Commodity ratio · live
Canola to Iron Ore 62% FE Ratio
The canola to iron ore 62% fe ratio is 8.273 — Canola at $788.24 per Metric Ton divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Canola to Iron Ore 62% FE ratio
1.000 T of canola = 8.273 T of iron ore 62% fe
Inverse (TIOC/CANOLA): 0.1209 — one Metric Ton of iron ore 62% fe buys that much canola.
Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)
Canola
CA$788.24
per Metric Ton
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: CAD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 11:31:51 GMT.
These two commodities are quoted in different currencies (CAD and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
6.617
median 6.604
1Y low
5.364
Dec 19, 2025
1Y high
8.779
Aug 19, 2026
Normal band
5.803–7.431
mean ± 1 std dev
Deviation from mean
+2.03σ
203 observations
Canola to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the CANOLA/TIOC ratio line, the OHLC candles and the Canola / Iron Ore 62% FE price chart below.
CANOLA/TIOC ratio line
How many T of Iron Ore 62% FE one T of Canola buys, over 1Y.
CANOLA/TIOC ratio candles
Open, high, low and close of the CANOLA/TIOC ratio for each period in the last 1Y.
Canola 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 canola to iron ore 62% fe ratio
Canola to Iron Ore 62% FE ratio = Canola price per Metric Ton ÷ 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 Metric Ton of canola — rather than a plain count.
Worked example, live prices: $788.24 ÷ $95.28 = 8.273. The inverse is 0.1209.
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 canola to iron ore 62% fe ratio today?
The canola to iron ore 62% fe ratio is 8.273 — Canola at $788.24 per Metric Ton divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the canola to iron ore 62% fe ratio?
Divide the canola price per Metric Ton 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 Metric Ton of canola.
What is the inverse of the canola to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to canola, is 0.1209 — how many Metric Tons of canola one Metric Ton of iron ore 62% fe buys.