Commodity ratio · live
Milk to Iron Ore Ratio
The milk to iron ore ratio is 0.1637 — Milk at $16.63 per Hundredweight divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Iron Ore ratio
1.000 Cwt of milk = 0.1637 T of iron ore
Inverse (IORECR/MILK): 6.109 — one Metric Ton of iron ore buys that much milk.
Milk
$16.63
per Hundredweight
Iron Ore
$101.60
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:33:27 GMT.
Milk to Iron Ore ratio charts
Pick a range once — it applies to the MILK/IORECR ratio line, the OHLC candles and the Milk / Iron Ore price chart below.
MILK/IORECR ratio line
How many T of Iron Ore one Cwt of Milk buys, over 1Y.
No overlapping history for MILK/IORECR over 1Y. Try a longer range.
MILK/IORECR ratio candles
Open, high, low and close of the MILK/IORECR ratio for each period in the last 1Y.
No overlapping history for MILK/IORECR over 1Y. Try a longer range.
Milk and Iron Ore 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 iron ore ratio
Milk to Iron Ore ratio = Milk price per Hundredweight ÷ Iron Ore price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $101.60 = 0.1637. The inverse is 6.109.
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 iron ore ratio today?
The milk to iron ore ratio is 0.1637 — Milk at $16.63 per Hundredweight divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the milk to iron ore ratio?
Divide the milk price per Hundredweight by the iron ore 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 iron ore per Hundredweight of milk.
What is the inverse of the milk to iron ore ratio?
The inverse, iron ore to milk, is 6.109 — how many Hundredweights of milk one Metric Ton of iron ore buys.