Commodity ratio · live
Milk to Beef Ratio
The milk to beef ratio is 0.04252 — Milk at $16.63 per Hundredweight divided by Beef at $391.15 per Kilogram.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Beef ratio
1.000 Cwt of milk = 0.04252 kg of beef
Inverse (BEEF/MILK): 23.52 — one Kilogram of beef buys that much milk.
Below its 1 year average. (15th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Beef
$391.15
per Kilogram
Unit basis: USD per Hundredweight ÷ USD per Kilogram. The ratio reads as Kilograms of beef per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 12:11:12 GMT.
1Y average
0.04407
median 0.04407
1Y low
0.04213
Aug 19, 2026
1Y high
0.04620
Aug 5, 2026
Normal band
0.04282–0.04533
mean ± 1 std dev
Deviation from mean
-1.24σ
13 observations
Milk to Beef ratio charts
Pick a range once — it applies to the MILK/BEEF ratio line, the OHLC candles and the Milk / Beef price chart below.
MILK/BEEF ratio line
How many kg of Beef one Cwt of Milk buys, over 1Y.
MILK/BEEF ratio candles
Open, high, low and close of the MILK/BEEF ratio for each period in the last 1Y.
Milk and Beef prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the milk to beef ratio
Milk to Beef ratio = Milk price per Hundredweight ÷ Beef price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of beef per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $391.15 = 0.04252. The inverse is 23.52.
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 milk to beef ratio today?
The milk to beef ratio is 0.04252 — Milk at $16.63 per Hundredweight divided by Beef at $391.15 per Kilogram, from live mid-market prices.
How do you calculate the milk to beef ratio?
Divide the milk price per Hundredweight by the beef price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of beef per Hundredweight of milk.
What is the inverse of the milk to beef ratio?
The inverse, beef to milk, is 23.52 — how many Hundredweights of milk one Kilogram of beef buys.