Commodity ratio · live

Lean Hogs to Soybean Oil Ratio

The lean hogs to soybean oil ratio is 120.6 Lean Hogs at $81.80 per Metric Ton divided by Soybean Oil at $0.6785 per Pound.

Prices as of Aug 24, 2026, 12:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Lean Hogs to Soybean Oil ratio

120.6-30.91% / 1Y

1.000 T of lean hogs = 120.560 Lb of soybean oil

Inverse (ZL/LHOGS): 0.008295 — one Pound of soybean oil 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

Soybean Oil

¢0.6785

per Pound

Unit basis: USD per Metric Ton ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Metric Ton of lean hogs. Prices as of Mon, 24 Aug 2026 12:12:03 GMT.

1Y average

153.4

median 152.7

1Y low

110.8

Mar 9, 2026

1Y high

229.9

Dec 19, 2025

Normal band

132.7–174.0

mean ± 1 std dev

Deviation from mean

-1.58σ

201 observations

Lean Hogs to Soybean Oil ratio charts

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

LHOGS/ZL ratio line

How many Lb of Soybean Oil one T of Lean Hogs buys, over 1Y.

LHOGS/ZL ratio candles

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

Lean Hogs and Soybean Oil 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 oil ratio

Lean Hogs to Soybean Oil ratio = Lean Hogs price per Metric Ton ÷ Soybean Oil price per Pound

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

Worked example, live prices: $81.80 ÷ $0.6785 = 120.6. The inverse is 0.008295.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the lean hogs to soybean oil ratio today?

The lean hogs to soybean oil ratio is 120.6 — Lean Hogs at $81.80 per Metric Ton divided by Soybean Oil at $0.6785 per Pound, from live mid-market prices.

How do you calculate the lean hogs to soybean oil ratio?

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

What is the inverse of the lean hogs to soybean oil ratio?

The inverse, soybean oil to lean hogs, is 0.008295 — how many Metric Tons of lean hogs one Pound of soybean oil buys.

Lean Hogs to Soybean Oil Ratio — 120.6 Today | CommodityPriceAPI