Commodity ratio · live
Soybean Meal to Ethanol Ratio
The soybean meal to ethanol ratio is 154.9 — Soybean Meal at $328.36 per Bushel divided by Ethanol at $2.12 per Gallon.
Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Ethanol ratio
1.000 Bu of soybean meal = 154.887 Gal of ethanol
Inverse (ETHANOL/ZM): 0.006456 — one Gallon of ethanol buys that much soybean meal.
Below its 1 year average. (13th percentile of the last 1 year)
Soybean Meal
$328.36
per Bushel
Ethanol
$2.12
per Gallon
Unit basis: USD per Bushel ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:26:10 GMT.
1Y average
169.6
median 165.7
1Y low
139.1
Sep 4, 2025
1Y high
202.0
Dec 4, 2025
Normal band
155.0–184.2
mean ± 1 std dev
Deviation from mean
-1.01σ
250 observations
Soybean Meal to Ethanol ratio charts
Pick a range once — it applies to the ZM/ETHANOL ratio line, the OHLC candles and the Soybean Meal / Ethanol price chart below.
ZM/ETHANOL ratio line
How many Gal of Ethanol one Bu of Soybean Meal buys, over 1Y.
ZM/ETHANOL ratio candles
Open, high, low and close of the ZM/ETHANOL ratio for each period in the last 1Y.
Soybean Meal and Ethanol 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 ethanol ratio
Soybean Meal to Ethanol ratio = Soybean Meal price per Bushel ÷ Ethanol price per Gallon
The two legs use different units, so the result is a rate — Gallons of ethanol per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.36 ÷ $2.12 = 154.9. The inverse is 0.006456.
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 ethanol ratio today?
The soybean meal to ethanol ratio is 154.9 — Soybean Meal at $328.36 per Bushel divided by Ethanol at $2.12 per Gallon, from live mid-market prices.
How do you calculate the soybean meal to ethanol ratio?
Divide the soybean meal price per Bushel by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Bushel of soybean meal.
What is the inverse of the soybean meal to ethanol ratio?
The inverse, ethanol to soybean meal, is 0.006456 — how many Bushels of soybean meal one Gallon of ethanol buys.