Commodity ratio · live
Butter to Cheese Ratio
The butter to cheese ratio is 2702 — Butter at $4,350.00 per Metric Ton divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Cheese ratio
1.000 T of butter = 2,701.9 Lb of cheese
Inverse (CHE/BUTTER): 0.0003701 — one Pound of cheese buys that much butter.
Close to the middle of its 1 year range. (45th percentile of the last 1 year)
Butter
€4,350.00
per Metric Ton
Cheese
$1.61
per Pound
Unit basis: EUR per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of cheese per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 11:19:13 GMT.
These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
2761
median 2755
1Y low
2270
Jul 17, 2026
1Y high
3929
Aug 24, 2025
Normal band
2447–3076
mean ± 1 std dev
Deviation from mean
-0.19σ
356 observations
Butter to Cheese ratio charts
Pick a range once — it applies to the BUTTER/CHE ratio line, the OHLC candles and the Butter / Cheese price chart below.
BUTTER/CHE ratio line
How many Lb of Cheese one T of Butter buys, over 1Y.
BUTTER/CHE ratio candles
Open, high, low and close of the BUTTER/CHE ratio for each period in the last 1Y.
Butter and Cheese prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the butter to cheese ratio
Butter to Cheese ratio = Butter price per Metric Ton ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $1.61 = 2702. The inverse is 0.0003701.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the butter to cheese ratio today?
The butter to cheese ratio is 2702 — Butter at $4,350.00 per Metric Ton divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the butter to cheese ratio?
Divide the butter price per Metric Ton by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Metric Ton of butter.
What is the inverse of the butter to cheese ratio?
The inverse, cheese to butter, is 0.0003701 — how many Metric Tons of butter one Pound of cheese buys.