Commodity ratio · live

Neodymium to Wheat Futures Ratio

The neodymium to wheat futures ratio is 1370 Neodymium at $952,500.00 per Metric Ton divided by Wheat Futures at $695.06 per Ounce.

Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Neodymium to Wheat Futures ratio

1370-9.57% / 1Y

1.000 T of neodymium = 1,370.4 Oz of wheat futures

Inverse (ZW-FUT/NDYM): 0.0007297 — one Ounce of wheat futures buys that much neodymium.

Below its 1 year average. (14th percentile of the last 1 year)

Neodymium

$952,500.00

per Metric Ton

Wheat Futures

$695.06

per Ounce

Unit basis: CNY per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of neodymium. Prices as of Mon, 24 Aug 2026 11:34:46 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

1573

median 1551

1Y low

1220

Nov 5, 2025

1Y high

2046

Feb 25, 2026

Normal band

1396–1751

mean ± 1 std dev

Deviation from mean

-1.15σ

317 observations

Neodymium to Wheat Futures ratio charts

Pick a range once — it applies to the NDYM/ZW-FUT ratio line, the OHLC candles and the Neodymium / Wheat Futures price chart below.

NDYM/ZW-FUT ratio line

How many Oz of Wheat Futures one T of Neodymium buys, over 1Y.

NDYM/ZW-FUT ratio candles

Open, high, low and close of the NDYM/ZW-FUT ratio for each period in the last 1Y.

Neodymium 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 neodymium to wheat futures ratio

Neodymium to Wheat Futures ratio = Neodymium 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 neodymium — rather than a plain count.

Worked example, live prices: $952,500.00 ÷ $695.06 = 1370. The inverse is 0.0007297.

Live prices behind the ratio

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1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the neodymium to wheat futures ratio today?

The neodymium to wheat futures ratio is 1370 — Neodymium at $952,500.00 per Metric Ton divided by Wheat Futures at $695.06 per Ounce, from live mid-market prices.

How do you calculate the neodymium to wheat futures ratio?

Divide the neodymium 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 neodymium.

What is the inverse of the neodymium to wheat futures ratio?

The inverse, wheat futures to neodymium, is 0.0007297 — how many Metric Tons of neodymium one Ounce of wheat futures buys.

Neodymium to Wheat Futures Ratio — 1370 Today | CommodityPriceAPI