Commodity ratio · live
Milk to Lamb Ratio
The milk to lamb ratio is 0.02459 — Milk at $16.63 per Hundredweight divided by Lamb at $676.41 per Kilogram.
Prices as of Aug 24, 2026, 10:39 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Lamb ratio
1.000 Cwt of milk = 0.02459 kg of lamb
Inverse (LAMB/MILK): 40.67 — one Kilogram of lamb buys that much milk.
Close to the middle of its 1 year range. (46th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Lamb
$676.41
per Kilogram
Unit basis: USD per Hundredweight ÷ USD per Kilogram. The ratio reads as Kilograms of lamb per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:39:56 GMT.
1Y average
0.02460
median 0.02460
1Y low
0.02432
Aug 10, 2026
1Y high
0.02526
Aug 5, 2026
Normal band
0.02447–0.02472
mean ± 1 std dev
Deviation from mean
-0.08σ
13 observations
Milk to Lamb ratio charts
Pick a range once — it applies to the MILK/LAMB ratio line, the OHLC candles and the Milk / Lamb price chart below.
MILK/LAMB ratio line
How many kg of Lamb one Cwt of Milk buys, over 1Y.
MILK/LAMB ratio candles
Open, high, low and close of the MILK/LAMB ratio for each period in the last 1Y.
Milk and Lamb 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 lamb ratio
Milk to Lamb ratio = Milk price per Hundredweight ÷ Lamb price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of lamb per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $676.41 = 0.02459. The inverse is 40.67.
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 lamb ratio today?
The milk to lamb ratio is 0.02459 — Milk at $16.63 per Hundredweight divided by Lamb at $676.41 per Kilogram, from live mid-market prices.
How do you calculate the milk to lamb ratio?
Divide the milk price per Hundredweight by the lamb price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of lamb per Hundredweight of milk.
What is the inverse of the milk to lamb ratio?
The inverse, lamb to milk, is 40.67 — how many Hundredweights of milk one Kilogram of lamb buys.