Commodity ratio · live
Wheat Futures to Lead Futures Ratio
The wheat futures to lead futures ratio is 13172 — Wheat Futures at $25,608.90 per kilogram divided by Lead Futures at $1.94 per kilogram.
Wheat futures is quoted per ounce and lead futures 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 21, 2026, 8:02 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Lead Futures ratio
1.000 kg of wheat futures = 13,172.4 kg of lead futures
Inverse (LEAD-FUT/ZW-FUT): 0.00007592 — one kilogram of lead futures buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)
Wheat Futures
$25,608.90
per kilogram
Lead Futures
$1.94
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 Mon, 21 Sep 2026 20:02:20 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 lead futures 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
10630
median 10658
1Y low
8551
Oct 9, 2025
1Y high
14317
Aug 28, 2026
Normal band
9218–12041
mean ± 1 std dev
Deviation from mean
+1.80σ
171 observations
Wheat Futures to Lead Futures ratio charts
Pick a range once — it applies to the ZW-FUT/LEAD-FUT ratio line, the OHLC candles and the Wheat Futures / Lead Futures price chart below.
ZW-FUT/LEAD-FUT ratio line
How many kg of Lead Futures one kg of Wheat Futures buys, over 1Y.
ZW-FUT/LEAD-FUT ratio candles
Open, high, low and close of the ZW-FUT/LEAD-FUT ratio for each period in the last 1Y.
Wheat Futures and Lead 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 lead futures ratio
Wheat Futures to Lead Futures ratio = Wheat Futures price in USD per kilogram ÷ Lead Futures 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 lead futures 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: $25,608.90 per kilogram ÷ $1.94 per kilogram = 13172. The inverse is 0.00007592.
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 | 4352.68 |
| 2 | XAG | Silver | 66.22 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 95.37 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 100.08 |
| 5 | NG-FUT | Natural Gas Futures | 2.82 |
| 6 | PL | Platinum | 1813.14 |
| 7 | PA | Palladium | 1317.80 |
Frequently asked questions
What is the wheat futures to lead futures ratio today?
The wheat futures to lead futures ratio is 13172 — Wheat Futures at $25,608.90 per kilogram divided by Lead Futures at $1.94 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to lead futures ratio?
Divide the wheat futures price per kilogram by the lead futures 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 lead futures ratio?
The inverse, lead futures to wheat futures, is 0.00007592 — how many kilograms of wheat futures one kilogram of lead futures buys.