Commodity ratio · live
Soybeans Futures to Hot-Rolled Coil Steel Ratio
The soybeans futures to hot-rolled coil steel ratio is 0.01023 — Soybeans Futures at $12.24 per Bushel divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybeans Futures to Hot-Rolled Coil Steel ratio
1.000 Bu of soybeans futures = 0.01023 T of hot-rolled coil steel
Inverse (HRC-STEEL/SOYBEAN-FUT): 97.76 — one Metric Ton of hot-rolled coil steel buys that much soybeans futures.
Below its 1 year average. (21th percentile of the last 1 year)
Soybeans Futures
¢12.24
per Bushel
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Unit basis: US Cent per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Bushel of soybeans futures. Prices as of Mon, 24 Aug 2026 10:38:29 GMT.
1Y average
0.01126
median 0.01115
1Y low
0.009162
Jun 24, 2026
1Y high
0.01367
Nov 9, 2025
Normal band
0.01010–0.01241
mean ± 1 std dev
Deviation from mean
-0.89σ
354 observations
Soybeans Futures to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the SOYBEAN-FUT/HRC-STEEL ratio line, the OHLC candles and the Soybeans Futures / Hot-Rolled Coil Steel price chart below.
SOYBEAN-FUT/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one Bu of Soybeans Futures buys, over 1Y.
SOYBEAN-FUT/HRC-STEEL ratio candles
Open, high, low and close of the SOYBEAN-FUT/HRC-STEEL ratio for each period in the last 1Y.
Soybeans Futures and Hot-Rolled Coil Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soybeans futures to hot-rolled coil steel ratio
Soybeans Futures to Hot-Rolled Coil Steel ratio = Soybeans Futures price per Bushel ÷ Hot-Rolled Coil Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per Bushel of soybeans futures — rather than a plain count.
Worked example, live prices: $12.24 ÷ $1,197.06 = 0.01023. The inverse is 97.76.
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 soybeans futures to hot-rolled coil steel ratio today?
The soybeans futures to hot-rolled coil steel ratio is 0.01023 — Soybeans Futures at $12.24 per Bushel divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton, from live mid-market prices.
How do you calculate the soybeans futures to hot-rolled coil steel ratio?
Divide the soybeans futures price per Bushel by the hot-rolled coil 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 hot-rolled coil steel per Bushel of soybeans futures.
What is the inverse of the soybeans futures to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to soybeans futures, is 97.76 — how many Bushels of soybeans futures one Metric Ton of hot-rolled coil steel buys.