Commodity ratio · live
Cotton to Lumber Futures Ratio
The cotton to lumber futures ratio is 0.001552 — Cotton at $0.8900 per Pound divided by Lumber Futures at $573.54 per Thousand Board Feet.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Lumber Futures ratio
1.000 Lb of cotton = 0.001552 Mbf of lumber futures
Inverse (LB-FUT/CT): 644.4 — one Thousand Board Feet of lumber futures buys that much cotton.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Cotton
$0.8900
per Pound
Lumber Futures
$573.54
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 cotton. Prices as of Mon, 24 Aug 2026 11:21:43 GMT.
1Y average
0.001227
median 0.001213
1Y low
0.001014
Oct 15, 2025
1Y high
0.001570
Aug 19, 2026
Normal band
0.001108–0.001346
mean ± 1 std dev
Deviation from mean
+2.73σ
251 observations
Cotton to Lumber Futures ratio charts
Pick a range once — it applies to the CT/LB-FUT ratio line, the OHLC candles and the Cotton / Lumber Futures price chart below.
CT/LB-FUT ratio line
How many Mbf of Lumber Futures one Lb of Cotton buys, over 1Y.
CT/LB-FUT ratio candles
Open, high, low and close of the CT/LB-FUT ratio for each period in the last 1Y.
Cotton 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 cotton to lumber futures ratio
Cotton to Lumber Futures ratio = Cotton 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 cotton — rather than a plain count.
Worked example, live prices: $0.8900 ÷ $573.54 = 0.001552. The inverse is 644.4.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the cotton to lumber futures ratio today?
The cotton to lumber futures ratio is 0.001552 — Cotton at $0.8900 per Pound divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.
How do you calculate the cotton to lumber futures ratio?
Divide the cotton 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 cotton.
What is the inverse of the cotton to lumber futures ratio?
The inverse, lumber futures to cotton, is 644.4 — how many Pounds of cotton one Thousand Board Feet of lumber futures buys.