Commodity ratio · live
Wheat Futures to Beef Ratio
The wheat futures to beef ratio is 1.872 — Wheat Futures at $727.24 per Ounce divided by Beef at $388.53 per Kilogram.
Prices as of Sep 4, 2026, 9:51 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Beef ratio
1.000 Oz of wheat futures = 1.872 kg of beef
Inverse (BEEF/ZW-FUT): 0.5343 — one Kilogram of beef buys that much wheat futures.
Close to the middle of its 1 year range. (68th percentile of the last 1 year)
Wheat Futures
$727.24
per Ounce
Beef
$388.53
per Kilogram
Unit basis: USD per Ounce ÷ USD per Kilogram. The ratio reads as Kilograms of beef per Ounce of wheat futures. Prices as of Fri, 04 Sep 2026 09:51:40 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
1.826
median 1.772
1Y low
1.690
Aug 18, 2026
1Y high
2.055
Aug 28, 2026
Normal band
1.722–1.930
mean ± 1 std dev
Deviation from mean
+0.44σ
22 observations
Wheat Futures to Beef ratio charts
Pick a range once — it applies to the ZW-FUT/BEEF ratio line, the OHLC candles and the Wheat Futures / Beef price chart below.
ZW-FUT/BEEF ratio line
How many kg of Beef one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/BEEF ratio candles
Open, high, low and close of the ZW-FUT/BEEF ratio for each period in the last 1Y.
Wheat Futures and Beef prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the wheat futures to beef ratio
Wheat Futures to Beef ratio = Wheat Futures price per Ounce ÷ Beef price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of beef per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $727.24 ÷ $388.53 = 1.872. The inverse is 0.5343.
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 | 4436.83 |
| 2 | XAG | Silver | 66.16 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 90.90 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 95.68 |
| 5 | NG-FUT | Natural Gas Futures | 2.94 |
| 6 | PL | Platinum | 1826.77 |
| 7 | PA | Palladium | 1396.00 |
Frequently asked questions
What is the wheat futures to beef ratio today?
The wheat futures to beef ratio is 1.872 — Wheat Futures at $727.24 per Ounce divided by Beef at $388.53 per Kilogram, from live mid-market prices.
How do you calculate the wheat futures to beef ratio?
Divide the wheat futures price per Ounce by the beef price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of beef per Ounce of wheat futures.
What is the inverse of the wheat futures to beef ratio?
The inverse, beef to wheat futures, is 0.5343 — how many Ounces of wheat futures one Kilogram of beef buys.