Commodity ratio · live

Ethanol to Lumber Futures Ratio

The ethanol to lumber futures ratio is 0.003696 Ethanol at $2.12 per Gallon divided by Lumber Futures at $573.54 per Thousand Board Feet.

Prices as of Aug 24, 2026, 11:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallon

Ethanol to Lumber Futures ratio

0.003696+6.15% / 1Y

1.000 Gal of ethanol = 0.003696 Mbf of lumber futures

Inverse (LB-FUT/ETHANOL): 270.5 — one Thousand Board Feet of lumber futures buys that much ethanol.

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

Ethanol

$2.12

per Gallon

Lumber Futures

$573.54

per Thousand Board Feet

Unit basis: USD per Gallon ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 11:25:50 GMT.

1Y average

0.003151

median 0.003153

1Y low

0.002494

Jan 16, 2026

1Y high

0.003968

Sep 7, 2025

Normal band

0.002883–0.003420

mean ± 1 std dev

Deviation from mean

+2.03σ

337 observations

Ethanol to Lumber Futures ratio charts

Pick a range once — it applies to the ETHANOL/LB-FUT ratio line, the OHLC candles and the Ethanol / Lumber Futures price chart below.

ETHANOL/LB-FUT ratio line

How many Mbf of Lumber Futures one Gal of Ethanol buys, over 1Y.

ETHANOL/LB-FUT ratio candles

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

Ethanol 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 ethanol to lumber futures ratio

Ethanol to Lumber Futures ratio = Ethanol price per Gallon ÷ 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 Gallon of ethanol — rather than a plain count.

Worked example, live prices: $2.12 ÷ $573.54 = 0.003696. The inverse is 270.5.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the ethanol to lumber futures ratio today?

The ethanol to lumber futures ratio is 0.003696 — Ethanol at $2.12 per Gallon divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.

How do you calculate the ethanol to lumber futures ratio?

Divide the ethanol price per Gallon 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 Gallon of ethanol.

What is the inverse of the ethanol to lumber futures ratio?

The inverse, lumber futures to ethanol, is 270.5 — how many Gallons of ethanol one Thousand Board Feet of lumber futures buys.

Ethanol to Lumber Futures Ratio — 0.003696 Today | CommodityPriceAPI