Commodity ratio · live
Lean Hogs to Cobalt Ratio
The lean hogs to cobalt ratio is 0.001453 — Lean Hogs at $81.80 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lean Hogs to Cobalt ratio
1.000 T of lean hogs = 0.001453 T of cobalt
Inverse (COB/LHOGS): 688.1 — one Metric Ton of cobalt buys that much lean hogs.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Lean Hogs
$81.80
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of lean hogs. Prices as of Mon, 24 Aug 2026 12:11:15 GMT.
1Y average
0.001806
median 0.001665
1Y low
0.001375
Jan 7, 2026
1Y high
0.003300
Aug 26, 2025
Normal band
0.001400–0.002213
mean ± 1 std dev
Deviation from mean
-0.87σ
202 observations
Lean Hogs to Cobalt ratio charts
Pick a range once — it applies to the LHOGS/COB ratio line, the OHLC candles and the Lean Hogs / Cobalt price chart below.
LHOGS/COB ratio line
How many T of Cobalt one T of Lean Hogs buys, over 1Y.
LHOGS/COB ratio candles
Open, high, low and close of the LHOGS/COB ratio for each period in the last 1Y.
Lean Hogs and Cobalt 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 cobalt ratio
Lean Hogs to Cobalt ratio = Lean Hogs price per Metric Ton ÷ Cobalt 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: $81.80 ÷ $56,290.00 = 0.001453. The inverse is 688.1.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the lean hogs to cobalt ratio today?
The lean hogs to cobalt ratio is 0.001453 — Lean Hogs at $81.80 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the lean hogs to cobalt ratio?
Divide the lean hogs price per Metric Ton by the cobalt 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 cobalt per Metric Ton of lean hogs.
What is the inverse of the lean hogs to cobalt ratio?
The inverse, cobalt to lean hogs, is 688.1 — how many Metric Tons of lean hogs one Metric Ton of cobalt buys.