Commodity ratio · live
Cheese to Lumber Futures Ratio
The cheese to lumber futures ratio is 0.002805 — Cheese at $1.61 per Pound divided by Lumber Futures at $574.00 per Thousand Board Feet.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Lumber Futures ratio
1.000 Lb of cheese = 0.002805 Mbf of lumber futures
Inverse (LB-FUT/CHE): 356.5 — one Thousand Board Feet of lumber futures buys that much cheese.
Close to the middle of its 1 year range. (49th percentile of the last 1 year)
Cheese
$1.61
per Pound
Lumber Futures
$574.00
per Thousand Board Feet
Unit basis: USD per Pound ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:28:29 GMT.
1Y average
0.002817
median 0.002818
1Y low
0.002267
Jan 18, 2026
1Y high
0.003575
Sep 7, 2025
Normal band
0.002568–0.003067
mean ± 1 std dev
Deviation from mean
-0.05σ
338 observations
Cheese to Lumber Futures ratio charts
Pick a range once — it applies to the CHE/LB-FUT ratio line, the OHLC candles and the Cheese / Lumber Futures price chart below.
CHE/LB-FUT ratio line
How many Mbf of Lumber Futures one Lb of Cheese buys, over 1Y.
CHE/LB-FUT ratio candles
Open, high, low and close of the CHE/LB-FUT ratio for each period in the last 1Y.
Cheese and Lumber Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cheese to lumber futures ratio
Cheese to Lumber Futures ratio = Cheese price per Pound ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $574.00 = 0.002805. The inverse is 356.5.
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 cheese to lumber futures ratio today?
The cheese to lumber futures ratio is 0.002805 — Cheese at $1.61 per Pound divided by Lumber Futures at $574.00 per Thousand Board Feet, from live mid-market prices.
How do you calculate the cheese to lumber futures ratio?
Divide the cheese price per Pound by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Pound of cheese.
What is the inverse of the cheese to lumber futures ratio?
The inverse, lumber futures to cheese, is 356.5 — how many Pounds of cheese one Thousand Board Feet of lumber futures buys.