Commodity ratio · live
Milk to Natural Gas, Europe Ratio
The milk to natural gas, europe ratio is 1.028 — Milk at $16.63 per Hundredweight divided by Natural Gas, Europe at $16.17 per Million British Thermal Units.
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 Natural Gas, Europe ratio
1.000 Cwt of milk = 1.028 MMBtu of natural gas, europe
Inverse (NG-EU/MILK): 0.9723 — one Million British Thermal Units of natural gas, europe buys that much milk.
Milk
$16.63
per Hundredweight
Natural Gas, Europe
$16.17
per Million British Thermal Units
Unit basis: USD per Hundredweight ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, europe per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:39:53 GMT.
Milk to Natural Gas, Europe ratio charts
Pick a range once — it applies to the MILK/NG-EU ratio line, the OHLC candles and the Milk / Natural Gas, Europe price chart below.
MILK/NG-EU ratio line
How many MMBtu of Natural Gas, Europe one Cwt of Milk buys, over 1Y.
No overlapping history for MILK/NG-EU over 1Y. Try a longer range.
MILK/NG-EU ratio candles
Open, high, low and close of the MILK/NG-EU ratio for each period in the last 1Y.
No overlapping history for MILK/NG-EU over 1Y. Try a longer range.
Milk and Natural Gas, Europe 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 natural gas, europe ratio
Milk to Natural Gas, Europe ratio = Milk price per Hundredweight ÷ Natural Gas, Europe price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, europe per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $16.17 = 1.028. The inverse is 0.9723.
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 natural gas, europe ratio today?
The milk to natural gas, europe ratio is 1.028 — Milk at $16.63 per Hundredweight divided by Natural Gas, Europe at $16.17 per Million British Thermal Units, from live mid-market prices.
How do you calculate the milk to natural gas, europe ratio?
Divide the milk price per Hundredweight by the natural gas, europe price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, europe per Hundredweight of milk.
What is the inverse of the milk to natural gas, europe ratio?
The inverse, natural gas, europe to milk, is 0.9723 — how many Hundredweights of milk one Million British Thermal Units of natural gas, europe buys.