Commodity ratio · live

Lamb to Lead Futures Ratio

The lamb to lead futures ratio is 0.3542 Lamb at $676.41 per Kilogram divided by Lead Futures at $1,909.88 per Metric Ton.

Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Lamb to Lead Futures ratio

0.3542-0.48% / 1Y

1.000 kg of lamb = 0.3542 T of lead futures

Inverse (LEAD-FUT/LAMB): 2.824 — one Metric Ton of lead futures buys that much lamb.

Near the bottom of its 1 year range — historically compressed. (8th percentile of the last 1 year)

Lamb

$676.41

per Kilogram

Lead Futures

$1,909.88

per Metric Ton

Unit basis: USD per Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 10:29:25 GMT.

1Y average

0.3562

median 0.3563

1Y low

0.3532

Aug 20, 2026

1Y high

0.3609

Aug 18, 2026

Normal band

0.3547–0.3578

mean ± 1 std dev

Deviation from mean

-1.33σ

13 observations

Lamb to Lead Futures ratio charts

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

LAMB/LEAD-FUT ratio line

How many T of Lead Futures one kg of Lamb buys, over 1Y.

LAMB/LEAD-FUT ratio candles

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

Lamb and Lead 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 lead futures ratio

Lamb to Lead Futures ratio = Lamb price per Kilogram ÷ Lead Futures price per Metric Ton

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

Worked example, live prices: $676.41 ÷ $1,909.88 = 0.3542. The inverse is 2.824.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the lamb to lead futures ratio today?

The lamb to lead futures ratio is 0.3542 — Lamb at $676.41 per Kilogram divided by Lead Futures at $1,909.88 per Metric Ton, from live mid-market prices.

How do you calculate the lamb to lead futures ratio?

Divide the lamb price per Kilogram by the lead futures 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 lead futures per Kilogram of lamb.

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

The inverse, lead futures to lamb, is 2.824 — how many Kilograms of lamb one Metric Ton of lead futures buys.

Lamb to Lead Futures Ratio — 0.3542 Today | CommodityPriceAPI