Commodity ratio · live
Milk to Ethanol Ratio
The milk to ethanol ratio is 7.844 — Milk at $16.63 per Hundredweight divided by Ethanol at $2.12 per Gallon.
Prices as of Aug 24, 2026, 10:48 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Ethanol ratio
1.000 Cwt of milk = 7.844 Gal of ethanol
Inverse (ETHANOL/MILK): 0.1275 — one Gallon of ethanol 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
Ethanol
$2.12
per Gallon
Unit basis: USD per Hundredweight ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:48:23 GMT.
1Y average
8.991
median 8.860
1Y low
7.574
Mar 30, 2026
1Y high
10.68
Nov 24, 2025
Normal band
8.301–9.681
mean ± 1 std dev
Deviation from mean
-1.66σ
362 observations
Milk to Ethanol ratio charts
Pick a range once — it applies to the MILK/ETHANOL ratio line, the OHLC candles and the Milk / Ethanol price chart below.
MILK/ETHANOL ratio line
How many Gal of Ethanol one Cwt of Milk buys, over 1Y.
MILK/ETHANOL ratio candles
Open, high, low and close of the MILK/ETHANOL ratio for each period in the last 1Y.
Milk and Ethanol 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 ethanol ratio
Milk to Ethanol ratio = Milk price per Hundredweight ÷ Ethanol price per Gallon
The two legs use different units, so the result is a rate — Gallons of ethanol per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $2.12 = 7.844. The inverse is 0.1275.
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 ethanol ratio today?
The milk to ethanol ratio is 7.844 — Milk at $16.63 per Hundredweight divided by Ethanol at $2.12 per Gallon, from live mid-market prices.
How do you calculate the milk to ethanol ratio?
Divide the milk price per Hundredweight by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Hundredweight of milk.
What is the inverse of the milk to ethanol ratio?
The inverse, ethanol to milk, is 0.1275 — how many Hundredweights of milk one Gallon of ethanol buys.