Commodity ratio · live
Iron Ore 62% FE to Boxed Beef Cutout, Choice Ratio
The iron ore 62% fe to boxed beef cutout, choice ratio is 0.2436 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight.
Prices as of Aug 24, 2026, 11:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Boxed Beef Cutout, Choice ratio
1.000 T of iron ore 62% fe = 0.2436 cwt of boxed beef cutout, choice
Inverse (BEEF-CHOICE/TIOC): 4.105 — one Hundredweight of boxed beef cutout, choice buys that much iron ore 62% fe.
Below its 1 year average. (18th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of boxed beef cutout, choice per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 11:24:43 GMT.
1Y average
0.2512
median 0.2536
1Y low
0.2371
Aug 19, 2026
1Y high
0.3062
Aug 6, 2026
Normal band
0.2452–0.2573
mean ± 1 std dev
Deviation from mean
-1.26σ
11 observations
Iron Ore 62% FE to Boxed Beef Cutout, Choice ratio charts
Pick a range once — it applies to the TIOC/BEEF-CHOICE ratio line, the OHLC candles and the Iron Ore 62% FE / Boxed Beef Cutout, Choice price chart below.
TIOC/BEEF-CHOICE ratio line
How many cwt of Boxed Beef Cutout, Choice one T of Iron Ore 62% FE buys, over 1Y.
TIOC/BEEF-CHOICE ratio candles
Open, high, low and close of the TIOC/BEEF-CHOICE ratio for each period in the last 1Y.
Iron Ore 62% FE and Boxed Beef Cutout, Choice prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore 62% fe to boxed beef cutout, choice ratio
Iron Ore 62% FE to Boxed Beef Cutout, Choice ratio = Iron Ore 62% FE price per Metric Ton ÷ Boxed Beef Cutout, Choice price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of boxed beef cutout, choice per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $391.15 = 0.2436. The inverse is 4.105.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the iron ore 62% fe to boxed beef cutout, choice ratio today?
The iron ore 62% fe to boxed beef cutout, choice ratio is 0.2436 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight, from live mid-market prices.
How do you calculate the iron ore 62% fe to boxed beef cutout, choice ratio?
Divide the iron ore 62% fe price per Metric Ton by the boxed beef cutout, choice price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of boxed beef cutout, choice per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to boxed beef cutout, choice ratio?
The inverse, boxed beef cutout, choice to iron ore 62% fe, is 4.105 — how many Metric Tons of iron ore 62% fe one Hundredweight of boxed beef cutout, choice buys.