Commodity ratio · live
Ethanol to Butter Ratio
The ethanol to butter ratio is 0.0004874 — Ethanol at $2.12 per Gallon divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Butter ratio
1.000 Gal of ethanol = 0.0004874 T of butter
Inverse (BUTTER/ETHANOL): 2052 — one Metric Ton of butter buys that much ethanol.
Above its 1 year average. (84th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Gallon ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 11:21:11 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.0004108
median 0.0003918
1Y low
0.0002647
Aug 24, 2025
1Y high
0.0005259
May 1, 2026
Normal band
0.0003430–0.0004786
mean ± 1 std dev
Deviation from mean
+1.13σ
363 observations
Ethanol to Butter ratio charts
Pick a range once — it applies to the ETHANOL/BUTTER ratio line, the OHLC candles and the Ethanol / Butter price chart below.
ETHANOL/BUTTER ratio line
How many T of Butter one Gal of Ethanol buys, over 1Y.
ETHANOL/BUTTER ratio candles
Open, high, low and close of the ETHANOL/BUTTER ratio for each period in the last 1Y.
Ethanol and Butter prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the ethanol to butter ratio
Ethanol to Butter ratio = Ethanol price per Gallon ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $4,350.00 = 0.0004874. The inverse is 2052.
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 ethanol to butter ratio today?
The ethanol to butter ratio is 0.0004874 — Ethanol at $2.12 per Gallon divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the ethanol to butter ratio?
Divide the ethanol price per Gallon by the butter price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of butter per Gallon of ethanol.
What is the inverse of the ethanol to butter ratio?
The inverse, butter to ethanol, is 2052 — how many Gallons of ethanol one Metric Ton of butter buys.