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Boxed Beef Cutout, Choice to Natural Gas Futures Ratio

The boxed beef cutout, choice to natural gas futures ratio is 126.5 Boxed Beef Cutout, Choice at $376.90 per Hundredweight divided by Natural Gas Futures at $2.98 per Million British Thermal Units.

Prices as of Sep 5, 2026, 12:55 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight
BEEF-CHOICE · USD per Hundredweight
NG-FUT · USD per Million British Thermal Units

Boxed Beef Cutout, Choice to Natural Gas Futures ratio

126.5-7.88% / 1Y

1.000 cwt of boxed beef cutout, choice = 126.477 MMBtu of natural gas futures

Inverse (NG-FUT/BEEF-CHOICE): 0.007907 — one Million British Thermal Units of natural gas futures buys that much boxed beef cutout, choice.

Near the bottom of its 1 year range — historically compressed. (9th percentile of the last 1 year)

Boxed Beef Cutout, Choice

$376.90

per Hundredweight

Natural Gas Futures

$2.98

per Million British Thermal Units

Unit basis: USD per Hundredweight ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Hundredweight of boxed beef cutout, choice. Prices as of Sat, 05 Sep 2026 12:55:22 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

134.6

median 136.3

1Y low

125.4

Sep 2, 2026

1Y high

142.1

Aug 19, 2026

Normal band

129.9–139.3

mean ± 1 std dev

Deviation from mean

-1.73σ

23 observations

Boxed Beef Cutout, Choice to Natural Gas Futures ratio charts

Pick a range once — it applies to the BEEF-CHOICE/NG-FUT ratio line, the OHLC candles and the Boxed Beef Cutout, Choice / Natural Gas Futures price chart below.

BEEF-CHOICE/NG-FUT ratio line

How many MMBtu of Natural Gas Futures one cwt of Boxed Beef Cutout, Choice buys, over 1Y.

BEEF-CHOICE/NG-FUT ratio candles

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

Boxed Beef Cutout, Choice and Natural Gas Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the boxed beef cutout, choice to natural gas futures ratio

Boxed Beef Cutout, Choice to Natural Gas Futures ratio = Boxed Beef Cutout, Choice price per Hundredweight ÷ Natural Gas Futures price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Hundredweight of boxed beef cutout, choice — rather than a plain count.

Worked example, live prices: $376.90 ÷ $2.98 = 126.5. The inverse is 0.007907.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4430.58
2XAGSilver66.24
3WTIOIL-FUTCrude Oil WTI Futures91.48
4BRENTOIL-FUTCrude Oil Brent Futures96.28
5NG-FUTNatural Gas Futures2.98
6PLPlatinum1824.38
7PAPalladium1398.80

Frequently asked questions

What is the boxed beef cutout, choice to natural gas futures ratio today?

The boxed beef cutout, choice to natural gas futures ratio is 126.5 — Boxed Beef Cutout, Choice at $376.90 per Hundredweight divided by Natural Gas Futures at $2.98 per Million British Thermal Units, from live mid-market prices.

How do you calculate the boxed beef cutout, choice to natural gas futures ratio?

Divide the boxed beef cutout, choice price per Hundredweight by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Hundredweight of boxed beef cutout, choice.

What is the inverse of the boxed beef cutout, choice to natural gas futures ratio?

The inverse, natural gas futures to boxed beef cutout, choice, is 0.007907 — how many Hundredweights of boxed beef cutout, choice one Million British Thermal Units of natural gas futures buys.

Boxed Beef Cutout, Choice to Natural Gas Futures Ratio — 126.5 Today | CommodityPriceAPI