Commodity ratio · live
Wheat Futures to Diammonium Phosphate Ratio
The wheat futures to diammonium phosphate ratio is 0.8753 — Wheat Futures at $693.65 per Ounce divided by Diammonium Phosphate at $792.50 per Metric Ton.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Diammonium Phosphate ratio
1.000 Oz of wheat futures = 0.8753 T of diammonium phosphate
Inverse (DIAPH/ZW-FUT): 1.143 — one Metric Ton of diammonium phosphate buys that much wheat futures.
Above its 1 year average. (85th percentile of the last 1 year)
Wheat Futures
$693.65
per Ounce
Diammonium Phosphate
$792.50
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of diammonium phosphate per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:35:20 GMT.
1Y average
0.8083
median 0.8202
1Y low
0.6286
Aug 24, 2025
1Y high
0.9585
Mar 7, 2026
Normal band
0.7361–0.8806
mean ± 1 std dev
Deviation from mean
+0.93σ
326 observations
Wheat Futures to Diammonium Phosphate ratio charts
Pick a range once — it applies to the ZW-FUT/DIAPH ratio line, the OHLC candles and the Wheat Futures / Diammonium Phosphate price chart below.
ZW-FUT/DIAPH ratio line
How many T of Diammonium Phosphate one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/DIAPH ratio candles
Open, high, low and close of the ZW-FUT/DIAPH ratio for each period in the last 1Y.
Wheat Futures and Diammonium Phosphate 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 diammonium phosphate ratio
Wheat Futures to Diammonium Phosphate ratio = Wheat Futures price per Ounce ÷ Diammonium Phosphate price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of diammonium phosphate per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.65 ÷ $792.50 = 0.8753. The inverse is 1.143.
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 diammonium phosphate ratio today?
The wheat futures to diammonium phosphate ratio is 0.8753 — Wheat Futures at $693.65 per Ounce divided by Diammonium Phosphate at $792.50 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to diammonium phosphate ratio?
Divide the wheat futures price per Ounce by the diammonium phosphate 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 diammonium phosphate per Ounce of wheat futures.
What is the inverse of the wheat futures to diammonium phosphate ratio?
The inverse, diammonium phosphate to wheat futures, is 1.143 — how many Ounces of wheat futures one Metric Ton of diammonium phosphate buys.