Commodity ratio · live
Wheat Futures to Palm Oil Ratio
The wheat futures to palm oil ratio is 0.1405 — Wheat Futures at $695.04 per Ounce divided by Palm Oil at $4,947.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Palm Oil ratio
1.000 Oz of wheat futures = 0.1405 T of palm oil
Inverse (PO/ZW-FUT): 7.118 — one Metric Ton of palm oil buys that much wheat futures.
Above its 1 year average. (88th percentile of the last 1 year)
Wheat Futures
$695.04
per Ounce
Palm Oil
MYR4,947.00
per Metric Ton
Unit basis: USD per Ounce ÷ MYR per Metric Ton. The ratio reads as Metric Tons of palm oil per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 11:35:53 GMT.
These two commodities are quoted in different currencies (USD and MYR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1305
median 0.1300
1Y low
0.1077
Oct 10, 2025
1Y high
0.1553
May 13, 2026
Normal band
0.1217–0.1392
mean ± 1 std dev
Deviation from mean
+1.14σ
323 observations
Wheat Futures to Palm Oil ratio charts
Pick a range once — it applies to the ZW-FUT/PO ratio line, the OHLC candles and the Wheat Futures / Palm Oil price chart below.
ZW-FUT/PO ratio line
How many T of Palm Oil one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/PO ratio candles
Open, high, low and close of the ZW-FUT/PO ratio for each period in the last 1Y.
Wheat Futures and Palm Oil 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 palm oil ratio
Wheat Futures to Palm Oil ratio = Wheat Futures price per Ounce ÷ Palm Oil price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of palm oil per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $695.04 ÷ $4,947.00 = 0.1405. The inverse is 7.118.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the wheat futures to palm oil ratio today?
The wheat futures to palm oil ratio is 0.1405 — Wheat Futures at $695.04 per Ounce divided by Palm Oil at $4,947.00 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to palm oil ratio?
Divide the wheat futures price per Ounce by the palm oil 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 palm oil per Ounce of wheat futures.
What is the inverse of the wheat futures to palm oil ratio?
The inverse, palm oil to wheat futures, is 7.118 — how many Ounces of wheat futures one Metric Ton of palm oil buys.