Commodity ratio · live
Heating Oil Futures to Lean Hogs Ratio
The heating oil futures to lean hogs ratio is 0.05330 — Heating Oil Futures at $4.36 per Gallan divided by Lean Hogs at $81.80 per Metric Ton.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Lean Hogs ratio
1.000 Gal of heating oil futures = 0.05330 T of lean hogs
Inverse (LHOGS/HO-FUT): 18.76 — one Metric Ton of lean hogs buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Heating Oil Futures
$4.36
per Gallan
Lean Hogs
$81.80
per Metric Ton
Unit basis: USD per Gallan ÷ USD per Metric Ton. The ratio reads as Metric Tons of lean hogs per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 10:33:29 GMT.
1Y average
0.03420
median 0.03312
1Y low
0.01864
Jan 7, 2026
1Y high
0.05689
Aug 21, 2026
Normal band
0.02595–0.04244
mean ± 1 std dev
Deviation from mean
+2.32σ
195 observations
Heating Oil Futures to Lean Hogs ratio charts
Pick a range once — it applies to the HO-FUT/LHOGS ratio line, the OHLC candles and the Heating Oil Futures / Lean Hogs price chart below.
HO-FUT/LHOGS ratio line
How many T of Lean Hogs one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/LHOGS ratio candles
Open, high, low and close of the HO-FUT/LHOGS ratio for each period in the last 1Y.
Heating Oil Futures and Lean Hogs 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 lean hogs ratio
Heating Oil Futures to Lean Hogs ratio = Heating Oil Futures price per Gallan ÷ Lean Hogs price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lean hogs per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.36 ÷ $81.80 = 0.05330. The inverse is 18.76.
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 lean hogs ratio today?
The heating oil futures to lean hogs ratio is 0.05330 — Heating Oil Futures at $4.36 per Gallan divided by Lean Hogs at $81.80 per Metric Ton, from live mid-market prices.
How do you calculate the heating oil futures to lean hogs ratio?
Divide the heating oil futures price per Gallan by the lean hogs price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of lean hogs per Gallan of heating oil futures.
What is the inverse of the heating oil futures to lean hogs ratio?
The inverse, lean hogs to heating oil futures, is 18.76 — how many Gallans of heating oil futures one Metric Ton of lean hogs buys.