Commodity ratio · live
Lumber Futures to Butter Ratio
The lumber futures to butter ratio is 0.1318 — Lumber Futures at $573.54 per Thousand Board Feet divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Butter ratio
1.000 Mbf of lumber futures = 0.1318 T of butter
Inverse (BUTTER/LB-FUT): 7.584 — one Metric Ton of butter buys that much lumber futures.
Close to the middle of its 1 year range. (45th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Thousand Board Feet ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:28:04 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1319
median 0.1340
1Y low
0.07926
Aug 31, 2025
1Y high
0.1681
Jul 23, 2026
Normal band
0.1117–0.1522
mean ± 1 std dev
Deviation from mean
-0.00σ
337 observations
Lumber Futures to Butter ratio charts
Pick a range once — it applies to the LB-FUT/BUTTER ratio line, the OHLC candles and the Lumber Futures / Butter price chart below.
LB-FUT/BUTTER ratio line
How many T of Butter one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/BUTTER ratio candles
Open, high, low and close of the LB-FUT/BUTTER ratio for each period in the last 1Y.
Lumber Futures and Butter prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lumber futures to butter ratio
Lumber Futures to Butter ratio = Lumber Futures price per Thousand Board Feet ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $4,350.00 = 0.1318. The inverse is 7.584.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the lumber futures to butter ratio today?
The lumber futures to butter ratio is 0.1318 — Lumber Futures at $573.54 per Thousand Board Feet divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the lumber futures to butter ratio?
Divide the lumber futures price per Thousand Board Feet by the butter 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 butter per Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to butter ratio?
The inverse, butter to lumber futures, is 7.584 — how many Thousand Board Feets of lumber futures one Metric Ton of butter buys.