Commodity ratio · live
Wheat Futures to Urea Ratio
The wheat futures to urea ratio is 54745 — Wheat Futures at $25,182.79 per kilogram divided by Urea at $0.4600 per kilogram.
Wheat futures is quoted per ounce and urea 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 23, 2026, 1:00 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Urea ratio
1.000 kg of wheat futures = 54,745.2 kg of urea
Inverse (UREA/ZW-FUT): 0.00001827 — one kilogram of urea buys that much wheat futures.
Above its 1 year average. (76th percentile of the last 1 year)
Wheat Futures
$25,182.79
per kilogram
Urea
$0.4600
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 Wed, 23 Sep 2026 01:00:50 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 urea per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
46839
median 47326
1Y low
28785
Apr 9, 2026
1Y high
63846
Aug 25, 2026
Normal band
37952–55725
mean ± 1 std dev
Deviation from mean
+0.89σ
170 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 kg of Urea one kg 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 in USD per kilogram ÷ Urea 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 urea 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: $25,182.79 per kilogram ÷ $0.4600 per kilogram = 54745. The inverse is 0.00001827.
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 | 4338.65 |
| 2 | XAG | Silver | 66.60 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 89.82 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.84 |
| 5 | NG-FUT | Natural Gas Futures | 3.02 |
| 6 | PL | 1821.38 | |
| 7 | PA | 1304.50 |
Frequently asked questions
What is the wheat futures to urea ratio today?
The wheat futures to urea ratio is 54745 — Wheat Futures at $25,182.79 per kilogram divided by Urea at $0.4600 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to urea ratio?
Divide the wheat futures price per kilogram by the urea 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 urea ratio?
The inverse, urea to wheat futures, is 0.00001827 — how many kilograms of wheat futures one kilogram of urea buys.