Commodity ratio · live

Wheat Futures to US Commercial Electricity Ratio

The wheat futures to us commercial electricity ratio is 51.23 Wheat Futures at $693.65 per Ounce divided by US Commercial Electricity at $13.54 per Kilowatt Hour.

Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to US Commercial Electricity ratio

51.23+31.82% / 1Y

1.000 Oz of wheat futures = 51.230 kWh of us commercial electricity

Inverse (ELEC-COM-US/ZW-FUT): 0.01952 — one Kilowatt Hour of us commercial electricity buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

Wheat Futures

$693.65

per Ounce

US Commercial Electricity

$13.54

per Kilowatt Hour

Unit basis: USD per Ounce ÷ USD per Kilowatt Hour. The ratio reads as Kilowatt Hours of us commercial electricity per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:35:41 GMT.

1Y average

40.87

median 40.11

1Y low

36.95

Feb 1, 2026

1Y high

46.33

May 1, 2026

Normal band

37.32–44.43

mean ± 1 std dev

Deviation from mean

+2.91σ

6 observations

Wheat Futures to US Commercial Electricity ratio charts

Pick a range once — it applies to the ZW-FUT/ELEC-COM-US ratio line, the OHLC candles and the Wheat Futures / US Commercial Electricity price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

ZW-FUT/ELEC-COM-US ratio line

How many kWh of US Commercial Electricity one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/ELEC-COM-US ratio candles

Open, high, low and close of the ZW-FUT/ELEC-COM-US ratio for each period in the last 1Y.

Wheat Futures and US Commercial Electricity 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 us commercial electricity ratio

Wheat Futures to US Commercial Electricity ratio = Wheat Futures price per Ounce ÷ US Commercial Electricity price per Kilowatt Hour

The two legs use different units, so the result is a rate — Kilowatt Hours of us commercial electricity per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $693.65 ÷ $13.54 = 51.23. The inverse is 0.01952.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the wheat futures to us commercial electricity ratio today?

The wheat futures to us commercial electricity ratio is 51.23 — Wheat Futures at $693.65 per Ounce divided by US Commercial Electricity at $13.54 per Kilowatt Hour, from live mid-market prices.

How do you calculate the wheat futures to us commercial electricity ratio?

Divide the wheat futures price per Ounce by the us commercial electricity price per Kilowatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Kilowatt Hours of us commercial electricity per Ounce of wheat futures.

What is the inverse of the wheat futures to us commercial electricity ratio?

The inverse, us commercial electricity to wheat futures, is 0.01952 — how many Ounces of wheat futures one Kilowatt Hour of us commercial electricity buys.

Wheat Futures to US Commercial Electricity Ratio — 51.23 Today | CommodityPriceAPI