Commodity ratio · live
Fish Meal to Milk Ratio
The fish meal to milk ratio is 123.0 — Fish Meal at $2,044.75 per Metric Ton divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Fish Meal to Milk ratio
1.000 T of fish meal = 122.956 Cwt of milk
Inverse (MILK/FM): 0.008133 — one Hundredweight of milk buys that much fish meal.
Fish Meal
$2,044.75
per Metric Ton
Milk
$16.63
per Hundredweight
Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of fish meal. Prices as of Mon, 24 Aug 2026 11:19:40 GMT.
Fish Meal to Milk ratio charts
Pick a range once — it applies to the FM/MILK ratio line, the OHLC candles and the Fish Meal / Milk price chart below.
FM/MILK ratio line
How many Cwt of Milk one T of Fish Meal buys, over 1Y.
No overlapping history for FM/MILK over 1Y. Try a longer range.
FM/MILK ratio candles
Open, high, low and close of the FM/MILK ratio for each period in the last 1Y.
No overlapping history for FM/MILK over 1Y. Try a longer range.
Fish Meal 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 fish meal to milk ratio
Fish Meal to Milk ratio = Fish Meal price per Metric Ton ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Metric Ton of fish meal — rather than a plain count.
Worked example, live prices: $2,044.75 ÷ $16.63 = 123.0. The inverse is 0.008133.
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 fish meal to milk ratio today?
The fish meal to milk ratio is 123.0 — Fish Meal at $2,044.75 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the fish meal to milk ratio?
Divide the fish meal price per Metric Ton 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 Metric Ton of fish meal.
What is the inverse of the fish meal to milk ratio?
The inverse, milk to fish meal, is 0.008133 — how many Metric Tons of fish meal one Hundredweight of milk buys.