Commodity ratio · live

Lumber Futures to Chicken Leg Quarters Ratio

The lumber futures to chicken leg quarters ratio is 1044 Lumber Futures at $574.00 per Thousand Board Feet divided by Chicken Leg Quarters at $0.5500 per Pound.

Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Thousand Board Feet

Lumber Futures to Chicken Leg Quarters ratio

1044-3.07% / 1Y

1.000 Mbf of lumber futures = 1,043.6 lb of chicken leg quarters

Inverse (LEGQTR-US/LB-FUT): 0.0009582 — one Pound of chicken leg quarters buys that much lumber futures.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Lumber Futures

$574.00

per Thousand Board Feet

Chicken Leg Quarters

$0.5500

per Pound

Unit basis: USD per Thousand Board Feet ÷ USD per Pound. The ratio reads as Pounds of chicken leg quarters per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 10:34:42 GMT.

1Y average

1096

median 1077

1Y low

1047

Aug 10, 2026

1Y high

1161

Jul 27, 2026

Normal band

1061–1131

mean ± 1 std dev

Deviation from mean

-1.48σ

5 observations

Lumber Futures to Chicken Leg Quarters ratio charts

Pick a range once — it applies to the LB-FUT/LEGQTR-US ratio line, the OHLC candles and the Lumber Futures / Chicken Leg Quarters price chart below.

LB-FUT/LEGQTR-US ratio line

How many lb of Chicken Leg Quarters one Mbf of Lumber Futures buys, over 1Y.

LB-FUT/LEGQTR-US ratio candles

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

Lumber Futures and Chicken Leg Quarters 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 chicken leg quarters ratio

Lumber Futures to Chicken Leg Quarters ratio = Lumber Futures price per Thousand Board Feet ÷ Chicken Leg Quarters price per Pound

The two legs use different units, so the result is a rate — Pounds of chicken leg quarters per Thousand Board Feet of lumber futures — rather than a plain count.

Worked example, live prices: $574.00 ÷ $0.5500 = 1044. The inverse is 0.0009582.

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 lumber futures to chicken leg quarters ratio today?

The lumber futures to chicken leg quarters ratio is 1044 — Lumber Futures at $574.00 per Thousand Board Feet divided by Chicken Leg Quarters at $0.5500 per Pound, from live mid-market prices.

How do you calculate the lumber futures to chicken leg quarters ratio?

Divide the lumber futures price per Thousand Board Feet by the chicken leg quarters price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of chicken leg quarters per Thousand Board Feet of lumber futures.

What is the inverse of the lumber futures to chicken leg quarters ratio?

The inverse, chicken leg quarters to lumber futures, is 0.0009582 — how many Thousand Board Feets of lumber futures one Pound of chicken leg quarters buys.

Lumber Futures to Chicken Leg Quarters Ratio — 1044 Today | CommodityPriceAPI