Commodity ratio · live
Milk to Wool Ratio
The milk to wool ratio is 0.009178 — Milk at $16.63 per Hundredweight divided by Wool at $1,812.00 per 100 Kilogram.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Wool ratio
1.000 Cwt of milk = 0.009178 100 Kg of wool
Inverse (WOOL/MILK): 109.0 — one 100 Kilogram of wool buys that much milk.
Close to the middle of its 1 year range. (43th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Wool
AU$1,812.00
per 100 Kilogram
Unit basis: USD per Hundredweight ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:24:47 GMT.
These two commodities are quoted in different currencies (USD and AUD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01127
median 0.009315
1Y low
0.007952
Jul 1, 2026
1Y high
0.1722
May 6, 2026
Normal band
0.000–0.02594
mean ± 1 std dev
Deviation from mean
-0.14σ
361 observations
Milk to Wool ratio charts
Pick a range once — it applies to the MILK/WOOL ratio line, the OHLC candles and the Milk / Wool price chart below.
MILK/WOOL ratio line
How many 100 Kg of Wool one Cwt of Milk buys, over 1Y.
MILK/WOOL ratio candles
Open, high, low and close of the MILK/WOOL ratio for each period in the last 1Y.
Milk and Wool 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 wool ratio
Milk to Wool ratio = Milk price per Hundredweight ÷ Wool price per 100 Kilogram
The two legs use different units, so the result is a rate — 100 Kilograms of wool per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $1,812.00 = 0.009178. The inverse is 109.0.
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 wool ratio today?
The milk to wool ratio is 0.009178 — Milk at $16.63 per Hundredweight divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.
How do you calculate the milk to wool ratio?
Divide the milk price per Hundredweight by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Hundredweight of milk.
What is the inverse of the milk to wool ratio?
The inverse, wool to milk, is 109.0 — how many Hundredweights of milk one 100 Kilogram of wool buys.