Commodity ratio · live
Soybean Meal to Cotton Ratio
The soybean meal to cotton ratio is 368.9 — Soybean Meal at $328.31 per Bushel divided by Cotton at $0.8900 per Pound.
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 Cotton ratio
1.000 Bu of soybean meal = 368.888 Lb of cotton
Inverse (CT/ZM): 0.002711 — one Pound of cotton buys that much soybean meal.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Soybean Meal
$328.31
per Bushel
Cotton
$0.8900
per Pound
Unit basis: USD per Bushel ÷ USD per Pound. The ratio reads as Pounds of cotton per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:25:10 GMT.
1Y average
435.3
median 428.1
1Y low
356.1
Aug 21, 2026
1Y high
521.0
Nov 17, 2025
Normal band
396.2–474.3
mean ± 1 std dev
Deviation from mean
-1.70σ
252 observations
Soybean Meal to Cotton ratio charts
Pick a range once — it applies to the ZM/CT ratio line, the OHLC candles and the Soybean Meal / Cotton price chart below.
ZM/CT ratio line
How many Lb of Cotton one Bu of Soybean Meal buys, over 1Y.
ZM/CT ratio candles
Open, high, low and close of the ZM/CT ratio for each period in the last 1Y.
Soybean Meal and Cotton 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 cotton ratio
Soybean Meal to Cotton ratio = Soybean Meal price per Bushel ÷ Cotton price per Pound
The two legs use different units, so the result is a rate — Pounds of cotton per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.31 ÷ $0.8900 = 368.9. The inverse is 0.002711.
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 cotton ratio today?
The soybean meal to cotton ratio is 368.9 — Soybean Meal at $328.31 per Bushel divided by Cotton at $0.8900 per Pound, from live mid-market prices.
How do you calculate the soybean meal to cotton ratio?
Divide the soybean meal price per Bushel by the cotton price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cotton per Bushel of soybean meal.
What is the inverse of the soybean meal to cotton ratio?
The inverse, cotton to soybean meal, is 0.002711 — how many Bushels of soybean meal one Pound of cotton buys.