Commodity ratio · live
Soybean Meal to Lean Hogs Ratio
The soybean meal to lean hogs ratio is 4.014 — Soybean Meal at $328.31 per Bushel divided by Lean Hogs at $81.80 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Meal to Lean Hogs ratio
1.000 Bu of soybean meal = 4.014 T of lean hogs
Inverse (LHOGS/ZM): 0.2492 — one Metric Ton of lean hogs buys that much soybean meal.
Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)
Soybean Meal
$328.31
per Bushel
Lean Hogs
$81.80
per Metric Ton
Unit basis: USD per Bushel ÷ USD per Metric Ton. The ratio reads as Metric Tons of lean hogs per Bushel of soybean meal. Prices as of Mon, 24 Aug 2026 10:25:52 GMT.
1Y average
3.426
median 3.405
1Y low
2.477
Oct 1, 2025
1Y high
4.285
Nov 18, 2025
Normal band
3.107–3.745
mean ± 1 std dev
Deviation from mean
+1.84σ
201 observations
Soybean Meal to Lean Hogs ratio charts
Pick a range once — it applies to the ZM/LHOGS ratio line, the OHLC candles and the Soybean Meal / Lean Hogs price chart below.
ZM/LHOGS ratio line
How many T of Lean Hogs one Bu of Soybean Meal buys, over 1Y.
ZM/LHOGS ratio candles
Open, high, low and close of the ZM/LHOGS ratio for each period in the last 1Y.
Soybean Meal 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 soybean meal to lean hogs ratio
Soybean Meal to Lean Hogs ratio = Soybean Meal price per Bushel ÷ Lean Hogs price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lean hogs per Bushel of soybean meal — rather than a plain count.
Worked example, live prices: $328.31 ÷ $81.80 = 4.014. The inverse is 0.2492.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the soybean meal to lean hogs ratio today?
The soybean meal to lean hogs ratio is 4.014 — Soybean Meal at $328.31 per Bushel divided by Lean Hogs at $81.80 per Metric Ton, from live mid-market prices.
How do you calculate the soybean meal to lean hogs ratio?
Divide the soybean meal price per Bushel 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 Bushel of soybean meal.
What is the inverse of the soybean meal to lean hogs ratio?
The inverse, lean hogs to soybean meal, is 0.2492 — how many Bushels of soybean meal one Metric Ton of lean hogs buys.