Commodity ratio · live

Corn to Magnesium Ratio

The corn to magnesium ratio is 0.0003074 Corn at $5.19 per Bushel divided by Magnesium at $16,900.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Bushel

Corn to Magnesium ratio

0.0003074+36.52% / 1Y

1.000 Bu of corn = 0.0003074 T of magnesium

Inverse (MG/CORN): 3253 — one Metric Ton of magnesium buys that much corn.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

Corn

¢5.19

per Bushel

Magnesium

¥16,900.00

per Metric Ton

Unit basis: US Cent per Bushel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Bushel of corn. Prices as of Mon, 24 Aug 2026 11:15:35 GMT.

These two commodities are quoted in different currencies (US Cent and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.0002563

median 0.0002562

1Y low

0.0002221

Aug 27, 2025

1Y high

0.0003013

Aug 21, 2026

Normal band

0.0002435–0.0002691

mean ± 1 std dev

Deviation from mean

+3.98σ

249 observations

Corn to Magnesium ratio charts

Pick a range once — it applies to the CORN/MG ratio line, the OHLC candles and the Corn / Magnesium price chart below.

CORN/MG ratio line

How many T of Magnesium one Bu of Corn buys, over 1Y.

CORN/MG ratio candles

Open, high, low and close of the CORN/MG ratio for each period in the last 1Y.

Corn 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 corn to magnesium ratio

Corn to Magnesium ratio = Corn price per Bushel ÷ Magnesium price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of magnesium per Bushel of corn — rather than a plain count.

Worked example, live prices: $5.19 ÷ $16,900.00 = 0.0003074. The inverse is 3253.

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 corn to magnesium ratio today?

The corn to magnesium ratio is 0.0003074 — Corn at $5.19 per Bushel divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.

How do you calculate the corn to magnesium ratio?

Divide the corn price per Bushel 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 Bushel of corn.

What is the inverse of the corn to magnesium ratio?

The inverse, magnesium to corn, is 3253 — how many Bushels of corn one Metric Ton of magnesium buys.

Corn to Magnesium Ratio — 0.0003074 Today | CommodityPriceAPI