Commodity ratio · live
Milk to Hides Ratio
The milk to hides ratio is 0.2933 — Milk at $16.63 per Hundredweight divided by Hides at $56.69 per Pound.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Hides ratio
1.000 Cwt of milk = 0.2933 lbs of hides
Inverse (HIDE/MILK): 3.409 — one Pound of hides buys that much milk.
Milk
$16.63
per Hundredweight
Hides
¢56.69
per Pound
Unit basis: USD per Hundredweight ÷ US Cents per Pound. The ratio reads as Pounds of hides per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:32:33 GMT.
These two commodities are quoted in different currencies (USD and US Cents). The figure above is a raw quote ratio and is not FX-adjusted.
Milk to Hides ratio charts
Pick a range once — it applies to the MILK/HIDE ratio line, the OHLC candles and the Milk / Hides price chart below.
MILK/HIDE ratio line
How many lbs of Hides one Cwt of Milk buys, over 1Y.
No overlapping history for MILK/HIDE over 1Y. Try a longer range.
MILK/HIDE ratio candles
Open, high, low and close of the MILK/HIDE ratio for each period in the last 1Y.
No overlapping history for MILK/HIDE over 1Y. Try a longer range.
Milk and Hides 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 hides ratio
Milk to Hides ratio = Milk price per Hundredweight ÷ Hides price per Pound
The two legs use different units, so the result is a rate — Pounds of hides per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $56.69 = 0.2933. The inverse is 3.409.
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 hides ratio today?
The milk to hides ratio is 0.2933 — Milk at $16.63 per Hundredweight divided by Hides at $56.69 per Pound, from live mid-market prices.
How do you calculate the milk to hides ratio?
Divide the milk price per Hundredweight by the hides price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of hides per Hundredweight of milk.
What is the inverse of the milk to hides ratio?
The inverse, hides to milk, is 3.409 — how many Hundredweights of milk one Pound of hides buys.