Commodity ratio · live

Chicken Leg Quarters to Lumber Futures Ratio

The chicken leg quarters to lumber futures ratio is 0.0009582 Chicken Leg Quarters at $0.5500 per Pound divided by Lumber Futures at $574.00 per Thousand Board Feet.

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

Pound

Chicken Leg Quarters to Lumber Futures ratio

0.0009582+3.16% / 1Y

1.000 lb of chicken leg quarters = 0.0009582 Mbf of lumber futures

Inverse (LB-FUT/LEGQTR-US): 1044 — one Thousand Board Feet of lumber futures buys that much chicken leg quarters.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

Chicken Leg Quarters

$0.5500

per Pound

Lumber Futures

$574.00

per Thousand Board Feet

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

1Y average

0.0009137

median 0.0009288

1Y low

0.0008615

Jul 27, 2026

1Y high

0.0009549

Aug 10, 2026

Normal band

0.0008851–0.0009423

mean ± 1 std dev

Deviation from mean

+1.55σ

5 observations

Chicken Leg Quarters to Lumber Futures ratio charts

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

LEGQTR-US/LB-FUT ratio line

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

LEGQTR-US/LB-FUT ratio candles

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

Chicken Leg Quarters and Lumber Futures prices

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

How to calculate the chicken leg quarters to lumber futures ratio

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

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

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

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 chicken leg quarters to lumber futures ratio today?

The chicken leg quarters to lumber futures ratio is 0.0009582 — Chicken Leg Quarters at $0.5500 per Pound divided by Lumber Futures at $574.00 per Thousand Board Feet, from live mid-market prices.

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

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

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

The inverse, lumber futures to chicken leg quarters, is 1044 — how many Pounds of chicken leg quarters one Thousand Board Feet of lumber futures buys.

Chicken Leg Quarters to Lumber Futures Ratio — 0.0009582 Today | CommodityPriceAPI