Commodity ratio · live
Milk to Soybeans Futures Ratio
The milk to soybeans futures ratio is 1.358 — Milk at $16.63 per Hundredweight divided by Soybeans Futures at $12.24 per Bushel.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Soybeans Futures ratio
1.000 Cwt of milk = 1.358 Bu of soybeans futures
Inverse (SOYBEAN-FUT/MILK): 0.7363 — one Bushel of soybeans futures buys that much milk.
Below its 1 year average. (16th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Soybeans Futures
¢12.24
per Bushel
Unit basis: USD per Hundredweight ÷ US Cent per Bushel. The ratio reads as Bushels of soybeans futures per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:34:13 GMT.
1Y average
1.464
median 1.438
1Y low
1.260
Jul 24, 2026
1Y high
1.783
Aug 31, 2025
Normal band
1.344–1.584
mean ± 1 std dev
Deviation from mean
-0.88σ
355 observations
Milk to Soybeans Futures ratio charts
Pick a range once — it applies to the MILK/SOYBEAN-FUT ratio line, the OHLC candles and the Milk / Soybeans Futures price chart below.
MILK/SOYBEAN-FUT ratio line
How many Bu of Soybeans Futures one Cwt of Milk buys, over 1Y.
MILK/SOYBEAN-FUT ratio candles
Open, high, low and close of the MILK/SOYBEAN-FUT ratio for each period in the last 1Y.
Milk and Soybeans Futures 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 soybeans futures ratio
Milk to Soybeans Futures ratio = Milk price per Hundredweight ÷ Soybeans Futures price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybeans futures per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $12.24 = 1.358. The inverse is 0.7363.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the milk to soybeans futures ratio today?
The milk to soybeans futures ratio is 1.358 — Milk at $16.63 per Hundredweight divided by Soybeans Futures at $12.24 per Bushel, from live mid-market prices.
How do you calculate the milk to soybeans futures ratio?
Divide the milk price per Hundredweight by the soybeans futures price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybeans futures per Hundredweight of milk.
What is the inverse of the milk to soybeans futures ratio?
The inverse, soybeans futures to milk, is 0.7363 — how many Hundredweights of milk one Bushel of soybeans futures buys.