Commodity ratio · live

Milk to Canola Ratio

The milk to canola ratio is 0.02107 Milk at $16.63 per Hundredweight divided by Canola at $789.28 per Metric Ton.

Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Milk to Canola ratio

0.02107-23.44% / 1Y

1.000 Cwt of milk = 0.02107 T of canola

Inverse (CANOLA/MILK): 47.46 — one Metric Ton of canola buys that much milk.

Below its 1 year average. (15th percentile of the last 1 year)

Milk

$16.63

per Hundredweight

Canola

CA$789.28

per Metric Ton

Unit basis: USD per Hundredweight ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 11:15:06 GMT.

These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.02389

median 0.02292

1Y low

0.01878

Jul 24, 2026

1Y high

0.02946

Sep 28, 2025

Normal band

0.02119–0.02659

mean ± 1 std dev

Deviation from mean

-1.05σ

355 observations

Milk to Canola ratio charts

Pick a range once — it applies to the MILK/CANOLA ratio line, the OHLC candles and the Milk / Canola price chart below.

MILK/CANOLA ratio line

How many T of Canola one Cwt of Milk buys, over 1Y.

MILK/CANOLA ratio candles

Open, high, low and close of the MILK/CANOLA ratio for each period in the last 1Y.

Milk and Canola 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 canola ratio

Milk to Canola ratio = Milk price per Hundredweight ÷ Canola price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of canola per Hundredweight of milk — rather than a plain count.

Worked example, live prices: $16.63 ÷ $789.28 = 0.02107. The inverse is 47.46.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the milk to canola ratio today?

The milk to canola ratio is 0.02107 — Milk at $16.63 per Hundredweight divided by Canola at $789.28 per Metric Ton, from live mid-market prices.

How do you calculate the milk to canola ratio?

Divide the milk price per Hundredweight by the canola price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of canola per Hundredweight of milk.

What is the inverse of the milk to canola ratio?

The inverse, canola to milk, is 47.46 — how many Hundredweights of milk one Metric Ton of canola buys.