Commodity ratio · live
Cheese to Ethanol Ratio
The cheese to ethanol ratio is 0.7594 — Cheese at $1.61 per Pound divided by Ethanol at $2.12 per Gallon.
Prices as of Aug 24, 2026, 12:08 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Ethanol ratio
1.000 Lb of cheese = 0.7594 Gal of ethanol
Inverse (ETHANOL/CHE): 1.317 — one Gallon of ethanol buys that much cheese.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Cheese
$1.61
per Pound
Ethanol
$2.12
per Gallon
Unit basis: USD per Pound ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Pound of cheese. Prices as of Mon, 24 Aug 2026 12:08:59 GMT.
1Y average
0.9005
median 0.8827
1Y low
0.7547
Aug 21, 2026
1Y high
1.087
Nov 24, 2025
Normal band
0.8312–0.9698
mean ± 1 std dev
Deviation from mean
-2.04σ
357 observations
Cheese to Ethanol ratio charts
Pick a range once — it applies to the CHE/ETHANOL ratio line, the OHLC candles and the Cheese / Ethanol price chart below.
CHE/ETHANOL ratio line
How many Gal of Ethanol one Lb of Cheese buys, over 1Y.
CHE/ETHANOL ratio candles
Open, high, low and close of the CHE/ETHANOL ratio for each period in the last 1Y.
Cheese and Ethanol prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cheese to ethanol ratio
Cheese to Ethanol ratio = Cheese price per Pound ÷ Ethanol price per Gallon
The two legs use different units, so the result is a rate — Gallons of ethanol per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $2.12 = 0.7594. The inverse is 1.317.
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 cheese to ethanol ratio today?
The cheese to ethanol ratio is 0.7594 — Cheese at $1.61 per Pound divided by Ethanol at $2.12 per Gallon, from live mid-market prices.
How do you calculate the cheese to ethanol ratio?
Divide the cheese price per Pound by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Pound of cheese.
What is the inverse of the cheese to ethanol ratio?
The inverse, ethanol to cheese, is 1.317 — how many Pounds of cheese one Gallon of ethanol buys.