Commodity ratio · live

Milk to Wheat, U.S., SRW Ratio

The milk to wheat, u.s., srw ratio is 0.06407 Milk at $16.63 per Hundredweight divided by Wheat, U.S., SRW at $259.54 per Metric Ton.

Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Milk to Wheat, U.S., SRW ratio

0.06407

1.000 Cwt of milk = 0.06407 T of wheat, u.s., srw

Inverse (ZWSRW/MILK): 15.61 — one Metric Ton of wheat, u.s., srw buys that much milk.

Milk

$16.63

per Hundredweight

Wheat, U.S., SRW

$259.54

per Metric Ton

Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of wheat, u.s., srw per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 11:21:37 GMT.

Milk to Wheat, U.S., SRW ratio charts

Pick a range once — it applies to the MILK/ZWSRW ratio line, the OHLC candles and the Milk / Wheat, U.S., SRW price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

MILK/ZWSRW ratio line

How many T of Wheat, U.S., SRW one Cwt of Milk buys, over 1Y.

No overlapping history for MILK/ZWSRW over 1Y. Try a longer range.

MILK/ZWSRW ratio candles

Open, high, low and close of the MILK/ZWSRW ratio for each period in the last 1Y.

No overlapping history for MILK/ZWSRW over 1Y. Try a longer range.

Milk and Wheat, U.S., SRW 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., srw ratio

Milk to Wheat, U.S., SRW ratio = Milk price per Hundredweight ÷ Wheat, U.S., SRW price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of wheat, u.s., srw per Hundredweight of milk — rather than a plain count.

Worked example, live prices: $16.63 ÷ $259.54 = 0.06407. The inverse is 15.61.

Live prices behind the ratio

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Frequently asked questions

What is the milk to wheat, u.s., srw ratio today?

The milk to wheat, u.s., srw ratio is 0.06407 — Milk at $16.63 per Hundredweight divided by Wheat, U.S., SRW at $259.54 per Metric Ton, from live mid-market prices.

How do you calculate the milk to wheat, u.s., srw ratio?

Divide the milk price per Hundredweight by the wheat, u.s., srw 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., srw per Hundredweight of milk.

What is the inverse of the milk to wheat, u.s., srw ratio?

The inverse, wheat, u.s., srw to milk, is 15.61 — how many Hundredweights of milk one Metric Ton of wheat, u.s., srw buys.