Commodity ratio · live
Wheat Futures to UK Gas Ratio
The wheat futures to uk gas ratio is 4.107 — Wheat Futures at $718.81 per ounce divided by UK Gas at $175.00 per therm.
Prices as of Sep 22, 2026, 12:16 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to UK Gas ratio
1.000 Oz of wheat futures = 4.107 Thm of uk gas
Inverse (UK-GAS/ZW-FUT): 0.2435 — one therm of uk gas buys that much wheat futures.
Near the bottom of its 1 year range — historically compressed. (8th percentile of the last 1 year)
Wheat Futures
$718.81
per ounce
UK Gas
$175.00
per therm
Unit basis: USD per ounce ÷ USD per therm. The two legs are priced per different things — dollars per ounce against dollars per therm — so the result is a rate: therms of uk gas per ounce of wheat futures, not a plain count. Prices as of Tue, 22 Sep 2026 12:16:49 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
5.608
median 5.560
1Y low
3.327
Mar 1, 2026
1Y high
8.096
Feb 25, 2026
Normal band
4.529–6.688
mean ± 1 std dev
Deviation from mean
-1.39σ
170 observations
Wheat Futures to UK Gas ratio charts
Pick a range once — it applies to the ZW-FUT/UK-GAS ratio line, the OHLC candles and the Wheat Futures / UK Gas price chart below.
ZW-FUT/UK-GAS ratio line
How many Thm of UK Gas one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/UK-GAS ratio candles
Open, high, low and close of the ZW-FUT/UK-GAS ratio for each period in the last 1Y.
Wheat Futures and UK Gas 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 uk gas ratio
Wheat Futures to UK Gas ratio = Wheat Futures price in USD per ounce ÷ UK Gas price in USD per therm
The two legs are priced per different things — dollars per ounce against dollars per therm — so the result is a rate: therms of uk gas per ounce of wheat futures, not a plain count.
Worked example, live prices: $718.81 per ounce ÷ $175.00 per therm = 4.107. The inverse is 0.2435.
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 | 4336.69 |
| 2 | XAG | Silver | 65.80 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 90.52 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.81 |
| 5 | NG-FUT | Natural Gas Futures | 2.85 |
| 6 | PL | Platinum | 1822.44 |
| 7 | PA | Palladium | 1317.40 |
Frequently asked questions
What is the wheat futures to uk gas ratio today?
The wheat futures to uk gas ratio is 4.107 — Wheat Futures at $718.81 per ounce divided by UK Gas at $175.00 per therm, from live mid-market prices.
How do you calculate the wheat futures to uk gas ratio?
Divide the wheat futures price per ounce by the uk gas price per therm. The two legs are priced per different things — dollars per ounce against dollars per therm — so the result is a rate: therms of uk gas per ounce of wheat futures, not a plain count.
What is the inverse of the wheat futures to uk gas ratio?
The inverse, uk gas to wheat futures, is 0.2435 — how many ounces of wheat futures one therm of uk gas buys.