Commodity ratio · live
Wool to Milk Ratio
The wool to milk ratio is 109.0 — Wool at $1,812.00 per 100 Kilogram divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wool to Milk ratio
1.000 100 Kg of wool = 108.960 Cwt of milk
Inverse (MILK/WOOL): 0.009178 — one Hundredweight of milk buys that much wool.
Close to the middle of its 1 year range. (57th percentile of the last 1 year)
Wool
AU$1,812.00
per 100 Kilogram
Milk
$16.63
per Hundredweight
Unit basis: AUD per 100 Kilogram ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per 100 Kilogram of wool. Prices as of Mon, 24 Aug 2026 10:24:45 GMT.
These two commodities are quoted in different currencies (AUD and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
102.2
median 107.4
1Y low
5.807
May 6, 2026
1Y high
125.8
Jul 1, 2026
Normal band
85.10–119.3
mean ± 1 std dev
Deviation from mean
+0.40σ
361 observations
Wool to Milk ratio charts
Pick a range once — it applies to the WOOL/MILK ratio line, the OHLC candles and the Wool / Milk price chart below.
WOOL/MILK ratio line
How many Cwt of Milk one 100 Kg of Wool buys, over 1Y.
WOOL/MILK ratio candles
Open, high, low and close of the WOOL/MILK ratio for each period in the last 1Y.
Wool 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 wool to milk ratio
Wool to Milk ratio = Wool price per 100 Kilogram ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per 100 Kilogram of wool — rather than a plain count.
Worked example, live prices: $1,812.00 ÷ $16.63 = 109.0. The inverse is 0.009178.
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 wool to milk ratio today?
The wool to milk ratio is 109.0 — Wool at $1,812.00 per 100 Kilogram divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the wool to milk ratio?
Divide the wool price per 100 Kilogram 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 100 Kilogram of wool.
What is the inverse of the wool to milk ratio?
The inverse, milk to wool, is 0.009178 — how many 100 Kilograms of wool one Hundredweight of milk buys.