Commodity ratio · live
Cattle to Wheat Futures Ratio
The cattle to wheat futures ratio is 0.003253 — Cattle at $2.26 per Pound divided by Wheat Futures at $693.64 per Ounce.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cattle to Wheat Futures ratio
1.000 lbs of cattle = 0.003253 Oz of wheat futures
Inverse (ZW-FUT/LC1): 307.4 — one Ounce of wheat futures buys that much cattle.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Cattle
¢2.26
per Pound
Wheat Futures
$693.64
per Ounce
Unit basis: US Cent per Pound ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Pound of cattle. Prices as of Mon, 24 Aug 2026 10:34:22 GMT.
1Y average
0.004168
median 0.004206
1Y low
0.003151
Jul 22, 2026
1Y high
0.005006
Sep 10, 2025
Normal band
0.003805–0.004531
mean ± 1 std dev
Deviation from mean
-2.52σ
194 observations
Cattle to Wheat Futures ratio charts
Pick a range once — it applies to the LC1/ZW-FUT ratio line, the OHLC candles and the Cattle / Wheat Futures price chart below.
LC1/ZW-FUT ratio line
How many Oz of Wheat Futures one lbs of Cattle buys, over 1Y.
LC1/ZW-FUT ratio candles
Open, high, low and close of the LC1/ZW-FUT ratio for each period in the last 1Y.
Cattle 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 cattle to wheat futures ratio
Cattle to Wheat Futures ratio = Cattle 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 cattle — rather than a plain count.
Worked example, live prices: $2.26 ÷ $693.64 = 0.003253. The inverse is 307.4.
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 cattle to wheat futures ratio today?
The cattle to wheat futures ratio is 0.003253 — Cattle at $2.26 per Pound divided by Wheat Futures at $693.64 per Ounce, from live mid-market prices.
How do you calculate the cattle to wheat futures ratio?
Divide the cattle 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 cattle.
What is the inverse of the cattle to wheat futures ratio?
The inverse, wheat futures to cattle, is 307.4 — how many Pounds of cattle one Ounce of wheat futures buys.