Commodity ratio · live

Lean Hogs to Milk Ratio

The lean hogs to milk ratio is 4.850 Lean Hogs at $80.65 per Metric Ton divided by Milk at $16.63 per Hundredweight.

Prices as of Aug 24, 2026, 11:20 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Lean Hogs to Milk ratio

4.850-9.73% / 1Y

1.000 T of lean hogs = 4.850 Cwt of milk

Inverse (MILK/LHOGS): 0.2062 — one Hundredweight of milk buys that much lean hogs.

Below its 1 year average. (12th percentile of the last 1 year)

Lean Hogs

$80.65

per Metric Ton

Milk

$16.63

per Hundredweight

Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of lean hogs. Prices as of Mon, 24 Aug 2026 11:20:28 GMT.

1Y average

5.539

median 5.639

1Y low

4.496

Nov 26, 2025

1Y high

7.524

Jan 27, 2026

Normal band

5.069–6.008

mean ± 1 std dev

Deviation from mean

-1.47σ

202 observations

Lean Hogs to Milk ratio charts

Pick a range once — it applies to the LHOGS/MILK ratio line, the OHLC candles and the Lean Hogs / Milk price chart below.

LHOGS/MILK ratio line

How many Cwt of Milk one T of Lean Hogs buys, over 1Y.

LHOGS/MILK ratio candles

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

Lean Hogs and Milk 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 milk ratio

Lean Hogs to Milk ratio = Lean Hogs price per Metric Ton ÷ Milk price per Hundredweight

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

Worked example, live prices: $80.65 ÷ $16.63 = 4.850. The inverse is 0.2062.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the lean hogs to milk ratio today?

The lean hogs to milk ratio is 4.850 — Lean Hogs at $80.65 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.

How do you calculate the lean hogs to milk ratio?

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

What is the inverse of the lean hogs to milk ratio?

The inverse, milk to lean hogs, is 0.2062 — how many Metric Tons of lean hogs one Hundredweight of milk buys.

Lean Hogs to Milk Ratio — 4.850 Today | CommodityPriceAPI