Commodity ratio · live

Iron Ore 62% FE to Soybean Meal Ratio

The iron ore 62% fe to soybean meal ratio is 0.2701 Iron Ore 62% FE at $99.33 per metric ton divided by Soybean Meal at $367.80 per bushel.

Prices as of Sep 21, 2026, 4:59 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

0.2701-28.70% / 1Y

1.000 T of iron ore 62% fe = 0.2701 Bu of soybean meal

Inverse (ZM/TIOC): 3.703 — one bushel of soybean meal buys that much iron ore 62% fe.

Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)

Iron Ore 62% FE

$99.33

per metric ton

Soybean Meal

$367.80

per bushel

Unit basis: USD per metric ton ÷ USD per bushel. The two legs are priced per different things — dollars per metric ton against dollars per bushel — so the result is a rate: bushels of soybean meal per metric ton of iron ore 62% fe, not a plain count. Prices as of Mon, 21 Sep 2026 16:59:11 GMT.

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

1Y average

0.3325

median 0.3331

1Y low

0.2492

Sep 17, 2026

1Y high

0.3865

Oct 14, 2025

Normal band

0.3067–0.3583

mean ± 1 std dev

Deviation from mean

-2.42σ

200 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 in USD per metric ton ÷ Soybean Meal price in USD per bushel

The two legs are priced per different things — dollars per metric ton against dollars per bushel — so the result is a rate: bushels of soybean meal per metric ton of iron ore 62% fe, not a plain count.

Worked example, live prices: $99.33 per metric ton ÷ $367.80 per bushel = 0.2701. The inverse is 3.703.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4350.12
2XAGSilver66.26
3WTIOIL-FUTCrude Oil WTI Futures95.28
4BRENTOIL-FUTCrude Oil Brent Futures99.52
5NG-FUTNatural Gas Futures2.85
6PLPlatinum1810.72
7PAPalladium1317.40

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 0.2701 — Iron Ore 62% FE at $99.33 per metric ton divided by Soybean Meal at $367.80 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. The two legs are priced per different things — dollars per metric ton against dollars per bushel — so the result is a rate: bushels of soybean meal per metric ton of iron ore 62% fe, not a plain count.

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

The inverse, soybean meal to iron ore 62% fe, is 3.703 — how many metric tons of iron ore 62% fe one bushel of soybean meal buys.

Iron Ore 62% FE to Soybean Meal Ratio — 0.2701 Today | CommodityPriceAPI