Commodity ratio · live
Beef to Heating Oil Futures Ratio
The beef to heating oil futures ratio is 89.71 — Beef at $391.15 per Kilogram divided by Heating Oil Futures at $4.36 per Gallan.
Prices as of Aug 24, 2026, 10:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Beef to Heating Oil Futures ratio
1.000 kg of beef = 89.713 Gal of heating oil futures
Inverse (HO-FUT/BEEF): 0.01115 — one Gallan of heating oil futures buys that much beef.
Above its 1 year average. (77th percentile of the last 1 year)
Beef
$391.15
per Kilogram
Heating Oil Futures
$4.36
per Gallan
Unit basis: USD per Kilogram ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Kilogram of beef. Prices as of Mon, 24 Aug 2026 10:31:19 GMT.
1Y average
89.11
median 87.90
1Y low
83.98
Aug 17, 2026
1Y high
98.13
Aug 5, 2026
Normal band
85.59–92.64
mean ± 1 std dev
Deviation from mean
+0.17σ
13 observations
Beef to Heating Oil Futures ratio charts
Pick a range once — it applies to the BEEF/HO-FUT ratio line, the OHLC candles and the Beef / Heating Oil Futures price chart below.
BEEF/HO-FUT ratio line
How many Gal of Heating Oil Futures one kg of Beef buys, over 1Y.
BEEF/HO-FUT ratio candles
Open, high, low and close of the BEEF/HO-FUT ratio for each period in the last 1Y.
Beef and Heating Oil Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the beef to heating oil futures ratio
Beef to Heating Oil Futures ratio = Beef price per Kilogram ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Kilogram of beef — rather than a plain count.
Worked example, live prices: $391.15 ÷ $4.36 = 89.71. The inverse is 0.01115.
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 beef to heating oil futures ratio today?
The beef to heating oil futures ratio is 89.71 — Beef at $391.15 per Kilogram divided by Heating Oil Futures at $4.36 per Gallan, from live mid-market prices.
How do you calculate the beef to heating oil futures ratio?
Divide the beef price per Kilogram by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Kilogram of beef.
What is the inverse of the beef to heating oil futures ratio?
The inverse, heating oil futures to beef, is 0.01115 — how many Kilograms of beef one Gallan of heating oil futures buys.