Commodity ratio · live
Wheat Futures to Phosphate Rock Ratio
The wheat futures to phosphate rock ratio is 4.805 — Wheat Futures at $732.69 per Ounce divided by Phosphate Rock at $152.50 per Metric Ton.
Prices as of Sep 16, 2026, 8:50 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Phosphate Rock ratio
1.000 Oz of wheat futures = 4.805 T of phosphate rock
Inverse (PR/ZW-FUT): 0.2081 — one Metric Ton of phosphate rock buys that much wheat futures.
Wheat Futures
$732.69
per Ounce
Phosphate Rock
$152.50
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of phosphate rock per Ounce of wheat futures. Prices as of Wed, 16 Sep 2026 08:50:43 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Wheat Futures to Phosphate Rock ratio charts
Pick a range once — it applies to the ZW-FUT/PR ratio line, the OHLC candles and the Wheat Futures / Phosphate Rock price chart below.
ZW-FUT/PR ratio line
How many T of Phosphate Rock one Oz of Wheat Futures buys, over 1Y.
No overlapping history for ZW-FUT/PR over 1Y. Try a longer range.
ZW-FUT/PR ratio candles
Open, high, low and close of the ZW-FUT/PR ratio for each period in the last 1Y.
No overlapping history for ZW-FUT/PR over 1Y. Try a longer range.
Wheat Futures and Phosphate Rock 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 phosphate rock ratio
Wheat Futures to Phosphate Rock ratio = Wheat Futures price per Ounce ÷ Phosphate Rock price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of phosphate rock per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $732.69 ÷ $152.50 = 4.805. The inverse is 0.2081.
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 | 4283.59 |
| 2 | XAG | Silver | 63.37 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 101.53 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 105.05 |
| 5 | NG-FUT | Natural Gas Futures | 2.89 |
| 6 | PL | Platinum | 1770.16 |
| 7 | PA | Palladium | 1293.80 |
Frequently asked questions
What is the wheat futures to phosphate rock ratio today?
The wheat futures to phosphate rock ratio is 4.805 — Wheat Futures at $732.69 per Ounce divided by Phosphate Rock at $152.50 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to phosphate rock ratio?
Divide the wheat futures price per Ounce by the phosphate rock 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 phosphate rock per Ounce of wheat futures.
What is the inverse of the wheat futures to phosphate rock ratio?
The inverse, phosphate rock to wheat futures, is 0.2081 — how many Ounces of wheat futures one Metric Ton of phosphate rock buys.