Commodity ratio · live
Soybean Meal to Iron Ore 62% FE Ratio
The soybean meal to iron ore 62% fe ratio is 3.446 — Soybean Meal at $328.36 per Bushel divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Iron Ore 62% FE ratio
1.000 Bu of soybean meal = 3.446 T of iron ore 62% fe
Inverse (TIOC/ZM): 0.2902 — one Metric Ton of iron ore 62% fe buys that much soybean meal.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Soybean Meal
$328.36
per Bushel
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: USD per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:28:14 GMT.
1Y average
2.967
median 2.975
1Y low
2.588
Oct 14, 2025
1Y high
3.512
Aug 20, 2026
Normal band
2.775–3.160
mean ± 1 std dev
Deviation from mean
+2.49σ
199 observations
Soybean Meal to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the ZM/TIOC ratio line, the OHLC candles and the Soybean Meal / Iron Ore 62% FE price chart below.
ZM/TIOC ratio line
How many T of Iron Ore 62% FE one Bu of Soybean Meal buys, over 1Y.
ZM/TIOC ratio candles
Open, high, low and close of the ZM/TIOC ratio for each period in the last 1Y.
Soybean Meal 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 soybean meal to iron ore 62% fe ratio
Soybean Meal to Iron Ore 62% FE ratio = Soybean Meal price per Bushel ÷ 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 Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.36 ÷ $95.28 = 3.446. The inverse is 0.2902.
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 soybean meal to iron ore 62% fe ratio today?
The soybean meal to iron ore 62% fe ratio is 3.446 — Soybean Meal at $328.36 per Bushel divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the soybean meal to iron ore 62% fe ratio?
Divide the soybean meal price per Bushel 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 Bushel of soybean meal.
What is the inverse of the soybean meal to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to soybean meal, is 0.2902 — how many Bushels of soybean meal one Metric Ton of iron ore 62% fe buys.