Commodity ratio · live
Cheese to Oats Future Ratio
The cheese to oats future ratio is 0.004885 — Cheese at $1.60 per Pound divided by Oats Future at $327.51 per Bushel.
Prices as of Aug 24, 2026, 11:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Oats Future ratio
1.000 Lb of cheese = 0.004885 Bu of oats future
Inverse (OAT-FUT/CHE): 204.7 — one Bushel of oats future buys that much cheese.
Below its 1 year average. (26th percentile of the last 1 year)
Cheese
$1.60
per Pound
Oats Future
$327.51
per Bushel
Unit basis: USD per Pound ÷ USD per Bushel. The ratio reads as Bushels of oats future per Pound of cheese. Prices as of Mon, 24 Aug 2026 11:25:45 GMT.
1Y average
0.005206
median 0.005132
1Y low
0.004184
Mar 13, 2026
1Y high
0.007033
Jun 30, 2026
Normal band
0.004752–0.005660
mean ± 1 std dev
Deviation from mean
-0.71σ
328 observations
Cheese to Oats Future ratio charts
Pick a range once — it applies to the CHE/OAT-FUT ratio line, the OHLC candles and the Cheese / Oats Future price chart below.
CHE/OAT-FUT ratio line
How many Bu of Oats Future one Lb of Cheese buys, over 1Y.
CHE/OAT-FUT ratio candles
Open, high, low and close of the CHE/OAT-FUT ratio for each period in the last 1Y.
Cheese and Oats Future 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 oats future ratio
Cheese to Oats Future ratio = Cheese price per Pound ÷ Oats Future price per Bushel
The two legs use different units, so the result is a rate — Bushels of oats future per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.60 ÷ $327.51 = 0.004885. The inverse is 204.7.
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 oats future ratio today?
The cheese to oats future ratio is 0.004885 — Cheese at $1.60 per Pound divided by Oats Future at $327.51 per Bushel, from live mid-market prices.
How do you calculate the cheese to oats future ratio?
Divide the cheese price per Pound by the oats future price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of oats future per Pound of cheese.
What is the inverse of the cheese to oats future ratio?
The inverse, oats future to cheese, is 204.7 — how many Pounds of cheese one Bushel of oats future buys.