Commodity ratio · live
Canola to Wheat Futures Ratio
The canola to wheat futures ratio is 1.135 — Canola at $787.82 per Metric Ton divided by Wheat Futures at $694.15 per Ounce.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Canola to Wheat Futures ratio
1.000 T of canola = 1.135 Oz of wheat futures
Inverse (ZW-FUT/CANOLA): 0.8811 — one Ounce of wheat futures buys that much canola.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Canola
CA$787.82
per Metric Ton
Wheat Futures
$694.15
per Ounce
Unit basis: CAD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 12:25:59 GMT.
These two commodities are quoted in different currencies (CAD and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1.211
median 1.211
1Y low
1.088
May 13, 2026
1Y high
1.370
Jun 2, 2026
Normal band
1.170–1.251
mean ± 1 std dev
Deviation from mean
-1.88σ
328 observations
Canola to Wheat Futures ratio charts
Pick a range once — it applies to the CANOLA/ZW-FUT ratio line, the OHLC candles and the Canola / Wheat Futures price chart below.
CANOLA/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Canola buys, over 1Y.
CANOLA/ZW-FUT ratio candles
Open, high, low and close of the CANOLA/ZW-FUT ratio for each period in the last 1Y.
Canola 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 canola to wheat futures ratio
Canola to Wheat Futures ratio = Canola price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of canola — rather than a plain count.
Worked example, live prices: $787.82 ÷ $694.15 = 1.135. The inverse is 0.8811.
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 canola to wheat futures ratio today?
The canola to wheat futures ratio is 1.135 — Canola at $787.82 per Metric Ton divided by Wheat Futures at $694.15 per Ounce, from live mid-market prices.
How do you calculate the canola to wheat futures ratio?
Divide the canola price per Metric Ton 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 Metric Ton of canola.
What is the inverse of the canola to wheat futures ratio?
The inverse, wheat futures to canola, is 0.8811 — how many Metric Tons of canola one Ounce of wheat futures buys.