Commodity ratio · live

Wheat Futures to Neodymium Ratio

The wheat futures to neodymium ratio is 0.0007297 Wheat Futures at $695.06 per Ounce divided by Neodymium at $952,500.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to Neodymium ratio

0.0007297+10.59% / 1Y

1.000 Oz of wheat futures = 0.0007297 T of neodymium

Inverse (NDYM/ZW-FUT): 1370 — one Metric Ton of neodymium buys that much wheat futures.

Above its 1 year average. (86th percentile of the last 1 year)

Wheat Futures

$695.06

per Ounce

Neodymium

$952,500.00

per Metric Ton

Unit basis: USD per Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 11:34:46 GMT.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.0006435

median 0.0006447

1Y low

0.0004888

Feb 25, 2026

1Y high

0.0008197

Nov 5, 2025

Normal band

0.0005721–0.0007149

mean ± 1 std dev

Deviation from mean

+1.21σ

317 observations

Wheat Futures to Neodymium ratio charts

Pick a range once — it applies to the ZW-FUT/NDYM ratio line, the OHLC candles and the Wheat Futures / Neodymium price chart below.

ZW-FUT/NDYM ratio line

How many T of Neodymium one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/NDYM ratio candles

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

Wheat Futures and Neodymium 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 neodymium ratio

Wheat Futures to Neodymium ratio = Wheat Futures price per Ounce ÷ Neodymium price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of neodymium per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $695.06 ÷ $952,500.00 = 0.0007297. The inverse is 1370.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the wheat futures to neodymium ratio today?

The wheat futures to neodymium ratio is 0.0007297 — Wheat Futures at $695.06 per Ounce divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the wheat futures to neodymium ratio?

Divide the wheat futures price per Ounce by the neodymium 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 neodymium per Ounce of wheat futures.

What is the inverse of the wheat futures to neodymium ratio?

The inverse, neodymium to wheat futures, is 1370 — how many Ounces of wheat futures one Metric Ton of neodymium buys.

Wheat Futures to Neodymium Ratio — 0.0007297 Today | CommodityPriceAPI