Commodity ratio · live
Boxed Beef Cutout, Choice to Iron Ore 62% FE Ratio
The boxed beef cutout, choice to iron ore 62% fe ratio is 4.105 — Boxed Beef Cutout, Choice at $391.15 per Hundredweight divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 11:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Boxed Beef Cutout, Choice to Iron Ore 62% FE ratio
1.000 cwt of boxed beef cutout, choice = 4.105 T of iron ore 62% fe
Inverse (TIOC/BEEF-CHOICE): 0.2436 — one Metric Ton of iron ore 62% fe buys that much boxed beef cutout, choice.
Above its 1 year average. (82th percentile of the last 1 year)
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Hundredweight of boxed beef cutout, choice. Prices as of Mon, 24 Aug 2026 11:24:43 GMT.
1Y average
3.983
median 3.943
1Y low
3.266
Aug 6, 2026
1Y high
4.217
Aug 19, 2026
Normal band
3.886–4.080
mean ± 1 std dev
Deviation from mean
+1.26σ
11 observations
Boxed Beef Cutout, Choice to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the BEEF-CHOICE/TIOC ratio line, the OHLC candles and the Boxed Beef Cutout, Choice / Iron Ore 62% FE price chart below.
BEEF-CHOICE/TIOC ratio line
How many T of Iron Ore 62% FE one cwt of Boxed Beef Cutout, Choice buys, over 1Y.
BEEF-CHOICE/TIOC ratio candles
Open, high, low and close of the BEEF-CHOICE/TIOC ratio for each period in the last 1Y.
Boxed Beef Cutout, Choice and Iron Ore 62% FE 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 iron ore 62% fe ratio
Boxed Beef Cutout, Choice to Iron Ore 62% FE ratio = Boxed Beef Cutout, Choice price per Hundredweight ÷ Iron Ore 62% FE price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore 62% fe per Hundredweight of boxed beef cutout, choice — rather than a plain count.
Worked example, live prices: $391.15 ÷ $95.28 = 4.105. The inverse is 0.2436.
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 boxed beef cutout, choice to iron ore 62% fe ratio today?
The boxed beef cutout, choice to iron ore 62% fe ratio is 4.105 — Boxed Beef Cutout, Choice at $391.15 per Hundredweight divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the boxed beef cutout, choice to iron ore 62% fe ratio?
Divide the boxed beef cutout, choice price per Hundredweight by the iron ore 62% fe 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 iron ore 62% fe per Hundredweight of boxed beef cutout, choice.
What is the inverse of the boxed beef cutout, choice to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to boxed beef cutout, choice, is 0.2436 — how many Hundredweights of boxed beef cutout, choice one Metric Ton of iron ore 62% fe buys.