Commodity ratio · live

Cobalt to Lean Hogs Ratio

The cobalt to lean hogs ratio is 688.1 Cobalt at $56,290.00 per Metric Ton divided by Lean Hogs at $81.80 per Metric Ton.

Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Cobalt to Lean Hogs ratio

688.1+92.87% / 1Y

1.000 T of cobalt = 688.142 T of lean hogs

Inverse (LHOGS/COB): 0.001453 — one Metric Ton of lean hogs buys that much cobalt.

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

Cobalt

$56,290.00

per Metric Ton

Lean Hogs

$81.80

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of lean hogs per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 12:11:15 GMT.

1Y average

573.6

median 600.5

1Y low

303.0

Aug 26, 2025

1Y high

727.4

Jan 7, 2026

Normal band

483.7–663.6

mean ± 1 std dev

Deviation from mean

+1.27σ

202 observations

Cobalt to Lean Hogs ratio charts

Pick a range once — it applies to the COB/LHOGS ratio line, the OHLC candles and the Cobalt / Lean Hogs price chart below.

COB/LHOGS ratio line

How many T of Lean Hogs one T of Cobalt buys, over 1Y.

COB/LHOGS ratio candles

Open, high, low and close of the COB/LHOGS ratio for each period in the last 1Y.

Cobalt and Lean Hogs prices

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

How to calculate the cobalt to lean hogs ratio

Cobalt to Lean Hogs ratio = Cobalt price per Metric Ton ÷ Lean Hogs price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $56,290.00 ÷ $81.80 = 688.1. The inverse is 0.001453.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the cobalt to lean hogs ratio today?

The cobalt to lean hogs ratio is 688.1 — Cobalt at $56,290.00 per Metric Ton divided by Lean Hogs at $81.80 per Metric Ton, from live mid-market prices.

How do you calculate the cobalt to lean hogs ratio?

Divide the cobalt price per Metric Ton by the lean hogs price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of lean hogs per Metric Ton of cobalt.

What is the inverse of the cobalt to lean hogs ratio?

The inverse, lean hogs to cobalt, is 0.001453 — how many Metric Tons of cobalt one Metric Ton of lean hogs buys.

Cobalt to Lean Hogs Ratio — 688.1 Today | CommodityPriceAPI