, 2025
Normal band
0.005160–0.007048
mean ± 1 std dev
Deviation from mean
-0.29σ
250 observations
Soybean Meal to Cobalt ratio charts
Pick a range once — it applies to the ZM/COB ratio line, the OHLC candles and the Soybean Meal / Cobalt price chart below.
ZM/COB ratio line
How many T of Cobalt one Bu of Soybean Meal buys, over 1Y.
ZM/COB ratio candles
Open, high, low and close of the ZM/COB ratio for each period in the last 1Y.
Soybean Meal and Cobalt 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 cobalt ratio
Soybean Meal to Cobalt ratio = Soybean Meal price per Bushel ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.31 ÷ $56,290.00 = 0.005832. The inverse is 171.5.
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 meal to cobalt ratio today?
The soybean meal to cobalt ratio is 0.005832 — Soybean Meal at $328.31 per Bushel divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the soybean meal to cobalt ratio?
Divide the soybean meal price per Bushel by the cobalt 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 cobalt per Bushel of soybean meal.
What is the inverse of the soybean meal to cobalt ratio?
The inverse, cobalt to soybean meal, is 171.5 — how many Bushels of soybean meal one Metric Ton of cobalt buys.