Commodity ratio · live
Milk to Urea Ratio
The milk to urea ratio is 0.04066 — Milk at $16.63 per Hundredweight divided by Urea at $409.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Urea ratio
1.000 Cwt of milk = 0.04066 T of urea
Inverse (UREA/MILK): 24.59 — one Metric Ton of urea buys that much milk.
Close to the middle of its 1 year range. (54th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Urea
$409.00
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of urea per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:28:37 GMT.
1Y average
0.03761
median 0.03938
1Y low
0.02239
Mar 30, 2026
1Y high
0.04837
Dec 1, 2025
Normal band
0.03041–0.04480
mean ± 1 std dev
Deviation from mean
+0.42σ
361 observations
Milk to Urea ratio charts
Pick a range once — it applies to the MILK/UREA ratio line, the OHLC candles and the Milk / Urea price chart below.
MILK/UREA ratio line
How many T of Urea one Cwt of Milk buys, over 1Y.
MILK/UREA ratio candles
Open, high, low and close of the MILK/UREA ratio for each period in the last 1Y.
Milk and Urea 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 urea ratio
Milk to Urea ratio = Milk price per Hundredweight ÷ Urea price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of urea per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $409.00 = 0.04066. The inverse is 24.59.
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 urea ratio today?
The milk to urea ratio is 0.04066 — Milk at $16.63 per Hundredweight divided by Urea at $409.00 per Metric Ton, from live mid-market prices.
How do you calculate the milk to urea ratio?
Divide the milk price per Hundredweight by the urea 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 urea per Hundredweight of milk.
What is the inverse of the milk to urea ratio?
The inverse, urea to milk, is 24.59 — how many Hundredweights of milk one Metric Ton of urea buys.