Commodity ratio · live
Wheat Futures to Cattle Ratio
The wheat futures to cattle ratio is 307.4 — Wheat Futures at $693.64 per Ounce divided by Cattle at $2.26 per Pound.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Cattle ratio
1.000 Oz of wheat futures = 307.424 lbs of cattle
Inverse (LC1/ZW-FUT): 0.003253 — one Pound of cattle buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)
Wheat Futures
$693.64
per Ounce
Cattle
¢2.26
per Pound
Unit basis: USD per Ounce ÷ US Cent per Pound. The ratio reads as Pounds of cattle per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:34:22 GMT.
1Y average
241.9
median 237.7
1Y low
199.8
Sep 10, 2025
1Y high
317.4
Jul 22, 2026
Normal band
219.2–264.6
mean ± 1 std dev
Deviation from mean
+2.88σ
194 observations
Wheat Futures to Cattle ratio charts
Pick a range once — it applies to the ZW-FUT/LC1 ratio line, the OHLC candles and the Wheat Futures / Cattle price chart below.
ZW-FUT/LC1 ratio line
How many lbs of Cattle one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/LC1 ratio candles
Open, high, low and close of the ZW-FUT/LC1 ratio for each period in the last 1Y.
Wheat Futures and Cattle 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 cattle ratio
Wheat Futures to Cattle ratio = Wheat Futures price per Ounce ÷ Cattle price per Pound
The two legs use different units, so the result is a rate — Pounds of cattle per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.64 ÷ $2.26 = 307.4. The inverse is 0.003253.
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 cattle ratio today?
The wheat futures to cattle ratio is 307.4 — Wheat Futures at $693.64 per Ounce divided by Cattle at $2.26 per Pound, from live mid-market prices.
How do you calculate the wheat futures to cattle ratio?
Divide the wheat futures price per Ounce by the cattle price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cattle per Ounce of wheat futures.
What is the inverse of the wheat futures to cattle ratio?
The inverse, cattle to wheat futures, is 0.003253 — how many Ounces of wheat futures one Pound of cattle buys.