Commodity ratio · live
Cotton to Cheese Ratio
The cotton to cheese ratio is 0.5667 — Cotton at $0.8500 per pound divided by Cheese at $1.50 per pound.
Prices as of Sep 21, 2026, 6:58 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Cheese ratio
1.000 lb of cotton = 0.5667 lb of cheese
Inverse (CHE/CT): 1.765 — one pound of cheese buys that much cotton.
Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)
Cotton
$0.8500
per pound
Cheese
$1.50
per pound
Unit basis: USD per pound ÷ USD per pound. Both legs are priced in US dollars per pound, so the dollars and the pounds cancel and the result is a plain unitless number. Prices as of Mon, 21 Sep 2026 18:58:45 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
0.4515
median 0.4577
1Y low
0.3600
Nov 21, 2025
1Y high
0.5987
Aug 28, 2026
Normal band
0.3941–0.5089
mean ± 1 std dev
Deviation from mean
+2.00σ
251 observations
Cotton to Cheese ratio charts
Pick a range once — it applies to the CT/CHE ratio line, the OHLC candles and the Cotton / Cheese price chart below.
CT/CHE ratio line
How many lb of Cheese one lb of Cotton buys, over 1Y.
CT/CHE ratio candles
Open, high, low and close of the CT/CHE ratio for each period in the last 1Y.
Cotton and Cheese prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cotton to cheese ratio
Cotton to Cheese ratio = Cotton price in USD per pound ÷ Cheese price in USD per pound
Both legs are priced in US dollars per pound, so the dollars and the pounds cancel and the result is a plain unitless number.
Worked example, live prices: $0.8500 per pound ÷ $1.50 per pound = 0.5667. The inverse is 1.765.
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 | 4360.90 |
| 2 | XAG | Silver | 66.46 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 95.73 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 100.32 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1816.48 |
| 7 | PA | Palladium | 1320.60 |
Frequently asked questions
What is the cotton to cheese ratio today?
The cotton to cheese ratio is 0.5667 — Cotton at $0.8500 per pound divided by Cheese at $1.50 per pound, from live mid-market prices.
How do you calculate the cotton to cheese ratio?
Divide the cotton price per pound by the cheese price per pound. Both legs are priced in US dollars per pound, so the dollars and the pounds cancel and the result is a plain unitless number.
What is the inverse of the cotton to cheese ratio?
The inverse, cheese to cotton, is 1.765 — how many pounds of cotton one pound of cheese buys.