Commodity ratio · live

Nickel Futures to Lean Hogs Ratio

The nickel futures to lean hogs ratio is 207.9 Nickel Futures at $17,007.88 per Metric Ton divided by Lean Hogs at $81.80 per Metric Ton.

Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Lean Hogs ratio

207.9+27.58% / 1Y

1.000 T of nickel futures = 207.920 T of lean hogs

Inverse (LHOGS/NICKEL-FUT): 0.004810 — one Metric Ton of lean hogs buys that much nickel futures.

Near the top of its 1 year range — historically stretched. (92th percentile of the last 1 year)

Nickel Futures

$17,007.88

per Metric Ton

Lean Hogs

$81.80

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of lean hogs per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 11:34:43 GMT.

1Y average

184.8

median 185.9

1Y low

129.3

Dec 15, 2025

1Y high

245.2

Jan 27, 2026

Normal band

169.3–200.3

mean ± 1 std dev

Deviation from mean

+1.49σ

202 observations

Nickel Futures to Lean Hogs ratio charts

Pick a range once — it applies to the NICKEL-FUT/LHOGS ratio line, the OHLC candles and the Nickel Futures / Lean Hogs price chart below.

NICKEL-FUT/LHOGS ratio line

How many T of Lean Hogs one T of Nickel Futures buys, over 1Y.

NICKEL-FUT/LHOGS ratio candles

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

Nickel Futures 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 nickel futures to lean hogs ratio

Nickel Futures to Lean Hogs ratio = Nickel Futures price per Metric Ton ÷ Lean Hogs price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $17,007.88 ÷ $81.80 = 207.9. The inverse is 0.004810.

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 nickel futures to lean hogs ratio today?

The nickel futures to lean hogs ratio is 207.9 — Nickel Futures at $17,007.88 per Metric Ton divided by Lean Hogs at $81.80 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to lean hogs ratio?

Divide the nickel futures price per Metric Ton 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 Metric Ton of nickel futures.

What is the inverse of the nickel futures to lean hogs ratio?

The inverse, lean hogs to nickel futures, is 0.004810 — how many Metric Tons of nickel futures one Metric Ton of lean hogs buys.

Nickel Futures to Lean Hogs Ratio — 207.9 Today | CommodityPriceAPI