Commodity ratio · live
Iron Ore 62% FE to Wheat Futures Ratio
The iron ore 62% fe to wheat futures ratio is 0.1386 — Iron Ore 62% FE at $98.02 per Metric Ton divided by Wheat Futures at $707.00 per Ounce.
Prices as of Sep 13, 2026, 5:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Wheat Futures ratio
1.000 T of iron ore 62% fe = 0.1386 Oz of wheat futures
Inverse (ZW-FUT/TIOC): 7.213 — one Ounce of wheat futures buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (3th percentile of the last 1 year)
Iron Ore 62% FE
$98.02
per Metric Ton
Wheat Futures
$707.00
per Ounce
Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of iron ore 62% fe. Prices as of Sun, 13 Sep 2026 05:36:14 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
0.1817
median 0.1808
1Y low
0.1212
Aug 28, 2026
1Y high
0.2152
Oct 13, 2025
Normal band
0.1594–0.2040
mean ± 1 std dev
Deviation from mean
-1.93σ
204 observations
Iron Ore 62% FE to Wheat Futures ratio charts
Pick a range once — it applies to the TIOC/ZW-FUT ratio line, the OHLC candles and the Iron Ore 62% FE / Wheat Futures price chart below.
TIOC/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Iron Ore 62% FE buys, over 1Y.
TIOC/ZW-FUT ratio candles
Open, high, low and close of the TIOC/ZW-FUT ratio for each period in the last 1Y.
Iron Ore 62% FE and Wheat Futures 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 wheat futures ratio
Iron Ore 62% FE to Wheat Futures ratio = Iron Ore 62% FE price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $98.02 ÷ $707.00 = 0.1386. The inverse is 7.213.
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 | 4349.29 |
| 2 | XAG | Silver | 64.53 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 100.05 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 104.61 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1805.98 |
| 7 | PA | Palladium | 1309.60 |
Frequently asked questions
What is the iron ore 62% fe to wheat futures ratio today?
The iron ore 62% fe to wheat futures ratio is 0.1386 — Iron Ore 62% FE at $98.02 per Metric Ton divided by Wheat Futures at $707.00 per Ounce, from live mid-market prices.
How do you calculate the iron ore 62% fe to wheat futures ratio?
Divide the iron ore 62% fe price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to wheat futures ratio?
The inverse, wheat futures to iron ore 62% fe, is 7.213 — how many Metric Tons of iron ore 62% fe one Ounce of wheat futures buys.