Commodity ratio · live

Wheat Futures to Neodymium Ratio

The wheat futures to neodymium ratio is 180.4 Wheat Futures at $25,593.02 per kilogram divided by Neodymium at $141.89 per kilogram.

Neodymium is quoted in CNY, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and neodymium 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, 6:51 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
NDYM · CNY per Metric Ton

Wheat Futures to Neodymium ratio

180.4

1.000 kg of wheat futures = 180.369 kg of neodymium

Inverse (NDYM/ZW-FUT): 0.005544 — one kilogram of neodymium buys that much wheat futures.

Wheat Futures

$25,593.02

per kilogram

Neodymium

$141.89

per kilogram

quoted CNY 950,000.00 per Metric Ton

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 18:51:34 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

Neodymium is quoted in CNY, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and neodymium per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

Wheat Futures to Neodymium ratio charts

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

ZW-FUT/NDYM ratio line

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

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

ZW-FUT/NDYM ratio candles

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

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

Wheat Futures and Neodymium prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

How to calculate the wheat futures to neodymium ratio

Wheat Futures to Neodymium ratio = Wheat Futures price in USD per kilogram ÷ Neodymium 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.

Neodymium is quoted in CNY, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and neodymium 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: $25,593.02 per kilogram ÷ $141.89 per kilogram = 180.4. The inverse is 0.005544.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4351.63
2XAGSilver66.03
3WTIOIL-FUTCrude Oil WTI Futures95.67
4BRENTOIL-FUTCrude Oil Brent Futures100.24
5NG-FUTNatural Gas Futures2.83
6PLPlatinum1809.91
7PAPalladium1314.10

Frequently asked questions

What is the wheat futures to neodymium ratio today?

The wheat futures to neodymium ratio is 180.4 — Wheat Futures at $25,593.02 per kilogram divided by Neodymium at $141.89 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram, converted at the live mid-market FX rate.

How do you calculate the wheat futures to neodymium ratio?

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

The inverse, neodymium to wheat futures, is 0.005544 — how many kilograms of wheat futures one kilogram of neodymium buys.

Wheat Futures to Neodymium Ratio — 180.4 Today | CommodityPriceAPI