Commodity ratio · live
Hides to Milk Ratio
The hides to milk ratio is 3.409 — Hides at $56.69 per Pound divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hides to Milk ratio
1.000 lbs of hides = 3.409 Cwt of milk
Inverse (MILK/HIDE): 0.2933 — one Hundredweight of milk buys that much hides.
Hides
¢56.69
per Pound
Milk
$16.63
per Hundredweight
Unit basis: US Cents per Pound ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Pound of hides. Prices as of Mon, 24 Aug 2026 12:09:19 GMT.
These two commodities are quoted in different currencies (US Cents and USD). The figure above is a raw quote ratio and is not FX-adjusted.
Hides to Milk ratio charts
Pick a range once — it applies to the HIDE/MILK ratio line, the OHLC candles and the Hides / Milk price chart below.
HIDE/MILK ratio line
How many Cwt of Milk one lbs of Hides buys, over 1Y.
No overlapping history for HIDE/MILK over 1Y. Try a longer range.
HIDE/MILK ratio candles
Open, high, low and close of the HIDE/MILK ratio for each period in the last 1Y.
No overlapping history for HIDE/MILK over 1Y. Try a longer range.
Hides 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 hides to milk ratio
Hides to Milk ratio = Hides 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 hides — rather than a plain count.
Worked example, live prices: $56.69 ÷ $16.63 = 3.409. The inverse is 0.2933.
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 hides to milk ratio today?
The hides to milk ratio is 3.409 — Hides at $56.69 per Pound divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the hides to milk ratio?
Divide the hides 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 hides.
What is the inverse of the hides to milk ratio?
The inverse, milk to hides, is 0.2933 — how many Pounds of hides one Hundredweight of milk buys.