Commodity ratio · live
Wheat Futures to Phosphate Rock Ratio
The wheat futures to phosphate rock ratio is 150232 — Wheat Futures at $25,539.41 per kilogram divided by Phosphate Rock at $0.1700 per kilogram.
Wheat futures is quoted per ounce and phosphate rock 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, 12:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Phosphate Rock ratio
1.000 kg of wheat futures = 150,231.8 kg of phosphate rock
Inverse (PR/ZW-FUT): 0.000006656 — one kilogram of phosphate rock buys that much wheat futures.
Wheat Futures
$25,539.41
per kilogram
Phosphate Rock
$0.1700
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 00:28:38 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 phosphate rock per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
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 kg of Phosphate Rock one kg 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 in USD per kilogram ÷ Phosphate Rock 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 phosphate rock 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: $25,539.41 per kilogram ÷ $0.1700 per kilogram = 150232. The inverse is 0.000006656.
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 | 4344.40 |
| 2 | XAG | Silver | 66.87 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 90.13 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 99.03 |
| 5 | NG-FUT | Natural Gas Futures | 3.03 |
| 6 | PL | 1826.18 | |
| 7 | PA | 1308.70 |
Frequently asked questions
What is the wheat futures to phosphate rock ratio today?
The wheat futures to phosphate rock ratio is 150232 — Wheat Futures at $25,539.41 per kilogram divided by Phosphate Rock at $0.1700 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to phosphate rock ratio?
Divide the wheat futures price per kilogram by the phosphate rock 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 phosphate rock ratio?
The inverse, phosphate rock to wheat futures, is 0.000006656 — how many kilograms of wheat futures one kilogram of phosphate rock buys.