Commodity ratio · live
Wool to Wheat Futures Ratio
The wool to wheat futures ratio is 2.607 — Wool at $1,812.00 per 100 Kilogram divided by Wheat Futures at $694.92 per Ounce.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wool to Wheat Futures ratio
1.000 100 Kg of wool = 2.607 Oz of wheat futures
Inverse (ZW-FUT/WOOL): 0.3835 — one Ounce of wheat futures buys that much wool.
Near the bottom of its 1 year range — historically compressed. (6th percentile of the last 1 year)
Wool
AU$1,812.00
per 100 Kilogram
Wheat Futures
$694.92
per Ounce
Unit basis: AUD per 100 Kilogram ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per 100 Kilogram of wool. Prices as of Mon, 24 Aug 2026 11:30:02 GMT.
These two commodities are quoted in different currencies (AUD and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
2.934
median 2.960
1Y low
0.1572
May 4, 2026
1Y high
3.430
Jun 29, 2026
Normal band
2.601–3.267
mean ± 1 std dev
Deviation from mean
-0.98σ
327 observations
Wool to Wheat Futures ratio charts
Pick a range once — it applies to the WOOL/ZW-FUT ratio line, the OHLC candles and the Wool / Wheat Futures price chart below.
WOOL/ZW-FUT ratio line
How many Oz of Wheat Futures one 100 Kg of Wool buys, over 1Y.
WOOL/ZW-FUT ratio candles
Open, high, low and close of the WOOL/ZW-FUT ratio for each period in the last 1Y.
Wool and Wheat Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the wool to wheat futures ratio
Wool to Wheat Futures ratio = Wool price per 100 Kilogram ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per 100 Kilogram of wool — rather than a plain count.
Worked example, live prices: $1,812.00 ÷ $694.92 = 2.607. The inverse is 0.3835.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the wool to wheat futures ratio today?
The wool to wheat futures ratio is 2.607 — Wool at $1,812.00 per 100 Kilogram divided by Wheat Futures at $694.92 per Ounce, from live mid-market prices.
How do you calculate the wool to wheat futures ratio?
Divide the wool price per 100 Kilogram by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per 100 Kilogram of wool.
What is the inverse of the wool to wheat futures ratio?
The inverse, wheat futures to wool, is 0.3835 — how many 100 Kilograms of wool one Ounce of wheat futures buys.