Commodity ratio · live
Magnesium to Oats Future Ratio
The magnesium to oats future ratio is 51.64 — Magnesium at $16,900.00 per Metric Ton divided by Oats Future at $327.27 per Bushel.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Oats Future ratio
1.000 T of magnesium = 51.639 Bu of oats future
Inverse (OAT-FUT/MG): 0.01937 — one Bushel of oats future buys that much magnesium.
Below its 1 year average. (15th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Oats Future
$327.27
per Bushel
Unit basis: CNY per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of oats future per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:32:37 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
55.32
median 55.76
1Y low
45.31
May 19, 2026
1Y high
74.28
Jun 30, 2026
Normal band
51.73–58.91
mean ± 1 std dev
Deviation from mean
-1.03σ
323 observations
Magnesium to Oats Future ratio charts
Pick a range once — it applies to the MG/OAT-FUT ratio line, the OHLC candles and the Magnesium / Oats Future price chart below.
MG/OAT-FUT ratio line
How many Bu of Oats Future one T of Magnesium buys, over 1Y.
MG/OAT-FUT ratio candles
Open, high, low and close of the MG/OAT-FUT ratio for each period in the last 1Y.
Magnesium and Oats Future prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the magnesium to oats future ratio
Magnesium to Oats Future ratio = Magnesium price per Metric Ton ÷ Oats Future price per Bushel
The two legs use different units, so the result is a rate — Bushels of oats future per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $327.27 = 51.64. The inverse is 0.01937.
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 magnesium to oats future ratio today?
The magnesium to oats future ratio is 51.64 — Magnesium at $16,900.00 per Metric Ton divided by Oats Future at $327.27 per Bushel, from live mid-market prices.
How do you calculate the magnesium to oats future ratio?
Divide the magnesium price per Metric Ton by the oats future price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of oats future per Metric Ton of magnesium.
What is the inverse of the magnesium to oats future ratio?
The inverse, oats future to magnesium, is 0.01937 — how many Metric Tons of magnesium one Bushel of oats future buys.