Commodity ratio · live

Lean Hogs to Hot-Rolled Coil Steel Ratio

The lean hogs to hot-rolled coil steel ratio is 0.06644 Lean Hogs at $82.25 per Metric Ton divided by Hot-Rolled Coil Steel at $1,238.00 per Metric Ton.

Prices as of Sep 5, 2026, 11:14 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton
LHOGS · USD per Metric Ton
HRC-STEEL · USD per Metric Ton

Lean Hogs to Hot-Rolled Coil Steel ratio

0.06644-44.57% / 1Y

1.000 T of lean hogs = 0.06644 T of hot-rolled coil steel

Inverse (HRC-STEEL/LHOGS): 15.05 — one Metric Ton of hot-rolled coil steel buys that much lean hogs.

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

Lean Hogs

$82.25

per Metric Ton

Hot-Rolled Coil Steel

$1,238.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Metric Ton of lean hogs. Prices as of Sat, 05 Sep 2026 11:14:16 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

0.09047

median 0.08912

1Y low

0.06441

Sep 4, 2026

1Y high

0.1382

Sep 12, 2025

Normal band

0.07747–0.1035

mean ± 1 std dev

Deviation from mean

-1.85σ

204 observations

Lean Hogs to Hot-Rolled Coil Steel ratio charts

Pick a range once — it applies to the LHOGS/HRC-STEEL ratio line, the OHLC candles and the Lean Hogs / Hot-Rolled Coil Steel price chart below.

LHOGS/HRC-STEEL ratio line

How many T of Hot-Rolled Coil Steel one T of Lean Hogs buys, over 1Y.

LHOGS/HRC-STEEL ratio candles

Open, high, low and close of the LHOGS/HRC-STEEL ratio for each period in the last 1Y.

Lean Hogs and Hot-Rolled Coil Steel prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the lean hogs to hot-rolled coil steel ratio

Lean Hogs to Hot-Rolled Coil Steel ratio = Lean Hogs price per Metric Ton ÷ Hot-Rolled Coil Steel price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $82.25 ÷ $1,238.00 = 0.06644. The inverse is 15.05.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4430.58
2XAGSilver66.24
3WTIOIL-FUTCrude Oil WTI Futures91.48
4BRENTOIL-FUTCrude Oil Brent Futures96.28
5NG-FUTNatural Gas Futures2.98
6PLPlatinum1824.38
7PAPalladium1398.80

Frequently asked questions

What is the lean hogs to hot-rolled coil steel ratio today?

The lean hogs to hot-rolled coil steel ratio is 0.06644 — Lean Hogs at $82.25 per Metric Ton divided by Hot-Rolled Coil Steel at $1,238.00 per Metric Ton, from live mid-market prices.

How do you calculate the lean hogs to hot-rolled coil steel ratio?

Divide the lean hogs price per Metric Ton by the hot-rolled coil steel 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 hot-rolled coil steel per Metric Ton of lean hogs.

What is the inverse of the lean hogs to hot-rolled coil steel ratio?

The inverse, hot-rolled coil steel to lean hogs, is 15.05 — how many Metric Tons of lean hogs one Metric Ton of hot-rolled coil steel buys.

Lean Hogs to Hot-Rolled Coil Steel Ratio — 0.06644 Today | CommodityPriceAPI