Commodity ratio · live
Soybean Meal to Soybeans Futures Ratio
The soybean meal to soybeans futures ratio is 26.82 — Soybean Meal at $328.36 per Bushel divided by Soybeans Futures at $12.24 per Bushel.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Soybeans Futures ratio
1.000 Bu of soybean meal = 26.817 Bu of soybeans futures
Inverse (SOYBEAN-FUT/ZM): 0.03729 — one Bushel of soybeans futures buys that much soybean meal.
Below its 1 year average. (12th percentile of the last 1 year)
Soybean Meal
$328.36
per Bushel
Soybeans Futures
¢12.24
per Bushel
Unit basis: USD per Bushel ÷ US Cent per Bushel. The ratio reads as Bushels of soybeans futures per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:34:36 GMT.
1Y average
27.59
median 27.52
1Y low
25.60
Mar 11, 2026
1Y high
29.87
Oct 31, 2025
Normal band
26.87–28.31
mean ± 1 std dev
Deviation from mean
-1.08σ
251 observations
Soybean Meal to Soybeans Futures ratio charts
Pick a range once — it applies to the ZM/SOYBEAN-FUT ratio line, the OHLC candles and the Soybean Meal / Soybeans Futures price chart below.
ZM/SOYBEAN-FUT ratio line
How many Bu of Soybeans Futures one Bu of Soybean Meal buys, over 1Y.
ZM/SOYBEAN-FUT ratio candles
Open, high, low and close of the ZM/SOYBEAN-FUT ratio for each period in the last 1Y.
Soybean Meal and Soybeans 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 soybeans futures ratio
Soybean Meal to Soybeans Futures ratio = Soybean Meal price per Bushel ÷ Soybeans Futures price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybeans futures per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.36 ÷ $12.24 = 26.82. The inverse is 0.03729.
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 soybeans futures ratio today?
The soybean meal to soybeans futures ratio is 26.82 — Soybean Meal at $328.36 per Bushel divided by Soybeans Futures at $12.24 per Bushel, from live mid-market prices.
How do you calculate the soybean meal to soybeans futures ratio?
Divide the soybean meal price per Bushel by the soybeans futures price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybeans futures per Bushel of soybean meal.
What is the inverse of the soybean meal to soybeans futures ratio?
The inverse, soybeans futures to soybean meal, is 0.03729 — how many Bushels of soybean meal one Bushel of soybeans futures buys.