Latest UFC rankings update: Kelvin Gastelum boots Vitor Belfort from middleweight top 10

Ultimate Fighting Championship (UFC) updated its official rankings on Wednesday following the action at UFC Fight Night 106, which took place last weekend in Fortaleza, Brazil.

That's where Kelvin Gastelum continued his climb up the 185-pound ladder, thanks to a first-round technical knockout win over Vitor Belfort (see it), who dropped a few spots -- right out of the top 10 -- in defeat. Elsewhere on the card, Ray Borg improved his position at flyweight by turning away veteran Jussier da Silva (recap).

Here's how the rankings work, courtesy of UFC.com:

Rankings were generated by a voting panel made up of media members. The media members were asked to vote for who they feel are the top fighters in the UFC by weight-class and pound-for-pound. A fighter is only eligible to be voted on if they are in active status in the UFC. A fighter can appear in more than one weight division at a time. The champion and interim champion are considered to be in the top positions of their respective divisions and therefore are not eligible for voting by weight-class. However, the champions can be voted on for the pound-for-pound rankings.

Take a look at what the latest rankings field looks like courtesy of UFC.com. Note: (+/- = movement in rankings, *NR = Not previously ranked).

POUND-FOR-POUND
1 Demetrious Johnson
2 Conor McGregor
3 Daniel Cormier
4 Jose Aldo
5 Cody Garbrandt
6 Stipe Miocic
7 Joanna Jedrzejczyk
8 Tyron Woodley
9 Dominick Cruz
10 Michael Bisping
11 Amanda Nunes
12 Max Holloway
13 TJ Dillashaw
14 Khabib Nurmagomedov
15 Yoel Romero

FLYWEIGHT
Champion: Demetrious Johnson
1 Joseph Benavidez
2 Henry Cejudo
3 Wilson Reis +1
4 Ray Borg +4
5 Jussier Formiga -2
6 Sergio Pettis -1
7 Ian McCall -1
8 Dustin Ortiz -1
9 Tim Elliott +1
9 Brandon Moreno
11 John Moraga
12 Louis Smolka
13 Ben Nguyen
14 Alexandre Pantoja
15 Ryan Benoit

BANTAMWEIGHT
Champion: Cody Garbrandt
1 Dominick Cruz
2 TJ Dillashaw
3 Raphael Assuncao
4 John Lineker
5 Jimmie Rivera
6 Bryan Caraway
7 John Dodson
8 Aljamain Sterling
9 Michael McDonald
10 Thomas Almeida
11 Eddie Wineland
12 Johnny Eduardo
13 Pedro Munhoz
14 Iuri Alcantara +1
15 Joe Soto *NR

FEATHERWEIGHT
Champion: Jose Aldo
1 Max Holloway (Interim Champion)
2 Frankie Edgar
3 Ricardo Lamas
4 Cub Swanson
5 Jeremy Stephens
6 Chan Sung Jung +1
7 Anthony Pettis -1
8 Yair Rodriguez +1
9 Charles Oliveira -1
10 Brian Ortega
11 Dennis Bermudez
12 Darren Elkins
13 Dooho Choi
14 Renan Barao
15 Mirsad Bektic

LIGHTWEIGHT
Champion: Conor McGregor
1 Khabib Nurmagomedov
2 Tony Ferguson
3 Eddie Alvarez
4 Rafael Dos Anjos
5 Edson Barboza
6 Michael Johnson
7 Michael Chiesa
8 Nate Diaz
9 Dustin Poirier +1
10 Beneil Dariush -1
11 Kevin Lee *NR
12 Evan Dunham +1
13 Gilbert Melendez -1
14 Al Iaquinta
15 Francisco Trinaldo -4

WELTERWEIGHT
Champion: Tyron Woodley
1 Stephen Thompson
2 Robbie Lawler
3 Demian Maia
4 Carlos Condit
5 Jorge Masvidal +1
6 Neil Magny -1
7 Dong Hyun Kim
8 Donald Cerrone
9 Gunnar Nelson
10 Tarec Saffiedine
11 Kamaru Usman
12 Ryan LaFlare
13 Jake Ellenberger
14 Santiago Ponzinibbio +1
15 Matt Brown -1

MIDDLEWEIGHT
Champion: Michael Bisping
1 Yoel Romero
2 Luke Rockhold
3 Jacare Souza
4 Chris Weidman
5 Gegard Mousasi
6 Robert Whittaker
7 Anderson Silva
8 Kelvin Gastelum +2
9 Derek Brunson -1
10 Krzysztof Jotko +1
11 Vitor Belfort -2
12 Thales Leites
13 Uriah Hall
14 Sam Alvey
15 Tim Boetsch

LIGHT HEAVYWEIGHT
Champion: Daniel Cormier
1 Anthony Johnson
2 Alexander Gustafsson
3 Glover Teixeira
4 Jimi Manuwa
5 Mauricio Rua +1
6 Corey Anderson +1
7 Volkan Oezdemir +1
8 Ovince Saint Preux +1
9 Ilir Latifi +1
10 Rogerio Nogueira +1
11 Misha Cirkunov +4
12 Patrick Cummins +1
13 Jan Blachowicz +1
14 Gian Villante -2
15 Tyson Pedro *NR

HEAVYWEIGHT
Champion: Stipe Miocic
1 Fabricio Werdum
2 Cain Velasquez
3 Alistair Overeem
4 Junior Dos Santos
5 Francis Ngannou +1
6 Derrick Lewis +1
7 Mark Hunt +1
8 Andrei Arlovski +1
9 Travis Browne +1
10 Stefan Struve +1
11 Alexander Volkov +1
12 Tim Johnson +3
13 Aleksei Oleinik +1
14 Marcin Tybura *NR
15 Daniel Omielanczuk -2

WOMEN'S STRAWWEIGHT
Champion: Joanna Jedrzejczyk
1 Claudia Gadelha
2 Karolina Kowalkiewicz
3 Jessica Andrade
4 Rose Namajunas
5 Tecia Torres
6 Michelle Waterson
7 Joanne Calderwood
8 Randa Markos +1
9 Carla Esparza -1
10 Maryna Moroz
11 Paige VanZant
12 Felice Herrig
13 Jessica Aguilar
14 Jessica Penne
15 Justine Kish

WOMEN'S BANTAMWEIGHT
Champion: Amanda Nunes
1 Valentina Shevchenko
2 Julianna Pena
3 Ronda Rousey
4 Raquel Pennington +1
5 Holly Holm -1
6 Sara McMann
7 Cat Zingano
8 Liz Carmouche
9 Germaine de Randamie +1
10 Bethe Correia -1
11 Alexis Davis
12 Ashlee Evans-Smith
13 Marion Reneau
14 Jessica Eye -1
15 Leslie Smith

You can expect these standings to change in less than a week -- especially in the light heavyweight division -- when UFC Fight Night 107: "Manuwa vs. Anderson" takes place on UFC Fight Pass this Saturday (March 18, 2017) in London, England (full details here).

Until then, let us know what you think of the latest rankings movement in the comments section below.