Commodity ratio · live
Lean Hogs to Soybean Meal Ratio
The lean hogs to soybean meal ratio is 0.2360 — Lean Hogs at $83.65 per Metric Ton divided by Soybean Meal at $354.44 per Bushel.
Prices as of Sep 4, 2026, 12:54 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lean Hogs to Soybean Meal ratio
1.000 T of lean hogs = 0.2360 Bu of soybean meal
Inverse (ZM/LHOGS): 4.237 — one Bushel of soybean meal buys that much lean hogs.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Lean Hogs
$83.65
per Metric Ton
Soybean Meal
$354.44
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of lean hogs. Prices as of Fri, 04 Sep 2026 12:54:56 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
0.2916
median 0.2923
1Y low
0.2227
Sep 4, 2026
1Y high
0.4038
Oct 1, 2025
Normal band
0.2628–0.3204
mean ± 1 std dev
Deviation from mean
-1.93σ
203 observations
Lean Hogs to Soybean Meal ratio charts
Pick a range once — it applies to the LHOGS/ZM ratio line, the OHLC candles and the Lean Hogs / Soybean Meal price chart below.
LHOGS/ZM ratio line
How many Bu of Soybean Meal one T of Lean Hogs buys, over 1Y.
LHOGS/ZM ratio candles
Open, high, low and close of the LHOGS/ZM ratio for each period in the last 1Y.
Lean Hogs and Soybean Meal 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 soybean meal ratio
Lean Hogs to Soybean Meal ratio = Lean Hogs price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of lean hogs — rather than a plain count.
Worked example, live prices: $83.65 ÷ $354.44 = 0.2360. The inverse is 4.237.
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 | 4430.58 |
| 2 | XAG | Silver | 66.24 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 91.48 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 96.28 |
| 5 | NG-FUT | Natural Gas Futures | 2.98 |
| 6 | PL | Platinum | 1824.38 |
| 7 | PA | Palladium | 1398.80 |
Frequently asked questions
What is the lean hogs to soybean meal ratio today?
The lean hogs to soybean meal ratio is 0.2360 — Lean Hogs at $83.65 per Metric Ton divided by Soybean Meal at $354.44 per Bushel, from live mid-market prices.
How do you calculate the lean hogs to soybean meal ratio?
Divide the lean hogs price per Metric Ton by the soybean meal price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybean meal per Metric Ton of lean hogs.
What is the inverse of the lean hogs to soybean meal ratio?
The inverse, soybean meal to lean hogs, is 4.237 — how many Metric Tons of lean hogs one Bushel of soybean meal buys.