Commodity ratio · live
Milk to Cocoa Ratio
The milk to cocoa ratio is 0.002820 — Milk at $16.63 per Hundredweight divided by Cocoa at $5,896.17 per Metric Ton.
Prices as of Aug 24, 2026, 11:45 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Cocoa ratio
1.000 Cwt of milk = 0.002820 T of cocoa
Inverse (CC/MILK): 354.6 — one Metric Ton of cocoa buys that much milk.
Close to the middle of its 1 year range. (31th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Cocoa
$5,896.17
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of cocoa per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 11:45:07 GMT.
1Y average
0.05642
median 0.003097
1Y low
0.002173
Aug 24, 2025
1Y high
18.89
Nov 25, 2025
Normal band
0.000–1.055
mean ± 1 std dev
Deviation from mean
-0.05σ
357 observations
Milk to Cocoa ratio charts
Pick a range once — it applies to the MILK/CC ratio line, the OHLC candles and the Milk / Cocoa price chart below.
MILK/CC ratio line
How many T of Cocoa one Cwt of Milk buys, over 1Y.
MILK/CC ratio candles
Open, high, low and close of the MILK/CC ratio for each period in the last 1Y.
Milk and Cocoa 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 cocoa ratio
Milk to Cocoa ratio = Milk price per Hundredweight ÷ Cocoa price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cocoa per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $5,896.17 = 0.002820. The inverse is 354.6.
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 cocoa ratio today?
The milk to cocoa ratio is 0.002820 — Milk at $16.63 per Hundredweight divided by Cocoa at $5,896.17 per Metric Ton, from live mid-market prices.
How do you calculate the milk to cocoa ratio?
Divide the milk price per Hundredweight by the cocoa 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 cocoa per Hundredweight of milk.
What is the inverse of the milk to cocoa ratio?
The inverse, cocoa to milk, is 354.6 — how many Hundredweights of milk one Metric Ton of cocoa buys.