Commodity ratio · live
Lead Futures to Wheat Futures Ratio
The lead futures to wheat futures ratio is 2.753 — Lead Futures at $1,909.83 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.
Lead Futures to Wheat Futures ratio
1.000 T of lead futures = 2.753 Oz of wheat futures
Inverse (ZW-FUT/LEAD-FUT): 0.3632 — one Ounce of wheat futures buys that much lead futures.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Lead Futures
$1,909.83
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 lead futures. Prices as of Mon, 24 Aug 2026 10:35:07 GMT.
1Y average
3.459
median 3.373
1Y low
2.680
Jul 22, 2026
1Y high
4.125
Oct 10, 2025
Normal band
3.078–3.840
mean ± 1 std dev
Deviation from mean
-1.85σ
326 observations
Lead Futures to Wheat Futures ratio charts
Pick a range once — it applies to the LEAD-FUT/ZW-FUT ratio line, the OHLC candles and the Lead Futures / Wheat Futures price chart below.
LEAD-FUT/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Lead Futures buys, over 1Y.
LEAD-FUT/ZW-FUT ratio candles
Open, high, low and close of the LEAD-FUT/ZW-FUT ratio for each period in the last 1Y.
Lead Futures 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 lead futures to wheat futures ratio
Lead Futures to Wheat Futures ratio = Lead Futures 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 lead futures — rather than a plain count.
Worked example, live prices: $1,909.83 ÷ $693.65 = 2.753. The inverse is 0.3632.
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 lead futures to wheat futures ratio today?
The lead futures to wheat futures ratio is 2.753 — Lead Futures at $1,909.83 per Metric Ton divided by Wheat Futures at $693.65 per Ounce, from live mid-market prices.
How do you calculate the lead futures to wheat futures ratio?
Divide the lead futures 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 lead futures.
What is the inverse of the lead futures to wheat futures ratio?
The inverse, wheat futures to lead futures, is 0.3632 — how many Metric Tons of lead futures one Ounce of wheat futures buys.