Commodity ratio · live

Salmon to Wheat Futures Ratio

The salmon to wheat futures ratio is 0.09965 Salmon at $69.12 per Kilogram divided by Wheat Futures at $693.64 per Ounce.

Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Salmon to Wheat Futures ratio

0.09965-26.46% / 1Y

1.000 Kg of salmon = 0.09965 Oz of wheat futures

Inverse (ZW-FUT/SALMON): 10.04 — one Ounce of wheat futures buys that much salmon.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Salmon

kr69.12

per Kilogram

Wheat Futures

$693.64

per Ounce

Unit basis: NOK per Kilogram ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Kilogram of salmon. Prices as of Mon, 24 Aug 2026 10:34:12 GMT.

These two commodities are quoted in different currencies (NOK and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.1273

median 0.1256

1Y low

0.09933

Aug 23, 2026

1Y high

0.1634

Dec 16, 2025

Normal band

0.1127–0.1419

mean ± 1 std dev

Deviation from mean

-1.89σ

325 observations

Salmon to Wheat Futures ratio charts

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

SALMON/ZW-FUT ratio line

How many Oz of Wheat Futures one Kg of Salmon buys, over 1Y.

SALMON/ZW-FUT ratio candles

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

Salmon 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 salmon to wheat futures ratio

Salmon to Wheat Futures ratio = Salmon price per Kilogram ÷ Wheat Futures price per Ounce

The two legs use different units, so the result is a rate — Ounces of wheat futures per Kilogram of salmon — rather than a plain count.

Worked example, live prices: $69.12 ÷ $693.64 = 0.09965. The inverse is 10.04.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the salmon to wheat futures ratio today?

The salmon to wheat futures ratio is 0.09965 — Salmon at $69.12 per Kilogram divided by Wheat Futures at $693.64 per Ounce, from live mid-market prices.

How do you calculate the salmon to wheat futures ratio?

Divide the salmon price per Kilogram 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 Kilogram of salmon.

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

The inverse, wheat futures to salmon, is 10.04 — how many Kilograms of salmon one Ounce of wheat futures buys.

Salmon to Wheat Futures Ratio — 0.09965 Today | CommodityPriceAPI