Commodity ratio · live
Wheat Futures to Crude Oil Brent Futures Ratio
The wheat futures to crude oil brent futures ratio is 7.114 — Wheat Futures at $723.69 per Ounce divided by Crude Oil Brent Futures at $101.73 per Barrel.
Prices as of Sep 21, 2026, 8:05 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Crude Oil Brent Futures ratio
1.000 Oz of wheat futures = 7.114 Bbl of crude oil brent futures
Inverse (BRENTOIL-FUT/ZW-FUT): 0.1406 — one Barrel of crude oil brent futures buys that much wheat futures.
Close to the middle of its 1 year range. (39th percentile of the last 1 year)
Wheat Futures
$723.69
per Ounce
Crude Oil Brent Futures
$101.73
per Barrel
Unit basis: USD per Ounce ÷ USD per Barrel. The ratio reads as Barrels of crude oil brent futures per Ounce of wheat futures. Prices as of Mon, 21 Sep 2026 08:05:35 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
7.282
median 7.694
1Y low
5.170
Mar 28, 2026
1Y high
8.863
Oct 26, 2025
Normal band
6.264–8.301
mean ± 1 std dev
Deviation from mean
-0.17σ
148 observations
Wheat Futures to Crude Oil Brent Futures ratio charts
Pick a range once — it applies to the ZW-FUT/BRENTOIL-FUT ratio line, the OHLC candles and the Wheat Futures / Crude Oil Brent Futures price chart below.
ZW-FUT/BRENTOIL-FUT ratio line
How many Bbl of Crude Oil Brent Futures one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/BRENTOIL-FUT ratio candles
Open, high, low and close of the ZW-FUT/BRENTOIL-FUT ratio for each period in the last 1Y.
Wheat Futures and Crude Oil Brent Futures 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 crude oil brent futures ratio
Wheat Futures to Crude Oil Brent Futures ratio = Wheat Futures price per Ounce ÷ Crude Oil Brent Futures price per Barrel
The two legs use different units, so the result is a rate — Barrels of crude oil brent futures per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $723.69 ÷ $101.73 = 7.114. The inverse is 0.1406.
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 | 4351.19 |
| 2 | XAG | Silver | 66.04 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 97.66 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 101.17 |
| 5 | NG-FUT | Natural Gas Futures | 2.86 |
| 6 | PL | Platinum | 1803.88 |
| 7 | PA | Palladium | 1308.00 |
Frequently asked questions
What is the wheat futures to crude oil brent futures ratio today?
The wheat futures to crude oil brent futures ratio is 7.114 — Wheat Futures at $723.69 per Ounce divided by Crude Oil Brent Futures at $101.73 per Barrel, from live mid-market prices.
How do you calculate the wheat futures to crude oil brent futures ratio?
Divide the wheat futures price per Ounce by the crude oil brent futures price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of crude oil brent futures per Ounce of wheat futures.
What is the inverse of the wheat futures to crude oil brent futures ratio?
The inverse, crude oil brent futures to wheat futures, is 0.1406 — how many Ounces of wheat futures one Barrel of crude oil brent futures buys.