Commodity ratio · live
Corn to Steel Ratio
The corn to steel ratio is 0.001696 — Corn at $5.20 per Bushel divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Corn to Steel ratio
1.000 Bu of corn = 0.001696 T of steel
Inverse (STEEL/CORN): 589.5 — one Metric Ton of steel buys that much corn.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Corn
¢5.20
per Bushel
Steel
¥3,066.00
per Metric Ton
Unit basis: US Cent per Bushel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Bushel of corn. Prices as of Mon, 24 Aug 2026 10:25:47 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
0.001440
median 0.001440
1Y low
0.001288
Aug 28, 2025
1Y high
0.001669
Aug 21, 2026
Normal band
0.001383–0.001498
mean ± 1 std dev
Deviation from mean
+4.45σ
252 observations
Corn to Steel ratio charts
Pick a range once — it applies to the CORN/STEEL ratio line, the OHLC candles and the Corn / Steel price chart below.
CORN/STEEL ratio line
How many T of Steel one Bu of Corn buys, over 1Y.
CORN/STEEL ratio candles
Open, high, low and close of the CORN/STEEL ratio for each period in the last 1Y.
Corn 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 corn to steel ratio
Corn to Steel ratio = Corn price per Bushel ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Bushel of corn — rather than a plain count.
Worked example, live prices: $5.20 ÷ $3,066.00 = 0.001696. The inverse is 589.5.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the corn to steel ratio today?
The corn to steel ratio is 0.001696 — Corn at $5.20 per Bushel divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the corn to steel ratio?
Divide the corn price per Bushel 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 Bushel of corn.
What is the inverse of the corn to steel ratio?
The inverse, steel to corn, is 589.5 — how many Bushels of corn one Metric Ton of steel buys.