Commodity ratio · live
Milk to Lean Hogs Ratio
The milk to lean hogs ratio is 0.2033 — Milk at $16.63 per Hundredweight divided by Lean Hogs at $81.80 per Metric Ton.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Lean Hogs ratio
1.000 Cwt of milk = 0.2033 T of lean hogs
Inverse (LHOGS/MILK): 4.919 — one Metric Ton of lean hogs buys that much milk.
Above its 1 year average. (84th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Lean Hogs
$81.80
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of lean hogs per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:34:22 GMT.
1Y average
0.1819
median 0.1773
1Y low
0.1329
Jan 27, 2026
1Y high
0.2224
Nov 26, 2025
Normal band
0.1658–0.1981
mean ± 1 std dev
Deviation from mean
+1.32σ
202 observations
Milk to Lean Hogs ratio charts
Pick a range once — it applies to the MILK/LHOGS ratio line, the OHLC candles and the Milk / Lean Hogs price chart below.
MILK/LHOGS ratio line
How many T of Lean Hogs one Cwt of Milk buys, over 1Y.
MILK/LHOGS ratio candles
Open, high, low and close of the MILK/LHOGS ratio for each period in the last 1Y.
Milk and Lean Hogs prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the milk to lean hogs ratio
Milk to Lean Hogs ratio = Milk price per Hundredweight ÷ Lean Hogs price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lean hogs per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $81.80 = 0.2033. The inverse is 4.919.
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 milk to lean hogs ratio today?
The milk to lean hogs ratio is 0.2033 — Milk at $16.63 per Hundredweight divided by Lean Hogs at $81.80 per Metric Ton, from live mid-market prices.
How do you calculate the milk to lean hogs ratio?
Divide the milk price per Hundredweight by the lean hogs 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 lean hogs per Hundredweight of milk.
What is the inverse of the milk to lean hogs ratio?
The inverse, lean hogs to milk, is 4.919 — how many Hundredweights of milk one Metric Ton of lean hogs buys.