Commodity ratio · live
Wheat Futures to Salmon Ratio
The wheat futures to salmon ratio is 10.04 — Wheat Futures at $693.64 per Ounce divided by Salmon at $69.12 per Kilogram.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Salmon ratio
1.000 Oz of wheat futures = 10.035 Kg of salmon
Inverse (SALMON/ZW-FUT): 0.09965 — one Kilogram of salmon buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Wheat Futures
$693.64
per Ounce
Salmon
kr69.12
per Kilogram
Unit basis: USD per Ounce ÷ NOK per Kilogram. The ratio reads as Kilograms of salmon per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:34:12 GMT.
These two commodities are quoted in different currencies (USD and NOK). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
7.961
median 7.961
1Y low
6.120
Dec 16, 2025
1Y high
10.07
Aug 23, 2026
Normal band
7.037–8.884
mean ± 1 std dev
Deviation from mean
+2.25σ
325 observations
Wheat Futures to Salmon ratio charts
Pick a range once — it applies to the ZW-FUT/SALMON ratio line, the OHLC candles and the Wheat Futures / Salmon price chart below.
ZW-FUT/SALMON ratio line
How many Kg of Salmon one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/SALMON ratio candles
Open, high, low and close of the ZW-FUT/SALMON ratio for each period in the last 1Y.
Wheat Futures and Salmon 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 salmon ratio
Wheat Futures to Salmon ratio = Wheat Futures price per Ounce ÷ Salmon price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of salmon per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.64 ÷ $69.12 = 10.04. The inverse is 0.09965.
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 salmon ratio today?
The wheat futures to salmon ratio is 10.04 — Wheat Futures at $693.64 per Ounce divided by Salmon at $69.12 per Kilogram, from live mid-market prices.
How do you calculate the wheat futures to salmon ratio?
Divide the wheat futures price per Ounce by the salmon price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of salmon per Ounce of wheat futures.
What is the inverse of the wheat futures to salmon ratio?
The inverse, salmon to wheat futures, is 0.09965 — how many Ounces of wheat futures one Kilogram of salmon buys.