Commodity ratio · live
Milk to Wheat, U.S., HRW Ratio
The milk to wheat, u.s., hrw ratio is 0.05488 — Milk at $16.63 per Hundredweight divided by Wheat, U.S., HRW at $303.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:20 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Wheat, U.S., HRW ratio
1.000 Cwt of milk = 0.05488 T of wheat, u.s., hrw
Inverse (ZWHRW/MILK): 18.22 — one Metric Ton of wheat, u.s., hrw buys that much milk.
Milk
$16.63
per Hundredweight
Wheat, U.S., HRW
$303.00
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of wheat, u.s., hrw per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 11:20:39 GMT.
Milk to Wheat, U.S., HRW ratio charts
Pick a range once — it applies to the MILK/ZWHRW ratio line, the OHLC candles and the Milk / Wheat, U.S., HRW price chart below.
MILK/ZWHRW ratio line
How many T of Wheat, U.S., HRW one Cwt of Milk buys, over 1Y.
No overlapping history for MILK/ZWHRW over 1Y. Try a longer range.
MILK/ZWHRW ratio candles
Open, high, low and close of the MILK/ZWHRW ratio for each period in the last 1Y.
No overlapping history for MILK/ZWHRW over 1Y. Try a longer range.
Milk and Wheat, U.S., HRW 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 wheat, u.s., hrw ratio
Milk to Wheat, U.S., HRW ratio = Milk price per Hundredweight ÷ Wheat, U.S., HRW price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of wheat, u.s., hrw per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $303.00 = 0.05488. The inverse is 18.22.
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 wheat, u.s., hrw ratio today?
The milk to wheat, u.s., hrw ratio is 0.05488 — Milk at $16.63 per Hundredweight divided by Wheat, U.S., HRW at $303.00 per Metric Ton, from live mid-market prices.
How do you calculate the milk to wheat, u.s., hrw ratio?
Divide the milk price per Hundredweight by the wheat, u.s., hrw 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 wheat, u.s., hrw per Hundredweight of milk.
What is the inverse of the milk to wheat, u.s., hrw ratio?
The inverse, wheat, u.s., hrw to milk, is 18.22 — how many Hundredweights of milk one Metric Ton of wheat, u.s., hrw buys.