Commodity ratio · live
Boxed Beef Cutout, Choice to Magnesium Ratio
The boxed beef cutout, choice to magnesium ratio is 0.02314 — Boxed Beef Cutout, Choice at $391.15 per Hundredweight divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Boxed Beef Cutout, Choice to Magnesium ratio
1.000 cwt of boxed beef cutout, choice = 0.02314 T of magnesium
Inverse (MG/BEEF-CHOICE): 43.21 — one Metric Ton of magnesium buys that much boxed beef cutout, choice.
Near the top of its 1 year range — historically stretched. (92th percentile of the last 1 year)
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Hundredweight of boxed beef cutout, choice. Prices as of Mon, 24 Aug 2026 10:27:28 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.02232
median 0.02221
1Y low
0.02140
Aug 6, 2026
1Y high
0.02351
Aug 19, 2026
Normal band
0.02173–0.02291
mean ± 1 std dev
Deviation from mean
+1.41σ
13 observations
Boxed Beef Cutout, Choice to Magnesium ratio charts
Pick a range once — it applies to the BEEF-CHOICE/MG ratio line, the OHLC candles and the Boxed Beef Cutout, Choice / Magnesium price chart below.
BEEF-CHOICE/MG ratio line
How many T of Magnesium one cwt of Boxed Beef Cutout, Choice buys, over 1Y.
BEEF-CHOICE/MG ratio candles
Open, high, low and close of the BEEF-CHOICE/MG ratio for each period in the last 1Y.
Boxed Beef Cutout, Choice and Magnesium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the boxed beef cutout, choice to magnesium ratio
Boxed Beef Cutout, Choice to Magnesium ratio = Boxed Beef Cutout, Choice price per Hundredweight ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Hundredweight of boxed beef cutout, choice — rather than a plain count.
Worked example, live prices: $391.15 ÷ $16,900.00 = 0.02314. The inverse is 43.21.
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 boxed beef cutout, choice to magnesium ratio today?
The boxed beef cutout, choice to magnesium ratio is 0.02314 — Boxed Beef Cutout, Choice at $391.15 per Hundredweight divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the boxed beef cutout, choice to magnesium ratio?
Divide the boxed beef cutout, choice price per Hundredweight by the magnesium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of magnesium per Hundredweight of boxed beef cutout, choice.
What is the inverse of the boxed beef cutout, choice to magnesium ratio?
The inverse, magnesium to boxed beef cutout, choice, is 43.21 — how many Hundredweights of boxed beef cutout, choice one Metric Ton of magnesium buys.