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Is there a converter to convert the price per bushel of soybean meal into the price per ton?
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Answered 2012-08-28 04:57:09
For soybeans, you don't even need a converter, sites like the one below display the price both by the bushel or the tonne (metric ton).
But if you need one, you can just multiply the dollar price per bushel by 36.743 to get the price per tonne.
Soybean meal is not sold by the bushel, which is an unit of volume for crops only, i.e. soybeans, not processed products which are sold by weight. A bushel of soybeans is standardized at 60 pounds, but there is no such standardization for soybean meal.
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