Commodity ratio · live

Heating Oil Futures to Cattle Ratio

The heating oil futures to cattle ratio is 1.946 Heating Oil Futures at $4.39 per Gallan divided by Cattle at $2.26 per Pound.

Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallan

Heating Oil Futures to Cattle ratio

1.946+92.21% / 1Y

1.000 Gal of heating oil futures = 1.946 lbs of cattle

Inverse (LC1/HO-FUT): 0.5140 — one Pound of cattle buys that much heating oil futures.

Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)

Heating Oil Futures

$4.39

per Gallan

Cattle

¢2.26

per Pound

Unit basis: USD per Gallan ÷ US Cent per Pound. The ratio reads as Pounds of cattle per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:32:39 GMT.

1Y average

1.310

median 1.225

1Y low

0.8307

Jan 7, 2026

1Y high

2.072

Aug 21, 2026

Normal band

0.9758–1.644

mean ± 1 std dev

Deviation from mean

+1.90σ

194 observations

Heating Oil Futures to Cattle ratio charts

Pick a range once — it applies to the HO-FUT/LC1 ratio line, the OHLC candles and the Heating Oil Futures / Cattle price chart below.

HO-FUT/LC1 ratio line

How many lbs of Cattle one Gal of Heating Oil Futures buys, over 1Y.

HO-FUT/LC1 ratio candles

Open, high, low and close of the HO-FUT/LC1 ratio for each period in the last 1Y.

Heating Oil Futures and Cattle 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 cattle ratio

Heating Oil Futures to Cattle ratio = Heating Oil Futures price per Gallan ÷ Cattle price per Pound

The two legs use different units, so the result is a rate — Pounds of cattle per Gallan of heating oil futures — rather than a plain count.

Worked example, live prices: $4.39 ÷ $2.26 = 1.946. The inverse is 0.5140.

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 heating oil futures to cattle ratio today?

The heating oil futures to cattle ratio is 1.946 — Heating Oil Futures at $4.39 per Gallan divided by Cattle at $2.26 per Pound, from live mid-market prices.

How do you calculate the heating oil futures to cattle ratio?

Divide the heating oil futures price per Gallan by the cattle price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cattle per Gallan of heating oil futures.

What is the inverse of the heating oil futures to cattle ratio?

The inverse, cattle to heating oil futures, is 0.5140 — how many Gallans of heating oil futures one Pound of cattle buys.

Heating Oil Futures to Cattle Ratio — 1.946 Today | CommodityPriceAPI