Commodity ratio · live
Oats Future to Magnesium Ratio
The oats future to magnesium ratio is 0.01937 — Oats Future at $327.27 per Bushel divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Oats Future to Magnesium ratio
1.000 Bu of oats future = 0.01937 T of magnesium
Inverse (MG/OAT-FUT): 51.64 — one Metric Ton of magnesium buys that much oats future.
Above its 1 year average. (85th percentile of the last 1 year)
Oats Future
$327.27
per Bushel
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Bushel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Bushel of oats future. Prices as of Mon, 24 Aug 2026 10:32:37 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01816
median 0.01793
1Y low
0.01346
Jun 30, 2026
1Y high
0.02207
May 19, 2026
Normal band
0.01692–0.01939
mean ± 1 std dev
Deviation from mean
+0.98σ
323 observations
Oats Future to Magnesium ratio charts
Pick a range once — it applies to the OAT-FUT/MG ratio line, the OHLC candles and the Oats Future / Magnesium price chart below.
OAT-FUT/MG ratio line
How many T of Magnesium one Bu of Oats Future buys, over 1Y.
OAT-FUT/MG ratio candles
Open, high, low and close of the OAT-FUT/MG ratio for each period in the last 1Y.
Oats Future and Magnesium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the oats future to magnesium ratio
Oats Future to Magnesium ratio = Oats Future price per Bushel ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Bushel of oats future — rather than a plain count.
Worked example, live prices: $327.27 ÷ $16,900.00 = 0.01937. The inverse is 51.64.
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 oats future to magnesium ratio today?
The oats future to magnesium ratio is 0.01937 — Oats Future at $327.27 per Bushel divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the oats future to magnesium ratio?
Divide the oats future price per Bushel by the magnesium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of magnesium per Bushel of oats future.
What is the inverse of the oats future to magnesium ratio?
The inverse, magnesium to oats future, is 51.64 — how many Bushels of oats future one Metric Ton of magnesium buys.