Commodity ratio · live
Wheat Futures to Lean Hogs Ratio
The wheat futures to lean hogs ratio is 8.482 — Wheat Futures at $693.86 per Ounce divided by Lean Hogs at $81.80 per Metric Ton.
Prices as of Aug 24, 2026, 12:21 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Lean Hogs ratio
1.000 Oz of wheat futures = 8.482 T of lean hogs
Inverse (LHOGS/ZW-FUT): 0.1179 — one Metric Ton of lean hogs buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Wheat Futures
$693.86
per Ounce
Lean Hogs
$81.80
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of lean hogs per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 12:21:49 GMT.
1Y average
6.327
median 6.355
1Y low
4.482
Sep 10, 2025
1Y high
8.588
Aug 20, 2026
Normal band
5.762–6.892
mean ± 1 std dev
Deviation from mean
+3.81σ
195 observations
Wheat Futures to Lean Hogs ratio charts
Pick a range once — it applies to the ZW-FUT/LHOGS ratio line, the OHLC candles and the Wheat Futures / Lean Hogs price chart below.
ZW-FUT/LHOGS ratio line
How many T of Lean Hogs one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/LHOGS ratio candles
Open, high, low and close of the ZW-FUT/LHOGS ratio for each period in the last 1Y.
Wheat 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 wheat futures to lean hogs ratio
Wheat Futures to Lean Hogs ratio = Wheat Futures price per Ounce ÷ Lean Hogs price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lean hogs per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.86 ÷ $81.80 = 8.482. The inverse is 0.1179.
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 wheat futures to lean hogs ratio today?
The wheat futures to lean hogs ratio is 8.482 — Wheat Futures at $693.86 per Ounce divided by Lean Hogs at $81.80 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to lean hogs ratio?
Divide the wheat futures price per Ounce 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 Ounce of wheat futures.
What is the inverse of the wheat futures to lean hogs ratio?
The inverse, lean hogs to wheat futures, is 0.1179 — how many Ounces of wheat futures one Metric Ton of lean hogs buys.