Commodity ratio · live
Iron Ore to Soybean Meal Ratio
The iron ore to soybean meal ratio is 0.3098 — Iron Ore at $101.60 per Metric Ton divided by Soybean Meal at $327.96 per Bushel.
Prices as of Aug 24, 2026, 12:15 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Soybean Meal ratio
1.000 T of iron ore = 0.3098 Bu of soybean meal
Inverse (ZM/IORECR): 3.228 — one Bushel of soybean meal buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Soybean Meal
$327.96
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 12:15:00 GMT.
Iron Ore to Soybean Meal ratio charts
Pick a range once — it applies to the IORECR/ZM ratio line, the OHLC candles and the Iron Ore / Soybean Meal price chart below.
IORECR/ZM ratio line
How many Bu of Soybean Meal one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/ZM over 1Y. Try a longer range.
IORECR/ZM ratio candles
Open, high, low and close of the IORECR/ZM ratio for each period in the last 1Y.
No overlapping history for IORECR/ZM over 1Y. Try a longer range.
Iron Ore and Soybean Meal prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore to soybean meal ratio
Iron Ore to Soybean Meal ratio = Iron Ore price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $327.96 = 0.3098. The inverse is 3.228.
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 iron ore to soybean meal ratio today?
The iron ore to soybean meal ratio is 0.3098 — Iron Ore at $101.60 per Metric Ton divided by Soybean Meal at $327.96 per Bushel, from live mid-market prices.
How do you calculate the iron ore to soybean meal ratio?
Divide the iron ore price per Metric Ton by the soybean meal price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybean meal per Metric Ton of iron ore.
What is the inverse of the iron ore to soybean meal ratio?
The inverse, soybean meal to iron ore, is 3.228 — how many Metric Tons of iron ore one Bushel of soybean meal buys.