Commodity ratio · live

Nickel Futures to Beef Ratio

The nickel futures to beef ratio is 43.48 Nickel Futures at $17,005.63 per Metric Ton divided by Beef at $391.15 per Kilogram.

Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Beef ratio

43.48-4.78% / 1Y

1.000 T of nickel futures = 43.476 kg of beef

Inverse (BEEF/NICKEL-FUT): 0.02300 — one Kilogram of beef buys that much nickel futures.

Below its 1 year average. (23th percentile of the last 1 year)

Nickel Futures

$17,005.63

per Metric Ton

Beef

$391.15

per Kilogram

Unit basis: USD per Metric Ton ÷ USD per Kilogram. The ratio reads as Kilograms of beef per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 11:33:35 GMT.

1Y average

44.75

median 44.75

1Y low

42.68

Aug 18, 2026

1Y high

47.03

Aug 7, 2026

Normal band

43.65–45.85

mean ± 1 std dev

Deviation from mean

-1.16σ

13 observations

Nickel Futures to Beef ratio charts

Pick a range once — it applies to the NICKEL-FUT/BEEF ratio line, the OHLC candles and the Nickel Futures / Beef price chart below.

NICKEL-FUT/BEEF ratio line

How many kg of Beef one T of Nickel Futures buys, over 1Y.

NICKEL-FUT/BEEF ratio candles

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

Nickel Futures and Beef prices

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

How to calculate the nickel futures to beef ratio

Nickel Futures to Beef ratio = Nickel Futures price per Metric Ton ÷ Beef price per Kilogram

The two legs use different units, so the result is a rate — Kilograms of beef per Metric Ton of nickel futures — rather than a plain count.

Worked example, live prices: $17,005.63 ÷ $391.15 = 43.48. The inverse is 0.02300.

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 nickel futures to beef ratio today?

The nickel futures to beef ratio is 43.48 — Nickel Futures at $17,005.63 per Metric Ton divided by Beef at $391.15 per Kilogram, from live mid-market prices.

How do you calculate the nickel futures to beef ratio?

Divide the nickel futures price per Metric Ton by the beef price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of beef per Metric Ton of nickel futures.

What is the inverse of the nickel futures to beef ratio?

The inverse, beef to nickel futures, is 0.02300 — how many Metric Tons of nickel futures one Kilogram of beef buys.

Nickel Futures to Beef Ratio — 43.48 Today | CommodityPriceAPI