Commodity ratio · live
Wheat Futures to Wool Ratio
The wheat futures to wool ratio is 1937 — Wheat Futures at $25,621.95 per kilogram divided by Wool at $13.23 per kilogram.
Wool is quoted in AUD, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and wool per 100 kilograms, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Prices as of Sep 21, 2026, 4:57 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Wool ratio
1.000 kg of wheat futures = 1,937 kg of wool
Inverse (WOOL/ZW-FUT): 0.0005163 — one kilogram of wool buys that much wheat futures.
Wheat Futures
$25,621.95
per kilogram
Wool
$13.23
per kilogram
quoted AUD 1,857.00 per 100 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 Mon, 21 Sep 2026 16:57:55 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Wool is quoted in AUD, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and wool per 100 kilograms, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
The chart and range statistics need a daily AUD to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.
Wheat Futures to Wool ratio charts
Pick a range once — it applies to the ZW-FUT/WOOL ratio line, the OHLC candles and the Wheat Futures / Wool price chart below.
ZW-FUT/WOOL ratio line
How many kg of Wool one kg of Wheat Futures buys, over 1Y.
The chart and range statistics need a daily AUD to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.
ZW-FUT/WOOL ratio candles
Open, high, low and close of the ZW-FUT/WOOL ratio for each period in the last 1Y.
The chart and range statistics need a daily AUD to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.
Wheat Futures and Wool prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
The chart and range statistics need a daily AUD to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.
How to calculate the wheat futures to wool ratio
Wheat Futures to Wool ratio = Wheat Futures price in USD per kilogram ÷ Wool 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.
Wool is quoted in AUD, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and wool per 100 kilograms, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Worked example, live prices: $25,621.95 per kilogram ÷ $13.23 per kilogram = 1937. The inverse is 0.0005163.
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 | 4350.12 |
| 2 | XAG | Silver | 66.26 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 95.28 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 99.52 |
| 5 | NG-FUT | Natural Gas Futures | 2.85 |
| 6 | PL | Platinum | 1810.72 |
| 7 | PA | Palladium | 1317.40 |
Frequently asked questions
What is the wheat futures to wool ratio today?
The wheat futures to wool ratio is 1937 — Wheat Futures at $25,621.95 per kilogram divided by Wool at $13.23 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram, converted at the live mid-market FX rate.
How do you calculate the wheat futures to wool ratio?
Divide the wheat futures price per kilogram by the wool 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 wool ratio?
The inverse, wool to wheat futures, is 0.0005163 — how many kilograms of wheat futures one kilogram of wool buys.