Commodity ratio · live
Wheat Futures to Iron Ore 62% FE Ratio
The wheat futures to iron ore 62% fe ratio is 243237 — Wheat Futures at $22,122.42 per kilogram divided by Iron Ore 62% FE at $0.09095 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 23, 2026, 1:36 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Iron Ore 62% FE ratio
1.000 kg of wheat futures = 243,237.1 kg of iron ore 62% fe
Inverse (TIOC/ZW-FUT): 0.000004111 — one kilogram of iron ore 62% fe buys that much wheat futures.
Above its 1 year average. (78th percentile of the last 1 year)
Wheat Futures
$22,122.42
per kilogram
Iron Ore 62% FE
$0.09095
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 Fri, 23 Oct 2026 13:36:34 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
207252
median 200945
1Y low
163977
Jan 2, 2026
1Y high
291125
Aug 28, 2026
Normal band
175894–238611
mean ± 1 std dev
Deviation from mean
+1.15σ
206 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: $22,122.42 per kilogram ÷ $0.09095 per kilogram = 243237. The inverse is 0.000004111.
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 | 4001.35 |
| 2 | XAG | Silver | 54.10 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 103.24 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 116.46 |
| 5 | NG-FUT | Natural Gas Futures | 2.63 |
| 6 | XPT | Platinum | 1564.92 |
| 7 | XPD | Palladium | 1055.50 |
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 243237 — Wheat Futures at $22,122.42 per kilogram divided by Iron Ore 62% FE at $0.09095 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 0.000004111 — how many kilograms of wheat futures one kilogram of iron ore 62% fe buys.