Commodity ratio · live
Wheat Futures to Canola Ratio
The wheat futures to canola ratio is 0.8811 — Wheat Futures at $694.15 per Ounce divided by Canola at $787.82 per Metric Ton.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Canola ratio
1.000 Oz of wheat futures = 0.8811 T of canola
Inverse (CANOLA/ZW-FUT): 1.135 — one Metric Ton of canola buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Wheat Futures
$694.15
per Ounce
Canola
CA$787.82
per Metric Ton
Unit basis: USD per Ounce ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 12:25:59 GMT.
These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.8269
median 0.8255
1Y low
0.7299
Jun 2, 2026
1Y high
0.9188
May 13, 2026
Normal band
0.7997–0.8541
mean ± 1 std dev
Deviation from mean
+1.99σ
328 observations
Wheat Futures to Canola ratio charts
Pick a range once — it applies to the ZW-FUT/CANOLA ratio line, the OHLC candles and the Wheat Futures / Canola price chart below.
ZW-FUT/CANOLA ratio line
How many T of Canola one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/CANOLA ratio candles
Open, high, low and close of the ZW-FUT/CANOLA ratio for each period in the last 1Y.
Wheat Futures and Canola 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 canola ratio
Wheat Futures to Canola ratio = Wheat Futures price per Ounce ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $694.15 ÷ $787.82 = 0.8811. The inverse is 1.135.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the wheat futures to canola ratio today?
The wheat futures to canola ratio is 0.8811 — Wheat Futures at $694.15 per Ounce divided by Canola at $787.82 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to canola ratio?
Divide the wheat futures price per Ounce by the canola 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 canola per Ounce of wheat futures.
What is the inverse of the wheat futures to canola ratio?
The inverse, canola to wheat futures, is 1.135 — how many Ounces of wheat futures one Metric Ton of canola buys.