Commodity ratio · live
Steel to Corn Ratio
The steel to corn ratio is 589.5 — Steel at $3,066.00 per Metric Ton divided by Corn at $5.20 per Bushel.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Corn ratio
1.000 T of steel = 589.491 Bu of corn
Inverse (CORN/STEEL): 0.001696 — one Bushel of corn buys that much steel.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Corn
¢5.20
per Bushel
Unit basis: CNY per Metric Ton ÷ US Cent per Bushel. The ratio reads as Bushels of corn per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:25:47 GMT.
These two commodities are quoted in different currencies (CNY and US Cent). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
695.3
median 694.5
1Y low
599.3
Aug 21, 2026
1Y high
776.2
Aug 28, 2025
Normal band
668.0–722.7
mean ± 1 std dev
Deviation from mean
-3.87σ
252 observations
Steel to Corn ratio charts
Pick a range once — it applies to the STEEL/CORN ratio line, the OHLC candles and the Steel / Corn price chart below.
STEEL/CORN ratio line
How many Bu of Corn one T of Steel buys, over 1Y.
STEEL/CORN ratio candles
Open, high, low and close of the STEEL/CORN ratio for each period in the last 1Y.
Steel and Corn prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the steel to corn ratio
Steel to Corn ratio = Steel price per Metric Ton ÷ Corn price per Bushel
The two legs use different units, so the result is a rate — Bushels of corn per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $5.20 = 589.5. The inverse is 0.001696.
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 steel to corn ratio today?
The steel to corn ratio is 589.5 — Steel at $3,066.00 per Metric Ton divided by Corn at $5.20 per Bushel, from live mid-market prices.
How do you calculate the steel to corn ratio?
Divide the steel price per Metric Ton by the corn price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of corn per Metric Ton of steel.
What is the inverse of the steel to corn ratio?
The inverse, corn to steel, is 0.001696 — how many Metric Tons of steel one Bushel of corn buys.