Commodity ratio · live
Wheat, U.S., HRW to Soybean Meal Ratio
The wheat, u.s., hrw to soybean meal ratio is 0.9246 — Wheat, U.S., HRW at $303.00 per Metric Ton divided by Soybean Meal at $327.71 per Bushel.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat, U.S., HRW to Soybean Meal ratio
1.000 T of wheat, u.s., hrw = 0.9246 Bu of soybean meal
Inverse (ZM/ZWHRW): 1.082 — one Bushel of soybean meal buys that much wheat, u.s., hrw.
Wheat, U.S., HRW
$303.00
per Metric Ton
Soybean Meal
$327.71
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of wheat, u.s., hrw. Prices as of Mon, 24 Aug 2026 11:26:47 GMT.
Wheat, U.S., HRW to Soybean Meal ratio charts
Pick a range once — it applies to the ZWHRW/ZM ratio line, the OHLC candles and the Wheat, U.S., HRW / Soybean Meal price chart below.
ZWHRW/ZM ratio line
How many Bu of Soybean Meal one T of Wheat, U.S., HRW buys, over 1Y.
No overlapping history for ZWHRW/ZM over 1Y. Try a longer range.
ZWHRW/ZM ratio candles
Open, high, low and close of the ZWHRW/ZM ratio for each period in the last 1Y.
No overlapping history for ZWHRW/ZM over 1Y. Try a longer range.
Wheat, U.S., HRW and Soybean Meal prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the wheat, u.s., hrw to soybean meal ratio
Wheat, U.S., HRW to Soybean Meal ratio = Wheat, U.S., HRW price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of wheat, u.s., hrw — rather than a plain count.
Worked example, live prices: $303.00 ÷ $327.71 = 0.9246. The inverse is 1.082.
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 wheat, u.s., hrw to soybean meal ratio today?
The wheat, u.s., hrw to soybean meal ratio is 0.9246 — Wheat, U.S., HRW at $303.00 per Metric Ton divided by Soybean Meal at $327.71 per Bushel, from live mid-market prices.
How do you calculate the wheat, u.s., hrw to soybean meal ratio?
Divide the wheat, u.s., hrw price per Metric Ton by the soybean meal price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybean meal per Metric Ton of wheat, u.s., hrw.
What is the inverse of the wheat, u.s., hrw to soybean meal ratio?
The inverse, soybean meal to wheat, u.s., hrw, is 1.082 — how many Metric Tons of wheat, u.s., hrw one Bushel of soybean meal buys.