Commodity ratio · live
Cattle to Steel Ratio
The cattle to steel ratio is 0.0007359 — Cattle at $2.26 per Pound divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cattle to Steel ratio
1.000 lbs of cattle = 0.0007359 T of steel
Inverse (STEEL/LC1): 1359 — one Metric Ton of steel buys that much cattle.
Below its 1 year average. (14th percentile of the last 1 year)
Cattle
¢2.26
per Pound
Steel
¥3,066.00
per Metric Ton
Unit basis: US Cent per Pound ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Pound of cattle. Prices as of Mon, 24 Aug 2026 10:32:54 GMT.
These two commodities are quoted in different currencies (US Cent and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.0007644
median 0.0007616
1Y low
0.0006455
Jan 7, 2026
1Y high
0.0008717
Aug 4, 2026
Normal band
0.0007345–0.0007943
mean ± 1 std dev
Deviation from mean
-0.95σ
200 observations
Cattle to Steel ratio charts
Pick a range once — it applies to the LC1/STEEL ratio line, the OHLC candles and the Cattle / Steel price chart below.
LC1/STEEL ratio line
How many T of Steel one lbs of Cattle buys, over 1Y.
LC1/STEEL ratio candles
Open, high, low and close of the LC1/STEEL ratio for each period in the last 1Y.
Cattle and Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cattle to steel ratio
Cattle to Steel ratio = Cattle price per Pound ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Pound of cattle — rather than a plain count.
Worked example, live prices: $2.26 ÷ $3,066.00 = 0.0007359. The inverse is 1359.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the cattle to steel ratio today?
The cattle to steel ratio is 0.0007359 — Cattle at $2.26 per Pound divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the cattle to steel ratio?
Divide the cattle price per Pound by the steel 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 steel per Pound of cattle.
What is the inverse of the cattle to steel ratio?
The inverse, steel to cattle, is 1359 — how many Pounds of cattle one Metric Ton of steel buys.