Commodity ratio · live

Wheat Futures to Cattle Ratio

The wheat futures to cattle ratio is 5477 Wheat Futures at $25,608.90 per kilogram divided by Cattle at $4.68 per kilogram.

Wheat futures is quoted per ounce and cattle per pound, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Prices as of Sep 21, 2026, 8:15 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
LC1 · US Cent per Pound

Wheat Futures to Cattle ratio

5477+54.34% / 1Y

1.000 kg of wheat futures = 5,477.2 kg of cattle

Inverse (LC1/ZW-FUT): 0.0001826 — one kilogram of cattle buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)

Wheat Futures

$25,608.90

per kilogram

Cattle

$4.68

per kilogram

quoted US Cent 212.08 per Pound

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 Mon, 21 Sep 2026 20:15:28 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 cattle per pound, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

1Y average

3986

median 3871

1Y low

3209

Oct 13, 2025

1Y high

5814

Sep 1, 2026

Normal band

3466–4505

mean ± 1 std dev

Deviation from mean

+2.87σ

201 observations

Wheat Futures to Cattle ratio charts

Pick a range once — it applies to the ZW-FUT/LC1 ratio line, the OHLC candles and the Wheat Futures / Cattle price chart below.

ZW-FUT/LC1 ratio line

How many kg of Cattle one kg of Wheat Futures buys, over 1Y.

ZW-FUT/LC1 ratio candles

Open, high, low and close of the ZW-FUT/LC1 ratio for each period in the last 1Y.

Wheat Futures and Cattle 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 cattle ratio

Wheat Futures to Cattle ratio = Wheat Futures price in USD per kilogram ÷ Cattle 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 cattle per pound, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Worked example, live prices: $25,608.90 per kilogram ÷ $4.68 per kilogram = 5477. The inverse is 0.0001826.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4354.04
2XAGSilver66.32
3WTIOIL-FUTCrude Oil WTI Futures92.88
4BRENTOIL-FUTCrude Oil Brent Futures101.12
5NG-FUTNatural Gas Futures2.84
6PLPlatinum1800.93
7PAPalladium1312.20

Frequently asked questions

What is the wheat futures to cattle ratio today?

The wheat futures to cattle ratio is 5477 — Wheat Futures at $25,608.90 per kilogram divided by Cattle at $4.68 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.

How do you calculate the wheat futures to cattle ratio?

Divide the wheat futures price per kilogram by the cattle 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 cattle ratio?

The inverse, cattle to wheat futures, is 0.0001826 — how many kilograms of wheat futures one kilogram of cattle buys.