Commodity ratio · live
Soybean Meal to Copper Futures Ratio
The soybean meal to copper futures ratio is 49.73 — Soybean Meal at $328.21 per Bushel divided by Copper Futures at $6.60 per Pound.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Copper Futures ratio
1.000 Bu of soybean meal = 49.729 Lb of copper futures
Inverse (HG-FUT/ZM): 0.02011 — one Pound of copper futures buys that much soybean meal.
Below its 1 year average. (16th percentile of the last 1 year)
Soybean Meal
$328.21
per Bushel
Copper Futures
$6.60
per Pound
Unit basis: USD per Bushel ÷ USD per Pound. The ratio reads as Pounds of copper futures per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 12:24:16 GMT.
1Y average
54.42
median 53.57
1Y low
46.08
Jun 16, 2026
1Y high
67.50
Nov 17, 2025
Normal band
49.59–59.24
mean ± 1 std dev
Deviation from mean
-0.97σ
241 observations
Soybean Meal to Copper Futures ratio charts
Pick a range once — it applies to the ZM/HG-FUT ratio line, the OHLC candles and the Soybean Meal / Copper Futures price chart below.
ZM/HG-FUT ratio line
How many Lb of Copper Futures one Bu of Soybean Meal buys, over 1Y.
ZM/HG-FUT ratio candles
Open, high, low and close of the ZM/HG-FUT ratio for each period in the last 1Y.
Soybean Meal and Copper Futures 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 copper futures ratio
Soybean Meal to Copper Futures ratio = Soybean Meal price per Bushel ÷ Copper Futures price per Pound
The two legs use different units, so the result is a rate — Pounds of copper futures per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.21 ÷ $6.60 = 49.73. The inverse is 0.02011.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the soybean meal to copper futures ratio today?
The soybean meal to copper futures ratio is 49.73 — Soybean Meal at $328.21 per Bushel divided by Copper Futures at $6.60 per Pound, from live mid-market prices.
How do you calculate the soybean meal to copper futures ratio?
Divide the soybean meal price per Bushel by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Bushel of soybean meal.
What is the inverse of the soybean meal to copper futures ratio?
The inverse, copper futures to soybean meal, is 0.02011 — how many Bushels of soybean meal one Pound of copper futures buys.