Commodity ratio · live
Heating Oil Futures to Boxed Beef Cutout, Choice Ratio
The heating oil futures to boxed beef cutout, choice ratio is 0.01122 — Heating Oil Futures at $4.39 per Gallan divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight.
Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Boxed Beef Cutout, Choice ratio
1.000 Gal of heating oil futures = 0.01122 cwt of boxed beef cutout, choice
Inverse (BEEF-CHOICE/HO-FUT): 89.10 — one Hundredweight of boxed beef cutout, choice buys that much heating oil futures.
Close to the middle of its 1 year range. (38th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Unit basis: USD per Gallan ÷ USD per Hundredweight. The ratio reads as Hundredweights of boxed beef cutout, choice per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:34:23 GMT.
1Y average
0.01124
median 0.01138
1Y low
0.01019
Aug 5, 2026
1Y high
0.01191
Aug 17, 2026
Normal band
0.01081–0.01167
mean ± 1 std dev
Deviation from mean
-0.04σ
13 observations
Heating Oil Futures to Boxed Beef Cutout, Choice ratio charts
Pick a range once — it applies to the HO-FUT/BEEF-CHOICE ratio line, the OHLC candles and the Heating Oil Futures / Boxed Beef Cutout, Choice price chart below.
HO-FUT/BEEF-CHOICE ratio line
How many cwt of Boxed Beef Cutout, Choice one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/BEEF-CHOICE ratio candles
Open, high, low and close of the HO-FUT/BEEF-CHOICE ratio for each period in the last 1Y.
Heating Oil Futures and Boxed Beef Cutout, Choice prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the heating oil futures to boxed beef cutout, choice ratio
Heating Oil Futures to Boxed Beef Cutout, Choice ratio = Heating Oil Futures price per Gallan ÷ Boxed Beef Cutout, Choice price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of boxed beef cutout, choice per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $391.15 = 0.01122. The inverse is 89.10.
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 heating oil futures to boxed beef cutout, choice ratio today?
The heating oil futures to boxed beef cutout, choice ratio is 0.01122 — Heating Oil Futures at $4.39 per Gallan divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight, from live mid-market prices.
How do you calculate the heating oil futures to boxed beef cutout, choice ratio?
Divide the heating oil futures price per Gallan by the boxed beef cutout, choice price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of boxed beef cutout, choice per Gallan of heating oil futures.
What is the inverse of the heating oil futures to boxed beef cutout, choice ratio?
The inverse, boxed beef cutout, choice to heating oil futures, is 89.10 — how many Gallans of heating oil futures one Hundredweight of boxed beef cutout, choice buys.