Commodity ratio · live

Wheat Futures to Iron Ore 62% FE Ratio

The wheat futures to iron ore 62% fe ratio is 7.320 Wheat Futures at $714.25 per Ounce divided by Iron Ore 62% FE at $97.57 per Metric Ton.

Prices as of Sep 19, 2026, 6:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
TIOC · USD per Metric Ton

Wheat Futures to Iron Ore 62% FE ratio

7.320+47.78% / 1Y

1.000 Oz of wheat futures = 7.320 T of iron ore 62% fe

Inverse (TIOC/ZW-FUT): 0.1366 — one Metric Ton of iron ore 62% fe buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)

Wheat Futures

$714.25

per Ounce

Iron Ore 62% FE

$97.57

per Metric Ton

Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Ounce of wheat futures. Prices as of Sat, 19 Sep 2026 06:38:04 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

5.645

median 5.556

1Y low

4.646

Oct 13, 2025

1Y high

8.253

Aug 28, 2026

Normal band

4.850–6.440

mean ± 1 std dev

Deviation from mean

+2.11σ

204 observations

Wheat Futures to Iron Ore 62% FE ratio charts

Pick a range once — it applies to the ZW-FUT/TIOC ratio line, the OHLC candles and the Wheat Futures / Iron Ore 62% FE price chart below.

ZW-FUT/TIOC ratio line

How many T of Iron Ore 62% FE one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/TIOC ratio candles

Open, high, low and close of the ZW-FUT/TIOC ratio for each period in the last 1Y.

Wheat Futures and Iron Ore 62% FE prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the wheat futures to iron ore 62% fe ratio

Wheat Futures to Iron Ore 62% FE ratio = Wheat Futures price per Ounce ÷ Iron Ore 62% FE price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore 62% fe per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $714.25 ÷ $97.57 = 7.320. The inverse is 0.1366.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4367.31
2XAGSilver66.48
3WTIOIL-FUTCrude Oil WTI Futures98.28
4BRENTOIL-FUTCrude Oil Brent Futures101.88
5NG-FUTNatural Gas Futures2.87
6PLPlatinum1809.99
7PAPalladium1317.90

Frequently asked questions

What is the wheat futures to iron ore 62% fe ratio today?

The wheat futures to iron ore 62% fe ratio is 7.320 — Wheat Futures at $714.25 per Ounce divided by Iron Ore 62% FE at $97.57 per Metric Ton, from live mid-market prices.

How do you calculate the wheat futures to iron ore 62% fe ratio?

Divide the wheat futures price per Ounce by the iron ore 62% fe price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of iron ore 62% fe per Ounce of wheat futures.

What is the inverse of the wheat futures to iron ore 62% fe ratio?

The inverse, iron ore 62% fe to wheat futures, is 0.1366 — how many Ounces of wheat futures one Metric Ton of iron ore 62% fe buys.

Wheat Futures to Iron Ore 62% FE Ratio — 7.320 Today | CommodityPriceAPI