Commodity ratio · live

Lamb to Copper Futures Ratio

The lamb to copper futures ratio is 102.8 Lamb at $676.41 per Kilogram divided by Copper Futures at $6.58 per Pound.

Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Lamb to Copper Futures ratio

102.8+2.20% / 1Y

1.000 kg of lamb = 102.798 Lb of copper futures

Inverse (HG-FUT/LAMB): 0.009728 — one Pound of copper futures buys that much lamb.

Close to the middle of its 1 year range. (38th percentile of the last 1 year)

Lamb

$676.41

per Kilogram

Copper Futures

$6.58

per Pound

Unit basis: USD per Kilogram ÷ USD per Pound. The ratio reads as Pounds of copper futures per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 11:23:10 GMT.

1Y average

102.8

median 103.1

1Y low

99.91

Aug 6, 2026

1Y high

105.7

Aug 18, 2026

Normal band

101.5–104.2

mean ± 1 std dev

Deviation from mean

-0.03σ

13 observations

Lamb to Copper Futures ratio charts

Pick a range once — it applies to the LAMB/HG-FUT ratio line, the OHLC candles and the Lamb / Copper Futures price chart below.

LAMB/HG-FUT ratio line

How many Lb of Copper Futures one kg of Lamb buys, over 1Y.

LAMB/HG-FUT ratio candles

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

Lamb and Copper Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the lamb to copper futures ratio

Lamb to Copper Futures ratio = Lamb price per Kilogram ÷ Copper Futures price per Pound

The two legs use different units, so the result is a rate — Pounds of copper futures per Kilogram of lamb — rather than a plain count.

Worked example, live prices: $676.41 ÷ $6.58 = 102.8. The inverse is 0.009728.

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 lamb to copper futures ratio today?

The lamb to copper futures ratio is 102.8 — Lamb at $676.41 per Kilogram divided by Copper Futures at $6.58 per Pound, from live mid-market prices.

How do you calculate the lamb to copper futures ratio?

Divide the lamb price per Kilogram by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Kilogram of lamb.

What is the inverse of the lamb to copper futures ratio?

The inverse, copper futures to lamb, is 0.009728 — how many Kilograms of lamb one Pound of copper futures buys.