Commodity ratio · live
Copper Futures to Milk Ratio
The copper futures to milk ratio is 0.3963 — Copper Futures at $6.59 per Pound divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 11:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Copper Futures to Milk ratio
1.000 Lb of copper futures = 0.3963 Cwt of milk
Inverse (MILK/HG-FUT): 2.524 — one Hundredweight of milk buys that much copper futures.
Above its 1 year average. (81th percentile of the last 1 year)
Copper Futures
$6.59
per Pound
Milk
$16.63
per Hundredweight
Unit basis: USD per Pound ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Pound of copper futures. Prices as of Mon, 24 Aug 2026 11:36:01 GMT.
1Y average
0.3549
median 0.3644
1Y low
0.2455
Aug 31, 2025
1Y high
0.4364
Jan 28, 2026
Normal band
0.3103–0.3994
mean ± 1 std dev
Deviation from mean
+0.93σ
332 observations
Copper Futures to Milk ratio charts
Pick a range once — it applies to the HG-FUT/MILK ratio line, the OHLC candles and the Copper Futures / Milk price chart below.
HG-FUT/MILK ratio line
How many Cwt of Milk one Lb of Copper Futures buys, over 1Y.
HG-FUT/MILK ratio candles
Open, high, low and close of the HG-FUT/MILK ratio for each period in the last 1Y.
Copper Futures 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 copper futures to milk ratio
Copper Futures to Milk ratio = Copper Futures price per Pound ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Pound of copper futures — rather than a plain count.
Worked example, live prices: $6.59 ÷ $16.63 = 0.3963. The inverse is 2.524.
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 copper futures to milk ratio today?
The copper futures to milk ratio is 0.3963 — Copper Futures at $6.59 per Pound divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the copper futures to milk ratio?
Divide the copper futures price per Pound 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 Pound of copper futures.
What is the inverse of the copper futures to milk ratio?
The inverse, milk to copper futures, is 2.524 — how many Pounds of copper futures one Hundredweight of milk buys.