Commodity ratio · live
Wheat Futures to Cocoa Ratio
The wheat futures to cocoa ratio is 0.1232 — Wheat Futures at $732.59 per Ounce divided by Cocoa at $5,948.02 per Metric Ton.
Prices as of Sep 16, 2026, 7:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Cocoa ratio
1.000 Oz of wheat futures = 0.1232 T of cocoa
Inverse (CC/ZW-FUT): 8.119 — one Metric Ton of cocoa buys that much wheat futures.
Close to the middle of its 1 year range. (53th percentile of the last 1 year)
Wheat Futures
$732.59
per Ounce
Cocoa
$5,948.02
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of cocoa per Ounce of wheat futures. Prices as of Wed, 16 Sep 2026 19:12:24 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
3.524
median 0.1196
1Y low
0.07021
Sep 19, 2025
1Y high
577.8
Nov 24, 2025
Normal band
0.000–47.66
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 T of Cocoa one Oz 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 per Ounce ÷ Cocoa price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cocoa per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $732.59 ÷ $5,948.02 = 0.1232. The inverse is 8.119.
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 | 4297.52 |
| 2 | XAG | Silver | 63.77 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 102.06 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 105.65 |
| 5 | NG-FUT | Natural Gas Futures | 2.89 |
| 6 | PL | Platinum | 1775.01 |
| 7 | PA | Palladium | 1299.20 |
Frequently asked questions
What is the wheat futures to cocoa ratio today?
The wheat futures to cocoa ratio is 0.1232 — Wheat Futures at $732.59 per Ounce divided by Cocoa at $5,948.02 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to cocoa ratio?
Divide the wheat futures price per Ounce by the cocoa price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of cocoa per Ounce of wheat futures.
What is the inverse of the wheat futures to cocoa ratio?
The inverse, cocoa to wheat futures, is 8.119 — how many Ounces of wheat futures one Metric Ton of cocoa buys.