Commodity ratio · live

Soybean Meal to Salmon Ratio

The soybean meal to salmon ratio is 4.742 Soybean Meal at $327.76 per Bushel divided by Salmon at $69.12 per Kilogram.

Prices as of Aug 24, 2026, 11:20 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Bushel

Soybean Meal to Salmon ratio

4.742+23.37% / 1Y

1.000 Bu of soybean meal = 4.742 Kg of salmon

Inverse (SALMON/ZM): 0.2109 — one Kilogram of salmon buys that much soybean meal.

Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)

Soybean Meal

$327.76

per Bushel

Salmon

kr69.12

per Kilogram

Unit basis: USD per Bushel ÷ NOK per Kilogram. The ratio reads as Kilograms of salmon per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 11:20:07 GMT.

These two commodities are quoted in different currencies (USD and NOK). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

4.273

median 4.262

1Y low

3.616

Dec 10, 2025

1Y high

5.292

Apr 14, 2026

Normal band

3.971–4.574

mean ± 1 std dev

Deviation from mean

+1.56σ

249 observations

Soybean Meal to Salmon ratio charts

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

ZM/SALMON ratio line

How many Kg of Salmon one Bu of Soybean Meal buys, over 1Y.

ZM/SALMON ratio candles

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

Soybean Meal and Salmon 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 salmon ratio

Soybean Meal to Salmon ratio = Soybean Meal price per Bushel ÷ Salmon price per Kilogram

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

Worked example, live prices: $327.76 ÷ $69.12 = 4.742. The inverse is 0.2109.

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 salmon ratio today?

The soybean meal to salmon ratio is 4.742 — Soybean Meal at $327.76 per Bushel divided by Salmon at $69.12 per Kilogram, from live mid-market prices.

How do you calculate the soybean meal to salmon ratio?

Divide the soybean meal price per Bushel by the salmon price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of salmon per Bushel of soybean meal.

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

The inverse, salmon to soybean meal, is 0.2109 — how many Bushels of soybean meal one Kilogram of salmon buys.

Soybean Meal to Salmon Ratio — 4.742 Today | CommodityPriceAPI