Commodity ratio · live
Butter to Milk Ratio
The butter to milk ratio is 261.6 — Butter at $4,350.00 per Metric Ton divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 10:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Milk ratio
1.000 T of butter = 261.575 Cwt of milk
Inverse (MILK/BUTTER): 0.003823 — one Hundredweight of milk buys that much butter.
Close to the middle of its 1 year range. (44th percentile of the last 1 year)
Butter
€4,350.00
per Metric Ton
Milk
$16.63
per Hundredweight
Unit basis: EUR per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 10:30:10 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
277.2
median 269.5
1Y low
225.9
Apr 30, 2026
1Y high
398.6
Aug 24, 2025
Normal band
242.6–311.7
mean ± 1 std dev
Deviation from mean
-0.45σ
362 observations
Butter to Milk ratio charts
Pick a range once — it applies to the BUTTER/MILK ratio line, the OHLC candles and the Butter / Milk price chart below.
BUTTER/MILK ratio line
How many Cwt of Milk one T of Butter buys, over 1Y.
BUTTER/MILK ratio candles
Open, high, low and close of the BUTTER/MILK ratio for each period in the last 1Y.
Butter and Milk 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 milk ratio
Butter to Milk ratio = Butter price per Metric Ton ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $16.63 = 261.6. The inverse is 0.003823.
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 butter to milk ratio today?
The butter to milk ratio is 261.6 — Butter at $4,350.00 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the butter to milk ratio?
Divide the butter price per Metric Ton by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Metric Ton of butter.
What is the inverse of the butter to milk ratio?
The inverse, milk to butter, is 0.003823 — how many Metric Tons of butter one Hundredweight of milk buys.