Commodity ratio · live
Wheat Futures to Natural Gas, US Ratio
The wheat futures to natural gas, us ratio is 248.6 — Wheat Futures at $693.65 per Ounce divided by Natural Gas, US at $2.79 per Million British Thermal Units.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Natural Gas, US ratio
1.000 Oz of wheat futures = 248.620 MMBtu of natural gas, us
Inverse (NG-US/ZW-FUT): 0.004022 — one Million British Thermal Units of natural gas, us buys that much wheat futures.
Above its 1 year average. (89th percentile of the last 1 year)
Wheat Futures
$693.65
per Ounce
Natural Gas, US
$2.79
per Million British Thermal Units
Unit basis: USD per Ounce ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, us per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:35:40 GMT.
1Y average
229.4
median 237.7
1Y low
173.2
Jun 30, 2026
1Y high
258.2
Jul 29, 2026
Normal band
205.7–253.1
mean ± 1 std dev
Deviation from mean
+0.81σ
35 observations
Wheat Futures to Natural Gas, US ratio charts
Pick a range once — it applies to the ZW-FUT/NG-US ratio line, the OHLC candles and the Wheat Futures / Natural Gas, US price chart below.
ZW-FUT/NG-US ratio line
How many MMBtu of Natural Gas, US one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/NG-US ratio candles
Open, high, low and close of the ZW-FUT/NG-US ratio for each period in the last 1Y.
Wheat Futures and Natural Gas, US 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 natural gas, us ratio
Wheat Futures to Natural Gas, US ratio = Wheat Futures price per Ounce ÷ Natural Gas, US price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, us per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.65 ÷ $2.79 = 248.6. The inverse is 0.004022.
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 natural gas, us ratio today?
The wheat futures to natural gas, us ratio is 248.6 — Wheat Futures at $693.65 per Ounce divided by Natural Gas, US at $2.79 per Million British Thermal Units, from live mid-market prices.
How do you calculate the wheat futures to natural gas, us ratio?
Divide the wheat futures price per Ounce by the natural gas, us price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, us per Ounce of wheat futures.
What is the inverse of the wheat futures to natural gas, us ratio?
The inverse, natural gas, us to wheat futures, is 0.004022 — how many Ounces of wheat futures one Million British Thermal Units of natural gas, us buys.