Commodity ratio · live
Ethanol to Cheese Ratio
The ethanol to cheese ratio is 1.317 — Ethanol at $2.12 per Gallon divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Cheese ratio
1.000 Gal of ethanol = 1.317 Lb of cheese
Inverse (CHE/ETHANOL): 0.7594 — one Pound of cheese buys that much ethanol.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Cheese
$1.61
per Pound
Unit basis: USD per Gallon ÷ USD per Pound. The ratio reads as Pounds of cheese per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 11:15:47 GMT.
1Y average
1.117
median 1.133
1Y low
0.9200
Nov 24, 2025
1Y high
1.325
Aug 21, 2026
Normal band
1.034–1.200
mean ± 1 std dev
Deviation from mean
+2.41σ
357 observations
Ethanol to Cheese ratio charts
Pick a range once — it applies to the ETHANOL/CHE ratio line, the OHLC candles and the Ethanol / Cheese price chart below.
ETHANOL/CHE ratio line
How many Lb of Cheese one Gal of Ethanol buys, over 1Y.
ETHANOL/CHE ratio candles
Open, high, low and close of the ETHANOL/CHE ratio for each period in the last 1Y.
Ethanol 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 ethanol to cheese ratio
Ethanol to Cheese ratio = Ethanol price per Gallon ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $1.61 = 1.317. The inverse is 0.7594.
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 cheese ratio today?
The ethanol to cheese ratio is 1.317 — Ethanol at $2.12 per Gallon divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the ethanol to cheese ratio?
Divide the ethanol price per Gallon by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Gallon of ethanol.
What is the inverse of the ethanol to cheese ratio?
The inverse, cheese to ethanol, is 0.7594 — how many Gallons of ethanol one Pound of cheese buys.