Commodity ratio · live
Hides to Wheat Futures Ratio
The hides to wheat futures ratio is 0.08158 — Hides at $56.69 per Pound divided by Wheat Futures at $694.93 per Ounce.
Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hides to Wheat Futures ratio
1.000 lbs of hides = 0.08158 Oz of wheat futures
Inverse (ZW-FUT/HIDE): 12.26 — one Ounce of wheat futures buys that much hides.
Hides
¢56.69
per Pound
Wheat Futures
$694.93
per Ounce
Unit basis: US Cents per Pound ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Pound of hides. Prices as of Mon, 24 Aug 2026 11:27:14 GMT.
These two commodities are quoted in different currencies (US Cents and USD). The figure above is a raw quote ratio and is not FX-adjusted.
Hides to Wheat Futures ratio charts
Pick a range once — it applies to the HIDE/ZW-FUT ratio line, the OHLC candles and the Hides / Wheat Futures price chart below.
HIDE/ZW-FUT ratio line
How many Oz of Wheat Futures one lbs of Hides buys, over 1Y.
No overlapping history for HIDE/ZW-FUT over 1Y. Try a longer range.
HIDE/ZW-FUT ratio candles
Open, high, low and close of the HIDE/ZW-FUT ratio for each period in the last 1Y.
No overlapping history for HIDE/ZW-FUT over 1Y. Try a longer range.
Hides 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 hides to wheat futures ratio
Hides to Wheat Futures ratio = Hides price per Pound ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Pound of hides — rather than a plain count.
Worked example, live prices: $56.69 ÷ $694.93 = 0.08158. The inverse is 12.26.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the hides to wheat futures ratio today?
The hides to wheat futures ratio is 0.08158 — Hides at $56.69 per Pound divided by Wheat Futures at $694.93 per Ounce, from live mid-market prices.
How do you calculate the hides to wheat futures ratio?
Divide the hides price per Pound 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 Pound of hides.
What is the inverse of the hides to wheat futures ratio?
The inverse, wheat futures to hides, is 12.26 — how many Pounds of hides one Ounce of wheat futures buys.