Commodity ratio · live
Soybean Meal to Iron Ore Ratio
The soybean meal to iron ore ratio is 3.228 — Soybean Meal at $327.96 per Bushel divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Iron Ore ratio
1.000 Bu of soybean meal = 3.228 T of iron ore
Inverse (IORECR/ZM): 0.3098 — one Metric Ton of iron ore buys that much soybean meal.
Soybean Meal
$327.96
per Bushel
Iron Ore
$101.60
per Metric Ton
Unit basis: USD per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 12:14:59 GMT.
Soybean Meal to Iron Ore ratio charts
Pick a range once — it applies to the ZM/IORECR ratio line, the OHLC candles and the Soybean Meal / Iron Ore price chart below.
ZM/IORECR ratio line
How many T of Iron Ore one Bu of Soybean Meal buys, over 1Y.
No overlapping history for ZM/IORECR over 1Y. Try a longer range.
ZM/IORECR ratio candles
Open, high, low and close of the ZM/IORECR ratio for each period in the last 1Y.
No overlapping history for ZM/IORECR over 1Y. Try a longer range.
Soybean Meal and Iron Ore prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soybean meal to iron ore ratio
Soybean Meal to Iron Ore ratio = Soybean Meal price per Bushel ÷ Iron Ore price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $327.96 ÷ $101.60 = 3.228. The inverse is 0.3098.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the soybean meal to iron ore ratio today?
The soybean meal to iron ore ratio is 3.228 — Soybean Meal at $327.96 per Bushel divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the soybean meal to iron ore ratio?
Divide the soybean meal price per Bushel by the iron ore 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 per Bushel of soybean meal.
What is the inverse of the soybean meal to iron ore ratio?
The inverse, iron ore to soybean meal, is 0.3098 — how many Bushels of soybean meal one Metric Ton of iron ore buys.