Commodity ratio · live

Butter to Natural Gas, US Ratio

The butter to natural gas, us ratio is 1559 Butter at $4,350.00 per Metric Ton divided by Natural Gas, US at $2.79 per Million British Thermal Units.

Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Butter to Natural Gas, US ratio

1559+34.81% / 1Y

1.000 T of butter = 1,559.1 MMBtu of natural gas, us

Inverse (NG-US/BUTTER): 0.0006414 — one Million British Thermal Units of natural gas, us buys that much butter.

Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)

Butter

€4,350.00

per Metric Ton

Natural Gas, US

$2.79

per Million British Thermal Units

Unit basis: EUR per Metric Ton ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, us per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 11:31:42 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

1413

median 1436

1Y low

1157

Jun 30, 2026

1Y high

1635

Aug 5, 2026

Normal band

1295–1531

mean ± 1 std dev

Deviation from mean

+1.24σ

35 observations

Butter to Natural Gas, US ratio charts

Pick a range once — it applies to the BUTTER/NG-US ratio line, the OHLC candles and the Butter / Natural Gas, US price chart below.

BUTTER/NG-US ratio line

How many MMBtu of Natural Gas, US one T of Butter buys, over 1Y.

BUTTER/NG-US ratio candles

Open, high, low and close of the BUTTER/NG-US ratio for each period in the last 1Y.

Butter and Natural Gas, US 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 natural gas, us ratio

Butter to Natural Gas, US ratio = Butter price per Metric Ton ÷ Natural Gas, US price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, us per Metric Ton of butter — rather than a plain count.

Worked example, live prices: $4,350.00 ÷ $2.79 = 1559. The inverse is 0.0006414.

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 butter to natural gas, us ratio today?

The butter to natural gas, us ratio is 1559 — Butter at $4,350.00 per Metric Ton divided by Natural Gas, US at $2.79 per Million British Thermal Units, from live mid-market prices.

How do you calculate the butter to natural gas, us ratio?

Divide the butter price per Metric Ton by the natural gas, us price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, us per Metric Ton of butter.

What is the inverse of the butter to natural gas, us ratio?

The inverse, natural gas, us to butter, is 0.0006414 — how many Metric Tons of butter one Million British Thermal Units of natural gas, us buys.

Butter to Natural Gas, US Ratio — 1559 Today | CommodityPriceAPI