Commodity ratio · live
Beef to Wheat Futures Ratio
The beef to wheat futures ratio is 0.5617 — Beef at $391.15 per Kilogram divided by Wheat Futures at $696.41 per Ounce.
Prices as of Aug 24, 2026, 10:50 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Beef to Wheat Futures ratio
1.000 kg of beef = 0.5617 Oz of wheat futures
Inverse (ZW-FUT/BEEF): 1.780 — one Ounce of wheat futures buys that much beef.
Below its 1 year average. (15th percentile of the last 1 year)
Beef
$391.15
per Kilogram
Wheat Futures
$696.41
per Ounce
Unit basis: USD per Kilogram ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Kilogram of beef. Prices as of Mon, 24 Aug 2026 10:50:23 GMT.
1Y average
0.5703
median 0.5695
1Y low
0.5542
Aug 14, 2026
1Y high
0.5917
Aug 18, 2026
Normal band
0.5626–0.5780
mean ± 1 std dev
Deviation from mean
-1.12σ
13 observations
Beef to Wheat Futures ratio charts
Pick a range once — it applies to the BEEF/ZW-FUT ratio line, the OHLC candles and the Beef / Wheat Futures price chart below.
BEEF/ZW-FUT ratio line
How many Oz of Wheat Futures one kg of Beef buys, over 1Y.
BEEF/ZW-FUT ratio candles
Open, high, low and close of the BEEF/ZW-FUT ratio for each period in the last 1Y.
Beef and Wheat Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the beef to wheat futures ratio
Beef to Wheat Futures ratio = Beef price per Kilogram ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Kilogram of beef — rather than a plain count.
Worked example, live prices: $391.15 ÷ $696.41 = 0.5617. The inverse is 1.780.
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 beef to wheat futures ratio today?
The beef to wheat futures ratio is 0.5617 — Beef at $391.15 per Kilogram divided by Wheat Futures at $696.41 per Ounce, from live mid-market prices.
How do you calculate the beef to wheat futures ratio?
Divide the beef price per Kilogram by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Kilogram of beef.
What is the inverse of the beef to wheat futures ratio?
The inverse, wheat futures to beef, is 1.780 — how many Kilograms of beef one Ounce of wheat futures buys.