Commodity ratio · live

Lumber Futures to Iron Ore Ratio

The lumber futures to iron ore ratio is 5.645 Lumber Futures at $573.54 per Thousand Board Feet divided by Iron Ore at $101.60 per Metric Ton.

Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Thousand Board Feet

Lumber Futures to Iron Ore ratio

5.645

1.000 Mbf of lumber futures = 5.645 T of iron ore

Inverse (IORECR/LB-FUT): 0.1771 — one Metric Ton of iron ore buys that much lumber futures.

Lumber Futures

$573.54

per Thousand Board Feet

Iron Ore

$101.60

per Metric Ton

Unit basis: USD per Thousand Board Feet ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:30:46 GMT.

Lumber Futures to Iron Ore ratio charts

Pick a range once — it applies to the LB-FUT/IORECR ratio line, the OHLC candles and the Lumber Futures / Iron Ore price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

LB-FUT/IORECR ratio line

How many T of Iron Ore one Mbf of Lumber Futures buys, over 1Y.

No overlapping history for LB-FUT/IORECR over 1Y. Try a longer range.

LB-FUT/IORECR ratio candles

Open, high, low and close of the LB-FUT/IORECR ratio for each period in the last 1Y.

No overlapping history for LB-FUT/IORECR over 1Y. Try a longer range.

Lumber Futures and Iron Ore prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the lumber futures to iron ore ratio

Lumber Futures to Iron Ore ratio = Lumber Futures price per Thousand Board Feet ÷ Iron Ore price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore per Thousand Board Feet of lumber futures — rather than a plain count.

Worked example, live prices: $573.54 ÷ $101.60 = 5.645. The inverse is 0.1771.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the lumber futures to iron ore ratio today?

The lumber futures to iron ore ratio is 5.645 — Lumber Futures at $573.54 per Thousand Board Feet divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the lumber futures to iron ore ratio?

Divide the lumber futures price per Thousand Board Feet by the iron ore price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of iron ore per Thousand Board Feet of lumber futures.

What is the inverse of the lumber futures to iron ore ratio?

The inverse, iron ore to lumber futures, is 0.1771 — how many Thousand Board Feets of lumber futures one Metric Ton of iron ore buys.

Lumber Futures to Iron Ore Ratio — 5.645 Today | CommodityPriceAPI