Commodity ratio · live

Milk to Corn Ratio

The milk to corn ratio is 3.195 Milk at $16.63 per Hundredweight divided by Corn at $5.20 per Bushel.

Prices as of Aug 24, 2026, 10:43 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Milk to Corn ratio

3.195-24.29% / 1Y

1.000 Cwt of milk = 3.195 Bu of corn

Inverse (CORN/MILK): 0.3130 — one Bushel of corn buys that much milk.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Milk

$16.63

per Hundredweight

Corn

¢5.20

per Bushel

Unit basis: USD per Hundredweight ÷ US Cent per Bushel. The ratio reads as Bushels of corn per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:43:26 GMT.

1Y average

3.683

median 3.635

1Y low

3.262

Jan 12, 2026

1Y high

4.308

Sep 4, 2025

Normal band

3.439–3.926

mean ± 1 std dev

Deviation from mean

-2.00σ

253 observations

Milk to Corn ratio charts

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

MILK/CORN ratio line

How many Bu of Corn one Cwt of Milk buys, over 1Y.

MILK/CORN ratio candles

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

Milk and Corn 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 corn ratio

Milk to Corn ratio = Milk price per Hundredweight ÷ Corn price per Bushel

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

Worked example, live prices: $16.63 ÷ $5.20 = 3.195. The inverse is 0.3130.

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 corn ratio today?

The milk to corn ratio is 3.195 — Milk at $16.63 per Hundredweight divided by Corn at $5.20 per Bushel, from live mid-market prices.

How do you calculate the milk to corn ratio?

Divide the milk price per Hundredweight by the corn price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of corn per Hundredweight of milk.

What is the inverse of the milk to corn ratio?

The inverse, corn to milk, is 0.3130 — how many Hundredweights of milk one Bushel of corn buys.