Commodity ratio · live
Milk to Oats Future Ratio
The milk to oats future ratio is 0.05062 — Milk at $16.63 per Hundredweight divided by Oats Future at $328.51 per Bushel.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Oats Future ratio
1.000 Cwt of milk = 0.05062 Bu of oats future
Inverse (OAT-FUT/MILK): 19.75 — one Bushel of oats future buys that much milk.
Close to the middle of its 1 year range. (39th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Oats Future
$328.51
per Bushel
Unit basis: USD per Hundredweight ÷ USD per Bushel. The ratio reads as Bushels of oats future per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 11:30:42 GMT.
1Y average
0.05198
median 0.05132
1Y low
0.04253
Mar 13, 2026
1Y high
0.07028
Jun 30, 2026
Normal band
0.04789–0.05608
mean ± 1 std dev
Deviation from mean
-0.33σ
327 observations
Milk to Oats Future ratio charts
Pick a range once — it applies to the MILK/OAT-FUT ratio line, the OHLC candles and the Milk / Oats Future price chart below.
MILK/OAT-FUT ratio line
How many Bu of Oats Future one Cwt of Milk buys, over 1Y.
MILK/OAT-FUT ratio candles
Open, high, low and close of the MILK/OAT-FUT ratio for each period in the last 1Y.
Milk and Oats Future 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 oats future ratio
Milk to Oats Future ratio = Milk price per Hundredweight ÷ Oats Future price per Bushel
The two legs use different units, so the result is a rate — Bushels of oats future per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $328.51 = 0.05062. The inverse is 19.75.
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 oats future ratio today?
The milk to oats future ratio is 0.05062 — Milk at $16.63 per Hundredweight divided by Oats Future at $328.51 per Bushel, from live mid-market prices.
How do you calculate the milk to oats future ratio?
Divide the milk price per Hundredweight by the oats future price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of oats future per Hundredweight of milk.
What is the inverse of the milk to oats future ratio?
The inverse, oats future to milk, is 19.75 — how many Hundredweights of milk one Bushel of oats future buys.