Commodity ratio · live
Wheat Futures to Coal Ratio
The wheat futures to coal ratio is 5.285 — Wheat Futures at $695.04 per Ounce divided by Coal at $131.50 per Metric Ton.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Coal ratio
1.000 Oz of wheat futures = 5.285 T of coal
Inverse (COAL/ZW-FUT): 0.1892 — one Metric Ton of coal buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)
Wheat Futures
$695.04
per Ounce
Coal
$131.50
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of coal per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 11:35:09 GMT.
1Y average
4.703
median 4.765
1Y low
3.847
Jun 7, 2026
1Y high
5.414
Jul 22, 2026
Normal band
4.372–5.035
mean ± 1 std dev
Deviation from mean
+1.76σ
327 observations
Wheat Futures to Coal ratio charts
Pick a range once — it applies to the ZW-FUT/COAL ratio line, the OHLC candles and the Wheat Futures / Coal price chart below.
ZW-FUT/COAL ratio line
How many T of Coal one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/COAL ratio candles
Open, high, low and close of the ZW-FUT/COAL ratio for each period in the last 1Y.
Wheat Futures and Coal 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 coal ratio
Wheat Futures to Coal ratio = Wheat Futures price per Ounce ÷ Coal price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of coal per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $695.04 ÷ $131.50 = 5.285. The inverse is 0.1892.
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 wheat futures to coal ratio today?
The wheat futures to coal ratio is 5.285 — Wheat Futures at $695.04 per Ounce divided by Coal at $131.50 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to coal ratio?
Divide the wheat futures price per Ounce by the coal 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 coal per Ounce of wheat futures.
What is the inverse of the wheat futures to coal ratio?
The inverse, coal to wheat futures, is 0.1892 — how many Ounces of wheat futures one Metric Ton of coal buys.