Commodity ratio · live
Lean Hogs to Wheat Futures Ratio
The lean hogs to wheat futures ratio is 0.1179 — Lean Hogs at $81.80 per Metric Ton divided by Wheat Futures at $693.86 per Ounce.
Prices as of Aug 24, 2026, 12:21 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lean Hogs to Wheat Futures ratio
1.000 T of lean hogs = 0.1179 Oz of wheat futures
Inverse (ZW-FUT/LHOGS): 8.482 — one Ounce of wheat futures buys that much lean hogs.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Lean Hogs
$81.80
per Metric Ton
Wheat Futures
$693.86
per Ounce
Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of lean hogs. Prices as of Mon, 24 Aug 2026 12:21:49 GMT.
1Y average
0.1593
median 0.1574
1Y low
0.1164
Aug 20, 2026
1Y high
0.2231
Sep 10, 2025
Normal band
0.1451–0.1735
mean ± 1 std dev
Deviation from mean
-2.91σ
195 observations
Lean Hogs to Wheat Futures ratio charts
Pick a range once — it applies to the LHOGS/ZW-FUT ratio line, the OHLC candles and the Lean Hogs / Wheat Futures price chart below.
LHOGS/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Lean Hogs buys, over 1Y.
LHOGS/ZW-FUT ratio candles
Open, high, low and close of the LHOGS/ZW-FUT ratio for each period in the last 1Y.
Lean Hogs and Wheat Futures 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 wheat futures ratio
Lean Hogs to Wheat Futures ratio = Lean Hogs price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of lean hogs — rather than a plain count.
Worked example, live prices: $81.80 ÷ $693.86 = 0.1179. The inverse is 8.482.
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 wheat futures ratio today?
The lean hogs to wheat futures ratio is 0.1179 — Lean Hogs at $81.80 per Metric Ton divided by Wheat Futures at $693.86 per Ounce, from live mid-market prices.
How do you calculate the lean hogs to wheat futures ratio?
Divide the lean hogs price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of lean hogs.
What is the inverse of the lean hogs to wheat futures ratio?
The inverse, wheat futures to lean hogs, is 8.482 — how many Metric Tons of lean hogs one Ounce of wheat futures buys.