Commodity ratio · live
Soybean Meal to Oats Future Ratio
The soybean meal to oats future ratio is 0.9983 — Soybean Meal at $327.96 per Bushel divided by Oats Future at $328.51 per Bushel.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Oats Future ratio
1.000 Bu of soybean meal = 0.9983 Bu of oats future
Inverse (OAT-FUT/ZM): 1.002 — one Bushel of oats future buys that much soybean meal.
Close to the middle of its 1 year range. (59th percentile of the last 1 year)
Soybean Meal
$327.96
per Bushel
Oats Future
$328.51
per Bushel
Unit basis: USD per Bushel ÷ USD per Bushel. The ratio reads as Bushels of oats future per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 11:29:55 GMT.
1Y average
0.9877
median 0.9877
1Y low
0.8302
Mar 13, 2026
1Y high
1.340
Jun 30, 2026
Normal band
0.9259–1.049
mean ± 1 std dev
Deviation from mean
+0.17σ
241 observations
Soybean Meal to Oats Future ratio charts
Pick a range once — it applies to the ZM/OAT-FUT ratio line, the OHLC candles and the Soybean Meal / Oats Future price chart below.
ZM/OAT-FUT ratio line
How many Bu of Oats Future one Bu of Soybean Meal buys, over 1Y.
ZM/OAT-FUT ratio candles
Open, high, low and close of the ZM/OAT-FUT ratio for each period in the last 1Y.
Soybean Meal and Oats Future 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 oats future ratio
Soybean Meal to Oats Future ratio = Soybean Meal price per Bushel ÷ Oats Future price per Bushel
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $327.96 ÷ $328.51 = 0.9983. The inverse is 1.002.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the soybean meal to oats future ratio today?
The soybean meal to oats future ratio is 0.9983 — Soybean Meal at $327.96 per Bushel divided by Oats Future at $328.51 per Bushel, from live mid-market prices.
How do you calculate the soybean meal to oats future ratio?
Divide the soybean meal price per Bushel by the oats future price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of oats future per Bushel of soybean meal.
What is the inverse of the soybean meal to oats future ratio?
The inverse, oats future to soybean meal, is 1.002 — how many Bushels of soybean meal one Bushel of oats future buys.