Commodity ratio · live
Iron Ore 62% FE to Soybean Meal Ratio
The iron ore 62% fe to soybean meal ratio is 0.2902 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Soybean Meal at $328.36 per Bushel.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Soybean Meal ratio
1.000 T of iron ore 62% fe = 0.2902 Bu of soybean meal
Inverse (ZM/TIOC): 3.446 — one Bushel of soybean meal buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Soybean Meal
$328.36
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:28:12 GMT.
1Y average
0.3384
median 0.3362
1Y low
0.2847
Aug 20, 2026
1Y high
0.3865
Oct 14, 2025
Normal band
0.3166–0.3602
mean ± 1 std dev
Deviation from mean
-2.21σ
199 observations
Iron Ore 62% FE to Soybean Meal ratio charts
Pick a range once — it applies to the TIOC/ZM ratio line, the OHLC candles and the Iron Ore 62% FE / Soybean Meal price chart below.
TIOC/ZM ratio line
How many Bu of Soybean Meal one T of Iron Ore 62% FE buys, over 1Y.
TIOC/ZM ratio candles
Open, high, low and close of the TIOC/ZM ratio for each period in the last 1Y.
Iron Ore 62% FE and Soybean Meal 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 soybean meal ratio
Iron Ore 62% FE to Soybean Meal ratio = Iron Ore 62% FE price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $328.36 = 0.2902. The inverse is 3.446.
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 soybean meal ratio today?
The iron ore 62% fe to soybean meal ratio is 0.2902 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Soybean Meal at $328.36 per Bushel, from live mid-market prices.
How do you calculate the iron ore 62% fe to soybean meal ratio?
Divide the iron ore 62% fe price per Metric Ton by the soybean meal price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybean meal per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to soybean meal ratio?
The inverse, soybean meal to iron ore 62% fe, is 3.446 — how many Metric Tons of iron ore 62% fe one Bushel of soybean meal buys.