Commodity ratio · live
Iron Ore 62% FE to Milk Ratio
The iron ore 62% fe to milk ratio is 5.729 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Milk ratio
1.000 T of iron ore 62% fe = 5.729 Cwt of milk
Inverse (MILK/TIOC): 0.1745 — one Hundredweight of milk buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (3th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Milk
$16.63
per Hundredweight
Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:27:39 GMT.
1Y average
6.370
median 6.300
1Y low
5.506
Sep 4, 2025
1Y high
7.420
Jan 27, 2026
Normal band
5.987–6.753
mean ± 1 std dev
Deviation from mean
-1.67σ
203 observations
Iron Ore 62% FE to Milk ratio charts
Pick a range once — it applies to the TIOC/MILK ratio line, the OHLC candles and the Iron Ore 62% FE / Milk price chart below.
TIOC/MILK ratio line
How many Cwt of Milk one T of Iron Ore 62% FE buys, over 1Y.
TIOC/MILK ratio candles
Open, high, low and close of the TIOC/MILK ratio for each period in the last 1Y.
Iron Ore 62% FE and Milk 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 milk ratio
Iron Ore 62% FE to Milk ratio = Iron Ore 62% FE price per Metric Ton ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $16.63 = 5.729. The inverse is 0.1745.
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 iron ore 62% fe to milk ratio today?
The iron ore 62% fe to milk ratio is 5.729 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the iron ore 62% fe to milk ratio?
Divide the iron ore 62% fe price per Metric Ton by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to milk ratio?
The inverse, milk to iron ore 62% fe, is 0.1745 — how many Metric Tons of iron ore 62% fe one Hundredweight of milk buys.