Commodity ratio · live

Lean Hogs to Pork Belly Ratio

The lean hogs to pork belly ratio is 0.6754 Lean Hogs at $82.30 per Metric Ton divided by Pork Belly at $121.85 per Hundredweight.

Prices as of Sep 5, 2026, 3:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton
LHOGS · USD per Metric Ton
PORK-BELLY · USD per Hundredweight

Lean Hogs to Pork Belly ratio

0.6754+12.35% / 1Y

1.000 T of lean hogs = 0.6754 cwt of pork belly

Inverse (PORK-BELLY/LHOGS): 1.481 — one Hundredweight of pork belly buys that much lean hogs.

Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)

Lean Hogs

$82.30

per Metric Ton

Pork Belly

$121.85

per Hundredweight

Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of pork belly per Metric Ton of lean hogs. Prices as of Sat, 05 Sep 2026 03:33:59 GMT.

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

1Y average

0.5579

median 0.5441

1Y low

0.4940

Sep 1, 2026

1Y high

0.8472

Sep 3, 2026

Normal band

0.5123–0.6036

mean ± 1 std dev

Deviation from mean

+2.57σ

18 observations

Lean Hogs to Pork Belly ratio charts

Pick a range once — it applies to the LHOGS/PORK-BELLY ratio line, the OHLC candles and the Lean Hogs / Pork Belly price chart below.

LHOGS/PORK-BELLY ratio line

How many cwt of Pork Belly one T of Lean Hogs buys, over 1Y.

LHOGS/PORK-BELLY ratio candles

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

Lean Hogs and Pork Belly 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 pork belly ratio

Lean Hogs to Pork Belly ratio = Lean Hogs price per Metric Ton ÷ Pork Belly price per Hundredweight

The two legs use different units, so the result is a rate — Hundredweights of pork belly per Metric Ton of lean hogs — rather than a plain count.

Worked example, live prices: $82.30 ÷ $121.85 = 0.6754. The inverse is 1.481.

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 pork belly ratio today?

The lean hogs to pork belly ratio is 0.6754 — Lean Hogs at $82.30 per Metric Ton divided by Pork Belly at $121.85 per Hundredweight, from live mid-market prices.

How do you calculate the lean hogs to pork belly ratio?

Divide the lean hogs price per Metric Ton by the pork belly price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of pork belly per Metric Ton of lean hogs.

What is the inverse of the lean hogs to pork belly ratio?

The inverse, pork belly to lean hogs, is 1.481 — how many Metric Tons of lean hogs one Hundredweight of pork belly buys.