Commodity ratio · live

Boxed Beef Cutout, Select to Steel Ratio

The boxed beef cutout, select to steel ratio is 0.1195 Boxed Beef Cutout, Select at $366.29 per Hundredweight divided by Steel at $3,066.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Boxed Beef Cutout, Select to Steel ratio

0.1195+3.04% / 1Y

1.000 cwt of boxed beef cutout, select = 0.1195 T of steel

Inverse (STEEL/BEEF-SELECT): 8.370 — one Metric Ton of steel buys that much boxed beef cutout, select.

Close to the middle of its 1 year range. (69th percentile of the last 1 year)

Boxed Beef Cutout, Select

$366.29

per Hundredweight

Steel

¥3,066.00

per Metric Ton

Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Hundredweight of boxed beef cutout, select. Prices as of Mon, 24 Aug 2026 10:30:25 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

0.1177

median 0.1167

1Y low

0.1152

Aug 12, 2026

1Y high

0.1216

Aug 18, 2026

Normal band

0.1157–0.1198

mean ± 1 std dev

Deviation from mean

+0.85σ

13 observations

Boxed Beef Cutout, Select to Steel ratio charts

Pick a range once — it applies to the BEEF-SELECT/STEEL ratio line, the OHLC candles and the Boxed Beef Cutout, Select / Steel price chart below.

BEEF-SELECT/STEEL ratio line

How many T of Steel one cwt of Boxed Beef Cutout, Select buys, over 1Y.

BEEF-SELECT/STEEL ratio candles

Open, high, low and close of the BEEF-SELECT/STEEL ratio for each period in the last 1Y.

Boxed Beef Cutout, Select and Steel 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, select to steel ratio

Boxed Beef Cutout, Select to Steel ratio = Boxed Beef Cutout, Select price per Hundredweight ÷ Steel price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of steel per Hundredweight of boxed beef cutout, select — rather than a plain count.

Worked example, live prices: $366.29 ÷ $3,066.00 = 0.1195. The inverse is 8.370.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the boxed beef cutout, select to steel ratio today?

The boxed beef cutout, select to steel ratio is 0.1195 — Boxed Beef Cutout, Select at $366.29 per Hundredweight divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.

How do you calculate the boxed beef cutout, select to steel ratio?

Divide the boxed beef cutout, select price per Hundredweight by the steel 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 steel per Hundredweight of boxed beef cutout, select.

What is the inverse of the boxed beef cutout, select to steel ratio?

The inverse, steel to boxed beef cutout, select, is 8.370 — how many Hundredweights of boxed beef cutout, select one Metric Ton of steel buys.

Boxed Beef Cutout, Select to Steel Ratio — 0.1195 Today | CommodityPriceAPI