Commodity ratio · live

Lamb to Natural Gas Futures Ratio

The lamb to natural gas futures ratio is 244.2 Lamb at $676.41 per Kilogram divided by Natural Gas Futures at $2.77 per Million British Thermal Units.

Prices as of Aug 24, 2026, 11:04 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Lamb to Natural Gas Futures ratio

244.2-2.74% / 1Y

1.000 kg of lamb = 244.191 MMBtu of natural gas futures

Inverse (NG-FUT/LAMB): 0.004095 — one Million British Thermal Units of natural gas 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

Natural Gas Futures

$2.77

per Million British Thermal Units

Unit basis: USD per Kilogram ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 11:04:09 GMT.

1Y average

246.1

median 245.6

1Y low

235.7

Aug 18, 2026

1Y high

257.0

Aug 6, 2026

Normal band

240.9–251.4

mean ± 1 std dev

Deviation from mean

-0.37σ

13 observations

Lamb to Natural Gas Futures ratio charts

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

LAMB/NG-FUT ratio line

How many MMBtu of Natural Gas Futures one kg of Lamb buys, over 1Y.

LAMB/NG-FUT ratio candles

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

Lamb and Natural Gas 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 natural gas futures ratio

Lamb to Natural Gas Futures ratio = Lamb price per Kilogram ÷ Natural Gas Futures price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Kilogram of lamb — rather than a plain count.

Worked example, live prices: $676.41 ÷ $2.77 = 244.2. The inverse is 0.004095.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the lamb to natural gas futures ratio today?

The lamb to natural gas futures ratio is 244.2 — Lamb at $676.41 per Kilogram divided by Natural Gas Futures at $2.77 per Million British Thermal Units, from live mid-market prices.

How do you calculate the lamb to natural gas futures ratio?

Divide the lamb price per Kilogram by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Kilogram of lamb.

What is the inverse of the lamb to natural gas futures ratio?

The inverse, natural gas futures to lamb, is 0.004095 — how many Kilograms of lamb one Million British Thermal Units of natural gas futures buys.