Commodity ratio · live
Oats Future to Wheat Futures Ratio
The oats future to wheat futures ratio is 0.4716 — Oats Future at $327.27 per Bushel divided by Wheat Futures at $693.90 per Ounce.
Prices as of Aug 24, 2026, 10:37 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Oats Future to Wheat Futures ratio
1.000 Bu of oats future = 0.4716 Oz of wheat futures
Inverse (ZW-FUT/OAT-FUT): 2.120 — one Ounce of wheat futures buys that much oats future.
Near the bottom of its 1 year range — historically compressed. (3th percentile of the last 1 year)
Oats Future
$327.27
per Bushel
Wheat Futures
$693.90
per Ounce
Unit basis: USD per Bushel ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Bushel of oats future. Prices as of Mon, 24 Aug 2026 10:37:14 GMT.
1Y average
0.5505
median 0.5630
1Y low
0.3868
Jun 30, 2026
1Y high
0.6540
Sep 7, 2025
Normal band
0.5100–0.5909
mean ± 1 std dev
Deviation from mean
-1.95σ
328 observations
Oats Future to Wheat Futures ratio charts
Pick a range once — it applies to the OAT-FUT/ZW-FUT ratio line, the OHLC candles and the Oats Future / Wheat Futures price chart below.
OAT-FUT/ZW-FUT ratio line
How many Oz of Wheat Futures one Bu of Oats Future buys, over 1Y.
OAT-FUT/ZW-FUT ratio candles
Open, high, low and close of the OAT-FUT/ZW-FUT ratio for each period in the last 1Y.
Oats Future 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 oats future to wheat futures ratio
Oats Future to Wheat Futures ratio = Oats Future price per Bushel ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Bushel of oats future — rather than a plain count.
Worked example, live prices: $327.27 ÷ $693.90 = 0.4716. The inverse is 2.120.
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 wheat futures ratio today?
The oats future to wheat futures ratio is 0.4716 — Oats Future at $327.27 per Bushel divided by Wheat Futures at $693.90 per Ounce, from live mid-market prices.
How do you calculate the oats future to wheat futures ratio?
Divide the oats future price per Bushel 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 Bushel of oats future.
What is the inverse of the oats future to wheat futures ratio?
The inverse, wheat futures to oats future, is 2.120 — how many Bushels of oats future one Ounce of wheat futures buys.