Commodity ratio · live

Soybean Meal to Naphtha Ratio

The soybean meal to naphtha ratio is 0.4329 Soybean Meal at $327.81 per Bushel divided by Naphtha at $757.20 per Metric Ton.

Prices as of Aug 24, 2026, 11:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Bushel

Soybean Meal to Naphtha ratio

0.4329-16.70% / 1Y

1.000 Bu of soybean meal = 0.4329 T of naphtha

Inverse (NAPHTHA/ZM): 2.310 — one Metric Ton of naphtha buys that much soybean meal.

Close to the middle of its 1 year range. (31th percentile of the last 1 year)

Soybean Meal

$327.81

per Bushel

Naphtha

$757.20

per Metric Ton

Unit basis: USD per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of naphtha per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 11:28:12 GMT.

1Y average

0.4873

median 0.4998

1Y low

0.3070

Apr 7, 2026

1Y high

0.6273

Nov 28, 2025

Normal band

0.4013–0.5733

mean ± 1 std dev

Deviation from mean

-0.63σ

248 observations

Soybean Meal to Naphtha ratio charts

Pick a range once — it applies to the ZM/NAPHTHA ratio line, the OHLC candles and the Soybean Meal / Naphtha price chart below.

ZM/NAPHTHA ratio line

How many T of Naphtha one Bu of Soybean Meal buys, over 1Y.

ZM/NAPHTHA ratio candles

Open, high, low and close of the ZM/NAPHTHA ratio for each period in the last 1Y.

Soybean Meal and Naphtha 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 naphtha ratio

Soybean Meal to Naphtha ratio = Soybean Meal price per Bushel ÷ Naphtha price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of naphtha per Bushel of soybean meal — rather than a plain count.

Worked example, live prices: $327.81 ÷ $757.20 = 0.4329. The inverse is 2.310.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the soybean meal to naphtha ratio today?

The soybean meal to naphtha ratio is 0.4329 — Soybean Meal at $327.81 per Bushel divided by Naphtha at $757.20 per Metric Ton, from live mid-market prices.

How do you calculate the soybean meal to naphtha ratio?

Divide the soybean meal price per Bushel by the naphtha 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 naphtha per Bushel of soybean meal.

What is the inverse of the soybean meal to naphtha ratio?

The inverse, naphtha to soybean meal, is 2.310 — how many Bushels of soybean meal one Metric Ton of naphtha buys.

Soybean Meal to Naphtha Ratio — 0.4329 Today | CommodityPriceAPI