Commodity ratio · live
Feeder Cattle to Steel Ratio
The feeder cattle to steel ratio is 0.1106 — Feeder Cattle at $339.10 per 50,000 Pounds divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:17 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Feeder Cattle to Steel ratio
1.000 50,000 lbs of feeder cattle = 0.1106 T of steel
Inverse (STEEL/FC1): 9.042 — one Metric Ton of steel buys that much feeder cattle.
Below its 1 year average. (13th percentile of the last 1 year)
Feeder Cattle
$339.10
per 50,000 Pounds
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per 50,000 Pounds ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per 50,000 Pounds of feeder cattle. Prices as of Mon, 24 Aug 2026 12:17:05 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
0.1150
median 0.1155
1Y low
0.09455
Jan 7, 2026
1Y high
0.1275
Aug 4, 2026
Normal band
0.1107–0.1193
mean ± 1 std dev
Deviation from mean
-1.02σ
202 observations
Feeder Cattle to Steel ratio charts
Pick a range once — it applies to the FC1/STEEL ratio line, the OHLC candles and the Feeder Cattle / Steel price chart below.
FC1/STEEL ratio line
How many T of Steel one 50,000 lbs of Feeder Cattle buys, over 1Y.
FC1/STEEL ratio candles
Open, high, low and close of the FC1/STEEL ratio for each period in the last 1Y.
Feeder Cattle 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 feeder cattle to steel ratio
Feeder Cattle to Steel ratio = Feeder Cattle price per 50,000 Pounds ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per 50,000 Pounds of feeder cattle — rather than a plain count.
Worked example, live prices: $339.10 ÷ $3,066.00 = 0.1106. The inverse is 9.042.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the feeder cattle to steel ratio today?
The feeder cattle to steel ratio is 0.1106 — Feeder Cattle at $339.10 per 50,000 Pounds divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the feeder cattle to steel ratio?
Divide the feeder cattle price per 50,000 Pounds 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 50,000 Pounds of feeder cattle.
What is the inverse of the feeder cattle to steel ratio?
The inverse, steel to feeder cattle, is 9.042 — how many 50,000 Poundss of feeder cattle one Metric Ton of steel buys.