Commodity ratio · live
Lumber Futures to Canola Ratio
The lumber futures to canola ratio is 0.7278 — Lumber Futures at $573.54 per Thousand Board Feet divided by Canola at $788.02 per Metric Ton.
Prices as of Aug 24, 2026, 12:19 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Canola ratio
1.000 Mbf of lumber futures = 0.7278 T of canola
Inverse (CANOLA/LB-FUT): 1.374 — one Metric Ton of canola buys that much lumber futures.
Near the bottom of its 1 year range — historically compressed. (4th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Canola
CA$788.02
per Metric Ton
Unit basis: USD per Thousand Board Feet ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 12:19:53 GMT.
These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.8466
median 0.8347
1Y low
0.6742
Aug 16, 2026
1Y high
1.044
Oct 12, 2025
Normal band
0.7754–0.9177
mean ± 1 std dev
Deviation from mean
-1.67σ
338 observations
Lumber Futures to Canola ratio charts
Pick a range once — it applies to the LB-FUT/CANOLA ratio line, the OHLC candles and the Lumber Futures / Canola price chart below.
LB-FUT/CANOLA ratio line
How many T of Canola one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/CANOLA ratio candles
Open, high, low and close of the LB-FUT/CANOLA ratio for each period in the last 1Y.
Lumber Futures and Canola 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 canola ratio
Lumber Futures to Canola ratio = Lumber Futures price per Thousand Board Feet ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $788.02 = 0.7278. The inverse is 1.374.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the lumber futures to canola ratio today?
The lumber futures to canola ratio is 0.7278 — Lumber Futures at $573.54 per Thousand Board Feet divided by Canola at $788.02 per Metric Ton, from live mid-market prices.
How do you calculate the lumber futures to canola ratio?
Divide the lumber futures price per Thousand Board Feet by the canola 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 canola per Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to canola ratio?
The inverse, canola to lumber futures, is 1.374 — how many Thousand Board Feets of lumber futures one Metric Ton of canola buys.