Commodity ratio · live
Ethanol to Milk Ratio
The ethanol to milk ratio is 0.1275 — Ethanol at $2.12 per Gallon divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Milk ratio
1.000 Gal of ethanol = 0.1275 Cwt of milk
Inverse (MILK/ETHANOL): 7.844 — one Hundredweight of milk 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
Milk
$16.63
per Hundredweight
Unit basis: USD per Gallon ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 12:11:59 GMT.
1Y average
0.1119
median 0.1129
1Y low
0.09366
Nov 24, 2025
1Y high
0.1320
Mar 30, 2026
Normal band
0.1035–0.1203
mean ± 1 std dev
Deviation from mean
+1.86σ
362 observations
Ethanol to Milk ratio charts
Pick a range once — it applies to the ETHANOL/MILK ratio line, the OHLC candles and the Ethanol / Milk price chart below.
ETHANOL/MILK ratio line
How many Cwt of Milk one Gal of Ethanol buys, over 1Y.
ETHANOL/MILK ratio candles
Open, high, low and close of the ETHANOL/MILK ratio for each period in the last 1Y.
Ethanol 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 ethanol to milk ratio
Ethanol to Milk ratio = Ethanol price per Gallon ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $16.63 = 0.1275. The inverse is 7.844.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the ethanol to milk ratio today?
The ethanol to milk ratio is 0.1275 — Ethanol at $2.12 per Gallon divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the ethanol to milk ratio?
Divide the ethanol price per Gallon 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 Gallon of ethanol.
What is the inverse of the ethanol to milk ratio?
The inverse, milk to ethanol, is 7.844 — how many Gallons of ethanol one Hundredweight of milk buys.