Commodity ratio · live
Iron Ore to Milk Ratio
The iron ore to milk ratio is 6.109 — Iron Ore at $101.60 per Metric Ton divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 12:16 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Milk ratio
1.000 T of iron ore = 6.109 Cwt of milk
Inverse (MILK/IORECR): 0.1637 — one Hundredweight of milk buys that much iron ore.
Iron Ore
$101.60
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 iron ore. Prices as of Mon, 24 Aug 2026 12:16:13 GMT.
Iron Ore to Milk ratio charts
Pick a range once — it applies to the IORECR/MILK ratio line, the OHLC candles and the Iron Ore / Milk price chart below.
IORECR/MILK ratio line
How many Cwt of Milk one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/MILK over 1Y. Try a longer range.
IORECR/MILK ratio candles
Open, high, low and close of the IORECR/MILK ratio for each period in the last 1Y.
No overlapping history for IORECR/MILK over 1Y. Try a longer range.
Iron Ore 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 iron ore to milk ratio
Iron Ore to Milk ratio = Iron Ore 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 iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $16.63 = 6.109. The inverse is 0.1637.
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 iron ore to milk ratio today?
The iron ore to milk ratio is 6.109 — Iron Ore at $101.60 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the iron ore to milk ratio?
Divide the iron ore 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 iron ore.
What is the inverse of the iron ore to milk ratio?
The inverse, milk to iron ore, is 0.1637 — how many Metric Tons of iron ore one Hundredweight of milk buys.