Commodity ratio · live
Milk to Fish Meal Ratio
The milk to fish meal ratio is 0.008133 — Milk at $16.63 per Hundredweight divided by Fish Meal at $2,044.75 per Metric Ton.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Fish Meal ratio
1.000 Cwt of milk = 0.008133 T of fish meal
Inverse (FM/MILK): 123.0 — one Metric Ton of fish meal buys that much milk.
Milk
$16.63
per Hundredweight
Fish Meal
$2,044.75
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of fish meal per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 11:19:41 GMT.
Milk to Fish Meal ratio charts
Pick a range once — it applies to the MILK/FM ratio line, the OHLC candles and the Milk / Fish Meal price chart below.
MILK/FM ratio line
How many T of Fish Meal one Cwt of Milk buys, over 1Y.
No overlapping history for MILK/FM over 1Y. Try a longer range.
MILK/FM ratio candles
Open, high, low and close of the MILK/FM ratio for each period in the last 1Y.
No overlapping history for MILK/FM over 1Y. Try a longer range.
Milk and Fish Meal 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 fish meal ratio
Milk to Fish Meal ratio = Milk price per Hundredweight ÷ Fish Meal price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of fish meal per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $2,044.75 = 0.008133. The inverse is 123.0.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the milk to fish meal ratio today?
The milk to fish meal ratio is 0.008133 — Milk at $16.63 per Hundredweight divided by Fish Meal at $2,044.75 per Metric Ton, from live mid-market prices.
How do you calculate the milk to fish meal ratio?
Divide the milk price per Hundredweight by the fish meal 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 fish meal per Hundredweight of milk.
What is the inverse of the milk to fish meal ratio?
The inverse, fish meal to milk, is 123.0 — how many Hundredweights of milk one Metric Ton of fish meal buys.