Commodity ratio · live
Wheat Futures to Cocoa Ratio
The wheat futures to cocoa ratio is 4817 — Wheat Futures at $25,566.21 per kilogram divided by Cocoa at $5.31 per kilogram.
Wheat futures is quoted per ounce and cocoa per metric ton, 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, 2:49 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Cocoa ratio
1.000 kg of wheat futures = 4,817.5 kg of cocoa
Inverse (CC/ZW-FUT): 0.0002076 — one kilogram of cocoa buys that much wheat futures.
Close to the middle of its 1 year range. (63th percentile of the last 1 year)
Wheat Futures
$25,566.21
per kilogram
Cocoa
$5.31
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 02:49:49 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 cocoa per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
124315
median 4271
1Y low
2477
Sep 22, 2025
1Y high
20381760
Nov 24, 2025
Normal band
0.000–1681030
mean ± 1 std dev
Deviation from mean
-0.08σ
170 observations
Wheat Futures to Cocoa ratio charts
Pick a range once — it applies to the ZW-FUT/CC ratio line, the OHLC candles and the Wheat Futures / Cocoa price chart below.
ZW-FUT/CC ratio line
How many kg of Cocoa one kg of Wheat Futures buys, over 1Y.
ZW-FUT/CC ratio candles
Open, high, low and close of the ZW-FUT/CC ratio for each period in the last 1Y.
Wheat Futures and Cocoa 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 cocoa ratio
Wheat Futures to Cocoa ratio = Wheat Futures price in USD per kilogram ÷ Cocoa 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 cocoa per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Worked example, live prices: $25,566.21 per kilogram ÷ $5.31 per kilogram = 4817. The inverse is 0.0002076.
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 | 4313.61 |
| 2 | XAG | Silver | 65.29 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 91.04 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 99.40 |
| 5 | NG-FUT | Natural Gas Futures | 2.84 |
| 6 | PL | Platinum | 1791.79 |
| 7 | PA | Palladium | 1292.50 |
Frequently asked questions
What is the wheat futures to cocoa ratio today?
The wheat futures to cocoa ratio is 4817 — Wheat Futures at $25,566.21 per kilogram divided by Cocoa at $5.31 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to cocoa ratio?
Divide the wheat futures price per kilogram by the cocoa 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 cocoa ratio?
The inverse, cocoa to wheat futures, is 0.0002076 — how many kilograms of wheat futures one kilogram of cocoa buys.