Commodity ratio · live
Iron Ore 62% FE to Beef Ratio
The iron ore 62% fe to beef ratio is 0.2436 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Beef at $391.15 per Kilogram.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Beef ratio
1.000 T of iron ore 62% fe = 0.2436 kg of beef
Inverse (BEEF/TIOC): 4.105 — one Kilogram of beef 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
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 iron ore 62% fe. Prices as of Mon, 24 Aug 2026 12:11:11 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 Beef ratio charts
Pick a range once — it applies to the TIOC/BEEF ratio line, the OHLC candles and the Iron Ore 62% FE / Beef price chart below.
TIOC/BEEF ratio line
How many kg of Beef one T of Iron Ore 62% FE buys, over 1Y.
TIOC/BEEF ratio candles
Open, high, low and close of the TIOC/BEEF ratio for each period in the last 1Y.
Iron Ore 62% FE 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 iron ore 62% fe to beef ratio
Iron Ore 62% FE to Beef ratio = Iron Ore 62% FE 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 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 | 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 iron ore 62% fe to beef ratio today?
The iron ore 62% fe to beef ratio is 0.2436 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Beef at $391.15 per Kilogram, from live mid-market prices.
How do you calculate the iron ore 62% fe to beef ratio?
Divide the iron ore 62% fe 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 iron ore 62% fe.
What is the inverse of the iron ore 62% fe to beef ratio?
The inverse, beef to iron ore 62% fe, is 4.105 — how many Metric Tons of iron ore 62% fe one Kilogram of beef buys.