Commodity ratio · live
Wheat Futures to Propane Ratio
The wheat futures to propane ratio is 926.7 — Wheat Futures at $695.05 per Ounce divided by Propane at $0.7500 per Gallon.
Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Propane ratio
1.000 Oz of wheat futures = 926.733 Gal of propane
Inverse (PROP/ZW-FUT): 0.001079 — one Gallon of propane buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)
Wheat Futures
$695.05
per Ounce
Propane
$0.7500
per Gallon
Unit basis: USD per Ounce ÷ USD per Gallon. The ratio reads as Gallons of propane per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 11:33:38 GMT.
1Y average
800.8
median 789.2
1Y low
684.1
Jun 2, 2026
1Y high
964.1
Aug 5, 2026
Normal band
738.4–863.2
mean ± 1 std dev
Deviation from mean
+2.02σ
325 observations
Wheat Futures to Propane ratio charts
Pick a range once — it applies to the ZW-FUT/PROP ratio line, the OHLC candles and the Wheat Futures / Propane price chart below.
ZW-FUT/PROP ratio line
How many Gal of Propane one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/PROP ratio candles
Open, high, low and close of the ZW-FUT/PROP ratio for each period in the last 1Y.
Wheat Futures and Propane 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 propane ratio
Wheat Futures to Propane ratio = Wheat Futures price per Ounce ÷ Propane price per Gallon
The two legs use different units, so the result is a rate — Gallons of propane per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $695.05 ÷ $0.7500 = 926.7. The inverse is 0.001079.
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 propane ratio today?
The wheat futures to propane ratio is 926.7 — Wheat Futures at $695.05 per Ounce divided by Propane at $0.7500 per Gallon, from live mid-market prices.
How do you calculate the wheat futures to propane ratio?
Divide the wheat futures price per Ounce by the propane price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of propane per Ounce of wheat futures.
What is the inverse of the wheat futures to propane ratio?
The inverse, propane to wheat futures, is 0.001079 — how many Ounces of wheat futures one Gallon of propane buys.