Commodity ratio · live
Diammonium Phosphate to Wheat Futures Ratio
The diammonium phosphate to wheat futures ratio is 1.143 — Diammonium Phosphate at $792.50 per Metric Ton divided by Wheat Futures at $693.65 per Ounce.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Diammonium Phosphate to Wheat Futures ratio
1.000 T of diammonium phosphate = 1.143 Oz of wheat futures
Inverse (ZW-FUT/DIAPH): 0.8753 — one Ounce of wheat futures buys that much diammonium phosphate.
Below its 1 year average. (15th percentile of the last 1 year)
Diammonium Phosphate
$792.50
per Metric Ton
Wheat Futures
$693.65
per Ounce
Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of diammonium phosphate. Prices as of Mon, 24 Aug 2026 10:35:20 GMT.
1Y average
1.248
median 1.219
1Y low
1.043
Mar 7, 2026
1Y high
1.591
Aug 24, 2025
Normal band
1.129–1.367
mean ± 1 std dev
Deviation from mean
-0.88σ
326 observations
Diammonium Phosphate to Wheat Futures ratio charts
Pick a range once — it applies to the DIAPH/ZW-FUT ratio line, the OHLC candles and the Diammonium Phosphate / Wheat Futures price chart below.
DIAPH/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Diammonium Phosphate buys, over 1Y.
DIAPH/ZW-FUT ratio candles
Open, high, low and close of the DIAPH/ZW-FUT ratio for each period in the last 1Y.
Diammonium Phosphate 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 diammonium phosphate to wheat futures ratio
Diammonium Phosphate to Wheat Futures ratio = Diammonium Phosphate 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 diammonium phosphate — rather than a plain count.
Worked example, live prices: $792.50 ÷ $693.65 = 1.143. The inverse is 0.8753.
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 diammonium phosphate to wheat futures ratio today?
The diammonium phosphate to wheat futures ratio is 1.143 — Diammonium Phosphate at $792.50 per Metric Ton divided by Wheat Futures at $693.65 per Ounce, from live mid-market prices.
How do you calculate the diammonium phosphate to wheat futures ratio?
Divide the diammonium phosphate 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 diammonium phosphate.
What is the inverse of the diammonium phosphate to wheat futures ratio?
The inverse, wheat futures to diammonium phosphate, is 0.8753 — how many Metric Tons of diammonium phosphate one Ounce of wheat futures buys.