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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.

Ounce
ZW-FUT · USD per Ounce
BEEF-CHOICE · USD per Hundredweight

Wheat Futures to Boxed Beef Cutout, Choice ratio

3115+11.65% / 1Y

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.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4357.12
2XAGSilver66.48
3WTIOIL-FUTCrude Oil WTI Futures92.54
4BRENTOIL-FUTCrude Oil Brent Futures100.60
5NG-FUTNatural Gas Futures2.84
6PLPlatinum1814.38
7PAPalladium1318.00

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.

Wheat Futures to Boxed Beef Cutout, Choice Ratio — 3115 Today | CommodityPriceAPI