Commodity ratio · live

Wheat Futures to Soybeans Futures Ratio

The wheat futures to soybeans futures ratio is 56.63 Wheat Futures at $693.39 per Ounce divided by Soybeans Futures at $12.24 per Bushel.

Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to Soybeans Futures ratio

56.63+13.34% / 1Y

1.000 Oz of wheat futures = 56.629 Bu of soybeans futures

Inverse (SOYBEAN-FUT/ZW-FUT): 0.01766 — one Bushel of soybeans futures buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)

Wheat Futures

$693.39

per Ounce

Soybeans Futures

¢12.24

per Bushel

Unit basis: USD per Ounce ÷ US Cent per Bushel. The ratio reads as Bushels of soybeans futures per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:38:58 GMT.

1Y average

50.99

median 50.80

1Y low

45.42

Nov 16, 2025

1Y high

57.91

Aug 15, 2026

Normal band

48.43–53.55

mean ± 1 std dev

Deviation from mean

+2.20σ

327 observations

Wheat Futures to Soybeans Futures ratio charts

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

ZW-FUT/SOYBEAN-FUT ratio line

How many Bu of Soybeans Futures one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/SOYBEAN-FUT ratio candles

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

Wheat Futures and Soybeans Futures 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 soybeans futures ratio

Wheat Futures to Soybeans Futures ratio = Wheat Futures price per Ounce ÷ Soybeans Futures price per Bushel

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

Worked example, live prices: $693.39 ÷ $12.24 = 56.63. The inverse is 0.01766.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the wheat futures to soybeans futures ratio today?

The wheat futures to soybeans futures ratio is 56.63 — Wheat Futures at $693.39 per Ounce divided by Soybeans Futures at $12.24 per Bushel, from live mid-market prices.

How do you calculate the wheat futures to soybeans futures ratio?

Divide the wheat futures price per Ounce by the soybeans futures price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybeans futures per Ounce of wheat futures.

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

The inverse, soybeans futures to wheat futures, is 0.01766 — how many Ounces of wheat futures one Bushel of soybeans futures buys.

Wheat Futures to Soybeans Futures Ratio — 56.63 Today | CommodityPriceAPI