Commodity ratio · live
Lumber Futures to Lead Futures Ratio
The lumber futures to lead futures ratio is 0.3002 — Lumber Futures at $573.54 per Thousand Board Feet divided by Lead Futures at $1,910.63 per Metric Ton.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Lead Futures ratio
1.000 Mbf of lumber futures = 0.3002 T of lead futures
Inverse (LEAD-FUT/LB-FUT): 3.331 — one Metric Ton of lead futures buys that much lumber futures.
Close to the middle of its 1 year range. (59th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Lead Futures
$1,910.63
per Metric Ton
Unit basis: USD per Thousand Board Feet ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:32:48 GMT.
1Y average
0.2973
median 0.2968
1Y low
0.2366
Nov 9, 2025
1Y high
0.3509
Jul 23, 2026
Normal band
0.2769–0.3177
mean ± 1 std dev
Deviation from mean
+0.14σ
325 observations
Lumber Futures to Lead Futures ratio charts
Pick a range once — it applies to the LB-FUT/LEAD-FUT ratio line, the OHLC candles and the Lumber Futures / Lead Futures price chart below.
LB-FUT/LEAD-FUT ratio line
How many T of Lead Futures one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/LEAD-FUT ratio candles
Open, high, low and close of the LB-FUT/LEAD-FUT ratio for each period in the last 1Y.
Lumber Futures 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 lumber futures to lead futures ratio
Lumber Futures to Lead Futures ratio = Lumber Futures price per Thousand Board Feet ÷ Lead Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lead futures per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $1,910.63 = 0.3002. The inverse is 3.331.
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 lead futures ratio today?
The lumber futures to lead futures ratio is 0.3002 — Lumber Futures at $573.54 per Thousand Board Feet divided by Lead Futures at $1,910.63 per Metric Ton, from live mid-market prices.
How do you calculate the lumber futures to lead futures ratio?
Divide the lumber futures price per Thousand Board Feet 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 Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to lead futures ratio?
The inverse, lead futures to lumber futures, is 3.331 — how many Thousand Board Feets of lumber futures one Metric Ton of lead futures buys.