Commodity ratio · live
Wheat Futures to Urea Ratio
The wheat futures to urea ratio is 1.568 — Wheat Futures at $707.00 per Ounce divided by Urea at $450.75 per Metric Ton.
Prices as of Sep 13, 2026, 10:58 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Urea ratio
1.000 Oz of wheat futures = 1.568 T of urea
Inverse (UREA/ZW-FUT): 0.6376 — one Metric Ton of urea buys that much wheat futures.
Above its 1 year average. (80th percentile of the last 1 year)
Wheat Futures
$707.00
per Ounce
Urea
$450.75
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of urea per Ounce of wheat futures. Prices as of Sun, 13 Sep 2026 10:58:03 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
1.320
median 1.333
1Y low
0.8160
Apr 9, 2026
1Y high
1.810
Aug 25, 2026
Normal band
1.071–1.569
mean ± 1 std dev
Deviation from mean
+1.00σ
169 observations
Wheat Futures to Urea ratio charts
Pick a range once — it applies to the ZW-FUT/UREA ratio line, the OHLC candles and the Wheat Futures / Urea price chart below.
ZW-FUT/UREA ratio line
How many T of Urea one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/UREA ratio candles
Open, high, low and close of the ZW-FUT/UREA ratio for each period in the last 1Y.
Wheat Futures and Urea 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 urea ratio
Wheat Futures to Urea ratio = Wheat Futures price per Ounce ÷ Urea price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of urea per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $707.00 ÷ $450.75 = 1.568. The inverse is 0.6376.
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 | 4349.29 |
| 2 | XAG | Silver | 64.53 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 100.05 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 104.61 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1805.98 |
| 7 | PA | Palladium | 1309.60 |
Frequently asked questions
What is the wheat futures to urea ratio today?
The wheat futures to urea ratio is 1.568 — Wheat Futures at $707.00 per Ounce divided by Urea at $450.75 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to urea ratio?
Divide the wheat futures price per Ounce by the urea 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 urea per Ounce of wheat futures.
What is the inverse of the wheat futures to urea ratio?
The inverse, urea to wheat futures, is 0.6376 — how many Ounces of wheat futures one Metric Ton of urea buys.