Commodity ratio · live
Lean Hogs to Butter Ratio
The lean hogs to butter ratio is 0.01880 — Lean Hogs at $81.80 per Metric Ton divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lean Hogs to Butter ratio
1.000 T of lean hogs = 0.01880 T of butter
Inverse (BUTTER/LHOGS): 53.18 — one Metric Ton of butter buys that much lean hogs.
Below its 1 year average. (29th percentile of the last 1 year)
Lean Hogs
$81.80
per Metric Ton
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Metric Ton of lean hogs. Prices as of Mon, 24 Aug 2026 11:21:01 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.02034
median 0.02040
1Y low
0.01319
Aug 26, 2025
1Y high
0.02785
Dec 3, 2025
Normal band
0.01716–0.02351
mean ± 1 std dev
Deviation from mean
-0.48σ
202 observations
Lean Hogs to Butter ratio charts
Pick a range once — it applies to the LHOGS/BUTTER ratio line, the OHLC candles and the Lean Hogs / Butter price chart below.
LHOGS/BUTTER ratio line
How many T of Butter one T of Lean Hogs buys, over 1Y.
LHOGS/BUTTER ratio candles
Open, high, low and close of the LHOGS/BUTTER ratio for each period in the last 1Y.
Lean Hogs and Butter 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 butter ratio
Lean Hogs to Butter ratio = Lean Hogs price per Metric Ton ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Metric Ton of lean hogs — rather than a plain count.
Worked example, live prices: $81.80 ÷ $4,350.00 = 0.01880. The inverse is 53.18.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the lean hogs to butter ratio today?
The lean hogs to butter ratio is 0.01880 — Lean Hogs at $81.80 per Metric Ton divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the lean hogs to butter ratio?
Divide the lean hogs price per Metric Ton by the butter 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 butter per Metric Ton of lean hogs.
What is the inverse of the lean hogs to butter ratio?
The inverse, butter to lean hogs, is 53.18 — how many Metric Tons of lean hogs one Metric Ton of butter buys.