Commodity ratio · live
Oats Future to Milk Ratio
The oats future to milk ratio is 19.75 — Oats Future at $328.51 per Bushel divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Oats Future to Milk ratio
1.000 Bu of oats future = 19.754 Cwt of milk
Inverse (MILK/OAT-FUT): 0.05062 — one Hundredweight of milk buys that much oats future.
Close to the middle of its 1 year range. (61th percentile of the last 1 year)
Oats Future
$328.51
per Bushel
Milk
$16.63
per Hundredweight
Unit basis: USD per Bushel ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Bushel of oats future. Prices as of Mon, 24 Aug 2026 11:30:42 GMT.
1Y average
19.36
median 19.49
1Y low
14.23
Jun 30, 2026
1Y high
23.51
Mar 13, 2026
Normal band
17.82–20.89
mean ± 1 std dev
Deviation from mean
+0.26σ
327 observations
Oats Future to Milk ratio charts
Pick a range once — it applies to the OAT-FUT/MILK ratio line, the OHLC candles and the Oats Future / Milk price chart below.
OAT-FUT/MILK ratio line
How many Cwt of Milk one Bu of Oats Future buys, over 1Y.
OAT-FUT/MILK ratio candles
Open, high, low and close of the OAT-FUT/MILK ratio for each period in the last 1Y.
Oats Future and Milk prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the oats future to milk ratio
Oats Future to Milk ratio = Oats Future price per Bushel ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Bushel of oats future — rather than a plain count.
Worked example, live prices: $328.51 ÷ $16.63 = 19.75. The inverse is 0.05062.
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 oats future to milk ratio today?
The oats future to milk ratio is 19.75 — Oats Future at $328.51 per Bushel divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the oats future to milk ratio?
Divide the oats future price per Bushel by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Bushel of oats future.
What is the inverse of the oats future to milk ratio?
The inverse, milk to oats future, is 0.05062 — how many Bushels of oats future one Hundredweight of milk buys.