Commodity ratio · live

Beef to Nickel Futures Ratio

The beef to nickel futures ratio is 0.02299 Beef at $391.15 per Kilogram divided by Nickel Futures at $17,015.88 per Metric Ton.

Prices as of Aug 24, 2026, 11:04 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Beef to Nickel Futures ratio

0.02299+4.96% / 1Y

1.000 kg of beef = 0.02299 T of nickel futures

Inverse (NICKEL-FUT/BEEF): 43.50 — one Metric Ton of nickel futures buys that much beef.

Above its 1 year average. (77th percentile of the last 1 year)

Beef

$391.15

per Kilogram

Nickel Futures

$17,015.88

per Metric Ton

Unit basis: USD per Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Kilogram of beef. Prices as of Mon, 24 Aug 2026 11:04:10 GMT.

1Y average

0.02236

median 0.02234

1Y low

0.02126

Aug 7, 2026

1Y high

0.02343

Aug 18, 2026

Normal band

0.02181–0.02290

mean ± 1 std dev

Deviation from mean

+1.15σ

13 observations

Beef to Nickel Futures ratio charts

Pick a range once — it applies to the BEEF/NICKEL-FUT ratio line, the OHLC candles and the Beef / Nickel Futures price chart below.

BEEF/NICKEL-FUT ratio line

How many T of Nickel Futures one kg of Beef buys, over 1Y.

BEEF/NICKEL-FUT ratio candles

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

Beef and Nickel Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the beef to nickel futures ratio

Beef to Nickel Futures ratio = Beef price per Kilogram ÷ Nickel Futures price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Kilogram of beef — rather than a plain count.

Worked example, live prices: $391.15 ÷ $17,015.88 = 0.02299. The inverse is 43.50.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the beef to nickel futures ratio today?

The beef to nickel futures ratio is 0.02299 — Beef at $391.15 per Kilogram divided by Nickel Futures at $17,015.88 per Metric Ton, from live mid-market prices.

How do you calculate the beef to nickel futures ratio?

Divide the beef price per Kilogram by the nickel futures 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 nickel futures per Kilogram of beef.

What is the inverse of the beef to nickel futures ratio?

The inverse, nickel futures to beef, is 43.50 — how many Kilograms of beef one Metric Ton of nickel futures buys.