Commodity ratio · live

Wheat Futures to US Industrial Electricity Ratio

The wheat futures to us industrial electricity ratio is 79.67 Wheat Futures at $693.90 per Ounce divided by US Industrial Electricity at $8.71 per Kilowatt Hour.

Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to US Industrial Electricity ratio

79.67+28.29% / 1Y

1.000 Oz of wheat futures = 79.667 kWh of us industrial electricity

Inverse (ELEC-IND-US/ZW-FUT): 0.01255 — one Kilowatt Hour of us industrial 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

$693.90

per Ounce

US Industrial Electricity

$8.71

per Kilowatt Hour

Unit basis: USD per Ounce ÷ USD per Kilowatt Hour. The ratio reads as Kilowatt Hours of us industrial electricity per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:36:20 GMT.

1Y average

64.11

median 64.60

1Y low

54.52

Jan 1, 2026

1Y high

72.01

May 1, 2026

Normal band

58.09–70.12

mean ± 1 std dev

Deviation from mean

+2.59σ

6 observations

Wheat Futures to US Industrial Electricity ratio charts

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

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

ZW-FUT/ELEC-IND-US ratio line

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

ZW-FUT/ELEC-IND-US ratio candles

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

Wheat Futures and US Industrial 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 industrial electricity ratio

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

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

Worked example, live prices: $693.90 ÷ $8.71 = 79.67. The inverse is 0.01255.

Live prices behind the ratio

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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 industrial electricity ratio today?

The wheat futures to us industrial electricity ratio is 79.67 — Wheat Futures at $693.90 per Ounce divided by US Industrial Electricity at $8.71 per Kilowatt Hour, from live mid-market prices.

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

Divide the wheat futures price per Ounce by the us industrial 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 industrial electricity per Ounce of wheat futures.

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

The inverse, us industrial electricity to wheat futures, is 0.01255 — how many Ounces of wheat futures one Kilowatt Hour of us industrial electricity buys.

Wheat Futures to US Industrial Electricity Ratio — 79.67 Today | CommodityPriceAPI