Commodity ratio · live
Heating Oil Futures to Beef Ratio
The heating oil futures to beef ratio is 0.01115 — Heating Oil Futures at $4.36 per Gallan divided by Beef at $391.15 per Kilogram.
Prices as of Aug 24, 2026, 10:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Beef ratio
1.000 Gal of heating oil futures = 0.01115 kg of beef
Inverse (BEEF/HO-FUT): 89.71 — one Kilogram of beef buys that much heating oil futures.
Below its 1 year average. (23th percentile of the last 1 year)
Heating Oil Futures
$4.36
per Gallan
Beef
$391.15
per Kilogram
Unit basis: USD per Gallan ÷ USD per Kilogram. The ratio reads as Kilograms of beef per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 10:31:18 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
-0.22σ
13 observations
Heating Oil Futures to Beef ratio charts
Pick a range once — it applies to the HO-FUT/BEEF ratio line, the OHLC candles and the Heating Oil Futures / Beef price chart below.
HO-FUT/BEEF ratio line
How many kg of Beef one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/BEEF ratio candles
Open, high, low and close of the HO-FUT/BEEF ratio for each period in the last 1Y.
Heating Oil Futures and Beef 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 beef ratio
Heating Oil Futures to Beef ratio = Heating Oil Futures price per Gallan ÷ Beef price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of beef per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.36 ÷ $391.15 = 0.01115. The inverse is 89.71.
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 heating oil futures to beef ratio today?
The heating oil futures to beef ratio is 0.01115 — Heating Oil Futures at $4.36 per Gallan divided by Beef at $391.15 per Kilogram, from live mid-market prices.
How do you calculate the heating oil futures to beef ratio?
Divide the heating oil futures price per Gallan by the beef price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of beef per Gallan of heating oil futures.
What is the inverse of the heating oil futures to beef ratio?
The inverse, beef to heating oil futures, is 89.71 — how many Gallans of heating oil futures one Kilogram of beef buys.