Commodity ratio · live

Iron Ore 62% FE to Soybean Meal Ratio

The iron ore 62% fe to soybean meal ratio is 0.2703 Iron Ore 62% FE at $99.33 per Metric Ton divided by Soybean Meal at $367.44 per Bushel.

Prices as of Sep 16, 2026, 6:42 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton
TIOC · USD per Metric Ton
ZM · USD per Bushel

Iron Ore 62% FE to Soybean Meal ratio

0.2703-26.39% / 1Y

1.000 T of iron ore 62% fe = 0.2703 Bu of soybean meal

Inverse (ZM/TIOC): 3.699 — one Bushel of soybean meal buys that much iron ore 62% fe.

Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)

Iron Ore 62% FE

$99.33

per Metric Ton

Soybean Meal

$367.44

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 62% fe. Prices as of Wed, 16 Sep 2026 18:42:46 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

0.3337

median 0.3334

1Y low

0.2550

Sep 16, 2026

1Y high

0.3865

Oct 14, 2025

Normal band

0.3084–0.3589

mean ± 1 std dev

Deviation from mean

-2.51σ

201 observations

Iron Ore 62% FE to Soybean Meal ratio charts

Pick a range once — it applies to the TIOC/ZM ratio line, the OHLC candles and the Iron Ore 62% FE / Soybean Meal price chart below.

TIOC/ZM ratio line

How many Bu of Soybean Meal one T of Iron Ore 62% FE buys, over 1Y.

TIOC/ZM ratio candles

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

Iron Ore 62% FE 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 62% fe to soybean meal ratio

Iron Ore 62% FE to Soybean Meal ratio = Iron Ore 62% FE 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 62% fe — rather than a plain count.

Worked example, live prices: $99.33 ÷ $367.44 = 0.2703. The inverse is 3.699.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4283.59
2XAGSilver63.37
3WTIOIL-FUTCrude Oil WTI Futures101.53
4BRENTOIL-FUTCrude Oil Brent Futures105.05
5NG-FUTNatural Gas Futures2.89
6PLPlatinum1770.16
7PAPalladium1293.80

Frequently asked questions

What is the iron ore 62% fe to soybean meal ratio today?

The iron ore 62% fe to soybean meal ratio is 0.2703 — Iron Ore 62% FE at $99.33 per Metric Ton divided by Soybean Meal at $367.44 per Bushel, from live mid-market prices.

How do you calculate the iron ore 62% fe to soybean meal ratio?

Divide the iron ore 62% fe 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 62% fe.

What is the inverse of the iron ore 62% fe to soybean meal ratio?

The inverse, soybean meal to iron ore 62% fe, is 3.699 — how many Metric Tons of iron ore 62% fe one Bushel of soybean meal buys.

Iron Ore 62% FE to Soybean Meal Ratio — 0.2703 Today | CommodityPriceAPI