Commodity ratio · live
Wheat Futures to Soybeans Futures Ratio
The wheat futures to soybeans futures ratio is 54.47 — Wheat Futures at $719.38 per ounce divided by Soybeans Futures at $13.21 per bushel.
Prices as of Sep 22, 2026, 8:58 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Soybeans Futures ratio
1.000 Oz of wheat futures = 54.469 Bu of soybeans futures
Inverse (SOYBEAN-FUT/ZW-FUT): 0.01836 — one bushel of soybeans futures buys that much wheat futures.
Above its 1 year average. (78th percentile of the last 1 year)
Wheat Futures
$719.38
per ounce
Soybeans Futures
$13.21
per bushel
quoted US Cent 1,321.69 per Bushel
Unit basis: USD per ounce ÷ USD per bushel. The two legs are priced per different things — dollars per ounce against dollars per bushel — so the result is a rate: bushels of soybeans futures per ounce of wheat futures, not a plain count. Prices as of Tue, 22 Sep 2026 08:58:59 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
51.47
median 51.03
1Y low
45.42
Nov 16, 2025
1Y high
61.09
Aug 28, 2026
Normal band
48.53–54.41
mean ± 1 std dev
Deviation from mean
+1.02σ
170 observations
Wheat Futures to Soybeans Futures ratio charts
Pick a range once — it applies to the ZW-FUT/SOYBEAN-FUT ratio line, the OHLC candles and the Wheat Futures / Soybeans Futures price chart below.
ZW-FUT/SOYBEAN-FUT ratio line
How many Bu of Soybeans Futures one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/SOYBEAN-FUT ratio candles
Open, high, low and close of the ZW-FUT/SOYBEAN-FUT ratio for each period in the last 1Y.
Wheat Futures and Soybeans 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 soybeans futures ratio
Wheat Futures to Soybeans Futures ratio = Wheat Futures price in USD per ounce ÷ Soybeans Futures price in USD per bushel
The two legs are priced per different things — dollars per ounce against dollars per bushel — so the result is a rate: bushels of soybeans futures per ounce of wheat futures, not a plain count.
Worked example, live prices: $719.38 per ounce ÷ $13.21 per bushel = 54.47. The inverse is 0.01836.
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 soybeans futures ratio today?
The wheat futures to soybeans futures ratio is 54.47 — Wheat Futures at $719.38 per ounce divided by Soybeans Futures at $13.21 per bushel, from live mid-market prices.
How do you calculate the wheat futures to soybeans futures ratio?
Divide the wheat futures price per ounce by the soybeans futures price per bushel. The two legs are priced per different things — dollars per ounce against dollars per bushel — so the result is a rate: bushels of soybeans futures per ounce of wheat futures, not a plain count.
What is the inverse of the wheat futures to soybeans futures ratio?
The inverse, soybeans futures to wheat futures, is 0.01836 — how many ounces of wheat futures one bushel of soybeans futures buys.