Commodity ratio · live

Milk to Barley Ratio

The milk to barley ratio is 0.1364 Milk at $16.63 per Hundredweight divided by Barley at $121.90 per Metric Ton.

Prices as of Aug 24, 2026, 10:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Milk to Barley ratio

0.1364

1.000 Cwt of milk = 0.1364 T of barley

Inverse (NBLC1/MILK): 7.330 — one Metric Ton of barley buys that much milk.

Milk

$16.63

per Hundredweight

Barley

$121.90

per Metric Ton

Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of barley per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:30:09 GMT.

Milk to Barley ratio charts

Pick a range once — it applies to the MILK/NBLC1 ratio line, the OHLC candles and the Milk / Barley price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

MILK/NBLC1 ratio line

How many T of Barley one Cwt of Milk buys, over 1Y.

No overlapping history for MILK/NBLC1 over 1Y. Try a longer range.

MILK/NBLC1 ratio candles

Open, high, low and close of the MILK/NBLC1 ratio for each period in the last 1Y.

No overlapping history for MILK/NBLC1 over 1Y. Try a longer range.

Milk and Barley 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 barley ratio

Milk to Barley ratio = Milk price per Hundredweight ÷ Barley price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of barley per Hundredweight of milk — rather than a plain count.

Worked example, live prices: $16.63 ÷ $121.90 = 0.1364. The inverse is 7.330.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the milk to barley ratio today?

The milk to barley ratio is 0.1364 — Milk at $16.63 per Hundredweight divided by Barley at $121.90 per Metric Ton, from live mid-market prices.

How do you calculate the milk to barley ratio?

Divide the milk price per Hundredweight by the barley 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 barley per Hundredweight of milk.

What is the inverse of the milk to barley ratio?

The inverse, barley to milk, is 7.330 — how many Hundredweights of milk one Metric Ton of barley buys.

Milk to Barley Ratio — 0.1364 Today | CommodityPriceAPI