Commodity ratio · live
Wheat Futures to Boxed Beef Cutout, Choice Ratio
The wheat futures to boxed beef cutout, choice ratio is 3115 — Wheat Futures at $25,540.11 per kilogram divided by Boxed Beef Cutout, Choice at $8.20 per kilogram.
Wheat futures is quoted per ounce and boxed beef cutout, choice per hundredweight, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Prices as of Sep 22, 2026, 12:44 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Boxed Beef Cutout, Choice ratio
1.000 kg of wheat futures = 3,114.7 kg of boxed beef cutout, choice
Inverse (BEEF-CHOICE/ZW-FUT): 0.0003211 — one kilogram of boxed beef cutout, choice buys that much wheat futures.
Above its 1 year average. (82th percentile of the last 1 year)
Wheat Futures
$25,540.11
per kilogram
Boxed Beef Cutout, Choice
$8.20
per kilogram
Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Tue, 22 Sep 2026 00:44:57 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Wheat futures is quoted per ounce and boxed beef cutout, choice per hundredweight, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
2969
median 3009
1Y low
2704
Aug 18, 2026
1Y high
3287
Aug 28, 2026
Normal band
2815–3122
mean ± 1 std dev
Deviation from mean
+0.95σ
33 observations
Wheat Futures to Boxed Beef Cutout, Choice ratio charts
Pick a range once — it applies to the ZW-FUT/BEEF-CHOICE ratio line, the OHLC candles and the Wheat Futures / Boxed Beef Cutout, Choice price chart below.
ZW-FUT/BEEF-CHOICE ratio line
How many kg of Boxed Beef Cutout, Choice one kg of Wheat Futures buys, over 1Y.
ZW-FUT/BEEF-CHOICE ratio candles
Open, high, low and close of the ZW-FUT/BEEF-CHOICE ratio for each period in the last 1Y.
Wheat Futures and Boxed Beef Cutout, Choice 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 boxed beef cutout, choice ratio
Wheat Futures to Boxed Beef Cutout, Choice ratio = Wheat Futures price in USD per kilogram ÷ Boxed Beef Cutout, Choice price in USD per kilogram
Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
Wheat futures is quoted per ounce and boxed beef cutout, choice per hundredweight, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Worked example, live prices: $25,540.11 per kilogram ÷ $8.20 per kilogram = 3115. The inverse is 0.0003211.
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 | 4357.12 |
| 2 | XAG | Silver | 66.48 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 92.54 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 100.60 |
| 5 | NG-FUT | Natural Gas Futures | 2.84 |
| 6 | PL | Platinum | 1814.38 |
| 7 | PA | Palladium | 1318.00 |
Frequently asked questions
What is the wheat futures to boxed beef cutout, choice ratio today?
The wheat futures to boxed beef cutout, choice ratio is 3115 — Wheat Futures at $25,540.11 per kilogram divided by Boxed Beef Cutout, Choice at $8.20 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to boxed beef cutout, choice ratio?
Divide the wheat futures price per kilogram by the boxed beef cutout, choice price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
What is the inverse of the wheat futures to boxed beef cutout, choice ratio?
The inverse, boxed beef cutout, choice to wheat futures, is 0.0003211 — how many kilograms of wheat futures one kilogram of boxed beef cutout, choice buys.