Commodity ratio · live
Soybean Meal to Silver Ratio
The soybean meal to silver ratio is 4.761 — Soybean Meal at $328.36 per Bushel divided by Silver at $68.97 per Troy Ounce.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Silver ratio
1.000 Bu of soybean meal = 4.761 T.oz of silver
Inverse (XAG/ZM): 0.2100 — one Troy Ounce of silver buys that much soybean meal.
Close to the middle of its 1 year range. (52th percentile of the last 1 year)
Soybean Meal
$328.36
per Bushel
Silver
$68.97
per Troy Ounce
Unit basis: USD per Bushel ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:28:01 GMT.
1Y average
4.927
median 4.739
1Y low
2.483
Jan 27, 2026
1Y high
7.731
Aug 27, 2025
Normal band
3.832–6.022
mean ± 1 std dev
Deviation from mean
-0.15σ
252 observations
Soybean Meal to Silver ratio charts
Pick a range once — it applies to the ZM/XAG ratio line, the OHLC candles and the Soybean Meal / Silver price chart below.
ZM/XAG ratio line
How many T.oz of Silver one Bu of Soybean Meal buys, over 1Y.
ZM/XAG ratio candles
Open, high, low and close of the ZM/XAG ratio for each period in the last 1Y.
Soybean Meal and Silver 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 silver ratio
Soybean Meal to Silver ratio = Soybean Meal price per Bushel ÷ Silver price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of silver per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.36 ÷ $68.97 = 4.761. The inverse is 0.2100.
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 silver ratio today?
The soybean meal to silver ratio is 4.761 — Soybean Meal at $328.36 per Bushel divided by Silver at $68.97 per Troy Ounce, from live mid-market prices.
How do you calculate the soybean meal to silver ratio?
Divide the soybean meal price per Bushel by the silver price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of silver per Bushel of soybean meal.
What is the inverse of the soybean meal to silver ratio?
The inverse, silver to soybean meal, is 0.2100 — how many Bushels of soybean meal one Troy Ounce of silver buys.