Commodity ratio · live
Natural Gas Futures to Lamb Ratio
The natural gas futures to lamb ratio is 0.004169 — Natural Gas Futures at $2.82 per Million British Thermal Units divided by Lamb at $676.41 per Kilogram.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas Futures to Lamb ratio
1.000 MMBtu of natural gas futures = 0.004169 kg of lamb
Inverse (LAMB/NG-FUT): 239.9 — one Kilogram of lamb buys that much natural gas futures.
Near the top of its 1 year range — historically stretched. (92th percentile of the last 1 year)
Natural Gas Futures
$2.82
per Million British Thermal Units
Lamb
$676.41
per Kilogram
Unit basis: USD per Million British Thermal Units ÷ USD per Kilogram. The ratio reads as Kilograms of lamb per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 12:14:39 GMT.
1Y average
0.004064
median 0.004071
1Y low
0.003891
Aug 6, 2026
1Y high
0.004243
Aug 18, 2026
Normal band
0.003978–0.004151
mean ± 1 std dev
Deviation from mean
+1.21σ
13 observations
Natural Gas Futures to Lamb ratio charts
Pick a range once — it applies to the NG-FUT/LAMB ratio line, the OHLC candles and the Natural Gas Futures / Lamb price chart below.
NG-FUT/LAMB ratio line
How many kg of Lamb one MMBtu of Natural Gas Futures buys, over 1Y.
NG-FUT/LAMB ratio candles
Open, high, low and close of the NG-FUT/LAMB ratio for each period in the last 1Y.
Natural Gas Futures and Lamb prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the natural gas futures to lamb ratio
Natural Gas Futures to Lamb ratio = Natural Gas Futures price per Million British Thermal Units ÷ Lamb price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of lamb per Million British Thermal Units of natural gas futures — rather than a plain count.
Worked example, live prices: $2.82 ÷ $676.41 = 0.004169. The inverse is 239.9.
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 natural gas futures to lamb ratio today?
The natural gas futures to lamb ratio is 0.004169 — Natural Gas Futures at $2.82 per Million British Thermal Units divided by Lamb at $676.41 per Kilogram, from live mid-market prices.
How do you calculate the natural gas futures to lamb ratio?
Divide the natural gas futures price per Million British Thermal Units by the lamb price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of lamb per Million British Thermal Units of natural gas futures.
What is the inverse of the natural gas futures to lamb ratio?
The inverse, lamb to natural gas futures, is 239.9 — how many Million British Thermal Unitss of natural gas futures one Kilogram of lamb buys.