Commodity ratio · live

Wheat Futures to Iron Ore 62% FE Ratio

The wheat futures to iron ore 62% fe ratio is 260891 — Wheat Futures at $23,696.69 per kilogram divided by Iron Ore 62% FE at $0.09083 per kilogram.

Wheat futures is quoted per ounce and iron ore 62% fe per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Prices as of Oct 13, 2026, 1:34 PM 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

260891+59.02% / 1Y

1.000 kg of wheat futures = 260,890.6 kg of iron ore 62% fe

Inverse (TIOC/ZW-FUT): 0.000003833 — one kilogram of iron ore 62% fe buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (93th percentile of the last 1 year)

Wheat Futures

$23,696.69

per kilogram

Iron Ore 62% FE

$0.09083

per kilogram

Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Tue, 13 Oct 2026 13:34:01 GMT.

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

Wheat futures is quoted per ounce and iron ore 62% fe per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

1Y average

204929

median 199837

1Y low

163900

Oct 13, 2025

1Y high

291125

Aug 28, 2026

Normal band

173899–235960

mean ± 1 std dev

Deviation from mean

+1.80σ

207 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 kg of Iron Ore 62% FE one kg 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 in USD per kilogram ÷ Iron Ore 62% FE price in USD per kilogram

Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.

Wheat futures is quoted per ounce and iron ore 62% fe per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Worked example, live prices: $23,696.69 per kilogram ÷ $0.09083 per kilogram = 260891. The inverse is 0.000003833.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4184.34
2XAGSilver60.18
3WTIOIL-FUTCrude Oil WTI Futures92.30
4BRENTOIL-FUTCrude Oil Brent Futures104.75
5NG-FUTNatural Gas Futures3.16
6XPTPlatinum1691.61
7XPDPalladium1141.90

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 260891 — Wheat Futures at $23,696.69 per kilogram divided by Iron Ore 62% FE at $0.09083 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.

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

Divide the wheat futures price per kilogram by the iron ore 62% fe price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.

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

The inverse, iron ore 62% fe to wheat futures, is 0.000003833 — how many kilograms of wheat futures one kilogram of iron ore 62% fe buys.

Wheat Futures to Iron Ore 62% FE Ratio — 260891 Today | CommodityPriceAPI