Commodity ratio · live
Steel to Feeder Cattle Ratio
The steel to feeder cattle ratio is 9.042 — Steel at $3,066.00 per Metric Ton divided by Feeder Cattle at $339.10 per 50,000 Pounds.
Prices as of Aug 24, 2026, 12:17 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Feeder Cattle ratio
1.000 T of steel = 9.042 50,000 lbs of feeder cattle
Inverse (FC1/STEEL): 0.1106 — one 50,000 Pounds of feeder cattle buys that much steel.
Above its 1 year average. (87th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Feeder Cattle
$339.10
per 50,000 Pounds
Unit basis: CNY per Metric Ton ÷ USD per 50,000 Pounds. The ratio reads as 50,000 Poundss of feeder cattle per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 12:17:05 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
8.709
median 8.657
1Y low
7.844
Aug 4, 2026
1Y high
10.58
Jan 7, 2026
Normal band
8.374–9.044
mean ± 1 std dev
Deviation from mean
+0.99σ
202 observations
Steel to Feeder Cattle ratio charts
Pick a range once — it applies to the STEEL/FC1 ratio line, the OHLC candles and the Steel / Feeder Cattle price chart below.
STEEL/FC1 ratio line
How many 50,000 lbs of Feeder Cattle one T of Steel buys, over 1Y.
STEEL/FC1 ratio candles
Open, high, low and close of the STEEL/FC1 ratio for each period in the last 1Y.
Steel and Feeder Cattle 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 feeder cattle ratio
Steel to Feeder Cattle ratio = Steel price per Metric Ton ÷ Feeder Cattle price per 50,000 Pounds
The two legs use different units, so the result is a rate — 50,000 Poundss of feeder cattle per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $339.10 = 9.042. The inverse is 0.1106.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the steel to feeder cattle ratio today?
The steel to feeder cattle ratio is 9.042 — Steel at $3,066.00 per Metric Ton divided by Feeder Cattle at $339.10 per 50,000 Pounds, from live mid-market prices.
How do you calculate the steel to feeder cattle ratio?
Divide the steel price per Metric Ton by the feeder cattle price per 50,000 Pounds. If the two units differ, the result is a rate rather than a plain count — read it as 50,000 Poundss of feeder cattle per Metric Ton of steel.
What is the inverse of the steel to feeder cattle ratio?
The inverse, feeder cattle to steel, is 0.1106 — how many Metric Tons of steel one 50,000 Pounds of feeder cattle buys.