Commodity ratio · live
Cheese to Milk Ratio
The cheese to milk ratio is 0.09681 — Cheese at $1.61 per Pound divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Milk ratio
1.000 Lb of cheese = 0.09681 Cwt of milk
Inverse (MILK/CHE): 10.33 — one Hundredweight of milk buys that much cheese.
Below its 1 year average. (27th percentile of the last 1 year)
Cheese
$1.61
per Pound
Milk
$16.63
per Hundredweight
Unit basis: USD per Pound ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:24:25 GMT.
1Y average
0.1002
median 0.1008
1Y low
0.08911
Dec 1, 2025
1Y high
0.1139
Feb 28, 2026
Normal band
0.09657–0.1038
mean ± 1 std dev
Deviation from mean
-0.93σ
356 observations
Cheese to Milk ratio charts
Pick a range once — it applies to the CHE/MILK ratio line, the OHLC candles and the Cheese / Milk price chart below.
CHE/MILK ratio line
How many Cwt of Milk one Lb of Cheese buys, over 1Y.
CHE/MILK ratio candles
Open, high, low and close of the CHE/MILK ratio for each period in the last 1Y.
Cheese 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 cheese to milk ratio
Cheese to Milk ratio = Cheese price per Pound ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $16.63 = 0.09681. The inverse is 10.33.
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 cheese to milk ratio today?
The cheese to milk ratio is 0.09681 — Cheese at $1.61 per Pound divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the cheese to milk ratio?
Divide the cheese price per Pound 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 Pound of cheese.
What is the inverse of the cheese to milk ratio?
The inverse, milk to cheese, is 10.33 — how many Pounds of cheese one Hundredweight of milk buys.