Commodity ratio · live
Wheat Futures to Barley Ratio
The wheat futures to barley ratio is 5.694 — Wheat Futures at $694.15 per Ounce divided by Barley at $121.90 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Barley ratio
1.000 Oz of wheat futures = 5.694 T of barley
Inverse (NBLC1/ZW-FUT): 0.1756 — one Metric Ton of barley buys that much wheat futures.
Wheat Futures
$694.15
per Ounce
Barley
$121.90
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of barley per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 12:24:37 GMT.
Wheat Futures to Barley ratio charts
Pick a range once — it applies to the ZW-FUT/NBLC1 ratio line, the OHLC candles and the Wheat Futures / Barley price chart below.
ZW-FUT/NBLC1 ratio line
How many T of Barley one Oz of Wheat Futures buys, over 1Y.
No overlapping history for ZW-FUT/NBLC1 over 1Y. Try a longer range.
ZW-FUT/NBLC1 ratio candles
Open, high, low and close of the ZW-FUT/NBLC1 ratio for each period in the last 1Y.
No overlapping history for ZW-FUT/NBLC1 over 1Y. Try a longer range.
Wheat Futures and Barley 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 barley ratio
Wheat Futures to Barley ratio = Wheat Futures price per Ounce ÷ Barley price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of barley per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $694.15 ÷ $121.90 = 5.694. The inverse is 0.1756.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the wheat futures to barley ratio today?
The wheat futures to barley ratio is 5.694 — Wheat Futures at $694.15 per Ounce divided by Barley at $121.90 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to barley ratio?
Divide the wheat futures price per Ounce by the barley 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 barley per Ounce of wheat futures.
What is the inverse of the wheat futures to barley ratio?
The inverse, barley to wheat futures, is 0.1756 — how many Ounces of wheat futures one Metric Ton of barley buys.