Commodity ratio · live
Lumber Futures to Milk Ratio
The lumber futures to milk ratio is 34.49 — Lumber Futures at $573.54 per Thousand Board Feet divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Milk ratio
1.000 Mbf of lumber futures = 34.488 Cwt of milk
Inverse (MILK/LB-FUT): 0.02900 — one Hundredweight of milk buys that much lumber futures.
Close to the middle of its 1 year range. (34th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Milk
$16.63
per Hundredweight
Unit basis: USD per Thousand Board Feet ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:26:53 GMT.
1Y average
35.81
median 34.91
1Y low
28.65
Sep 7, 2025
1Y high
42.13
Jul 23, 2026
Normal band
32.82–38.79
mean ± 1 std dev
Deviation from mean
-0.44σ
338 observations
Lumber Futures to Milk ratio charts
Pick a range once — it applies to the LB-FUT/MILK ratio line, the OHLC candles and the Lumber Futures / Milk price chart below.
LB-FUT/MILK ratio line
How many Cwt of Milk one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/MILK ratio candles
Open, high, low and close of the LB-FUT/MILK ratio for each period in the last 1Y.
Lumber 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 lumber futures to milk ratio
Lumber Futures to Milk ratio = Lumber Futures price per Thousand Board Feet ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $16.63 = 34.49. The inverse is 0.02900.
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 lumber futures to milk ratio today?
The lumber futures to milk ratio is 34.49 — Lumber Futures at $573.54 per Thousand Board Feet divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the lumber futures to milk ratio?
Divide the lumber futures price per Thousand Board Feet 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 Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to milk ratio?
The inverse, milk to lumber futures, is 0.02900 — how many Thousand Board Feets of lumber futures one Hundredweight of milk buys.