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.
Iron Ore 62% FE to Soybean Meal ratio
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.
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 | 4350.12 |
| 2 | XAG | Silver | 66.26 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 95.28 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 99.52 |
| 5 | NG-FUT | Natural Gas Futures | 2.85 |
| 6 | PL | Platinum | 1810.72 |
| 7 | PA | Palladium | 1317.40 |
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.