Commodity ratio · live
Wheat Futures to Boxed Beef Cutout, Choice Ratio
The wheat futures to boxed beef cutout, choice ratio is 1.774 — Wheat Futures at $693.90 per Ounce divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight.
Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Boxed Beef Cutout, Choice ratio
1.000 Oz of wheat futures = 1.774 cwt of boxed beef cutout, choice
Inverse (BEEF-CHOICE/ZW-FUT): 0.5637 — one Hundredweight of boxed beef cutout, choice buys that much wheat futures.
Above its 1 year average. (85th percentile of the last 1 year)
Wheat Futures
$693.90
per Ounce
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Unit basis: USD per Ounce ÷ USD per Hundredweight. The ratio reads as Hundredweights of boxed beef cutout, choice per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:36:01 GMT.
1Y average
1.754
median 1.756
1Y low
1.690
Aug 18, 2026
1Y high
1.805
Aug 14, 2026
Normal band
1.730–1.778
mean ± 1 std dev
Deviation from mean
+0.85σ
13 observations
Wheat Futures to Boxed Beef Cutout, Choice ratio charts
Pick a range once — it applies to the ZW-FUT/BEEF-CHOICE ratio line, the OHLC candles and the Wheat Futures / Boxed Beef Cutout, Choice price chart below.
ZW-FUT/BEEF-CHOICE ratio line
How many cwt of Boxed Beef Cutout, Choice one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/BEEF-CHOICE ratio candles
Open, high, low and close of the ZW-FUT/BEEF-CHOICE ratio for each period in the last 1Y.
Wheat Futures and Boxed Beef Cutout, Choice 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 boxed beef cutout, choice ratio
Wheat Futures to Boxed Beef Cutout, Choice ratio = Wheat Futures price per Ounce ÷ Boxed Beef Cutout, Choice price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of boxed beef cutout, choice per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.90 ÷ $391.15 = 1.774. The inverse is 0.5637.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the wheat futures to boxed beef cutout, choice ratio today?
The wheat futures to boxed beef cutout, choice ratio is 1.774 — Wheat Futures at $693.90 per Ounce divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight, from live mid-market prices.
How do you calculate the wheat futures to boxed beef cutout, choice ratio?
Divide the wheat futures price per Ounce by the boxed beef cutout, choice price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of boxed beef cutout, choice per Ounce of wheat futures.
What is the inverse of the wheat futures to boxed beef cutout, choice ratio?
The inverse, boxed beef cutout, choice to wheat futures, is 0.5637 — how many Ounces of wheat futures one Hundredweight of boxed beef cutout, choice buys.