Commodity ratio · live
Soybean Meal to Lumber Futures Ratio
The soybean meal to lumber futures ratio is 0.5721 — Soybean Meal at $328.41 per Bushel divided by Lumber Futures at $574.00 per Thousand Board Feet.
Prices as of Aug 24, 2026, 10:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Lumber Futures ratio
1.000 Bu of soybean meal = 0.5721 Mbf of lumber futures
Inverse (LB-FUT/ZM): 1.748 — one Thousand Board Feet of lumber futures buys that much soybean meal.
Above its 1 year average. (86th percentile of the last 1 year)
Soybean Meal
$328.41
per Bushel
Lumber Futures
$574.00
per Thousand Board Feet
Unit basis: USD per Bushel ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:31:07 GMT.
1Y average
0.5314
median 0.5389
1Y low
0.4368
Oct 15, 2025
1Y high
0.6507
Nov 12, 2025
Normal band
0.4924–0.5703
mean ± 1 std dev
Deviation from mean
+1.05σ
251 observations
Soybean Meal to Lumber Futures ratio charts
Pick a range once — it applies to the ZM/LB-FUT ratio line, the OHLC candles and the Soybean Meal / Lumber Futures price chart below.
ZM/LB-FUT ratio line
How many Mbf of Lumber Futures one Bu of Soybean Meal buys, over 1Y.
ZM/LB-FUT ratio candles
Open, high, low and close of the ZM/LB-FUT ratio for each period in the last 1Y.
Soybean Meal and Lumber 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 lumber futures ratio
Soybean Meal to Lumber Futures ratio = Soybean Meal price per Bushel ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.41 ÷ $574.00 = 0.5721. The inverse is 1.748.
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 lumber futures ratio today?
The soybean meal to lumber futures ratio is 0.5721 — Soybean Meal at $328.41 per Bushel divided by Lumber Futures at $574.00 per Thousand Board Feet, from live mid-market prices.
How do you calculate the soybean meal to lumber futures ratio?
Divide the soybean meal price per Bushel by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Bushel of soybean meal.
What is the inverse of the soybean meal to lumber futures ratio?
The inverse, lumber futures to soybean meal, is 1.748 — how many Bushels of soybean meal one Thousand Board Feet of lumber futures buys.