Commodity ratio · live
Soybean Oil to Milk Ratio
The soybean oil to milk ratio is 0.04091 — Soybean Oil at $0.6804 per Pound divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Oil to Milk ratio
1.000 Lb of soybean oil = 0.04091 Cwt of milk
Inverse (MILK/ZL): 24.44 — one Hundredweight of milk buys that much soybean oil.
Close to the middle of its 1 year range. (62th percentile of the last 1 year)
Soybean Oil
¢0.6804
per Pound
Milk
$16.63
per Hundredweight
Unit basis: US Cent per Pound ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 10:27:48 GMT.
1Y average
0.03711
median 0.03884
1Y low
0.02773
Sep 23, 2025
1Y high
0.04782
Jun 3, 2026
Normal band
0.03123–0.04298
mean ± 1 std dev
Deviation from mean
+0.65σ
251 observations
Soybean Oil to Milk ratio charts
Pick a range once — it applies to the ZL/MILK ratio line, the OHLC candles and the Soybean Oil / Milk price chart below.
ZL/MILK ratio line
How many Cwt of Milk one Lb of Soybean Oil buys, over 1Y.
ZL/MILK ratio candles
Open, high, low and close of the ZL/MILK ratio for each period in the last 1Y.
Soybean Oil 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 soybean oil to milk ratio
Soybean Oil to Milk ratio = Soybean Oil price per Pound ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6804 ÷ $16.63 = 0.04091. The inverse is 24.44.
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 soybean oil to milk ratio today?
The soybean oil to milk ratio is 0.04091 — Soybean Oil at $0.6804 per Pound divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the soybean oil to milk ratio?
Divide the soybean oil price per Pound 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 Pound of soybean oil.
What is the inverse of the soybean oil to milk ratio?
The inverse, milk to soybean oil, is 24.44 — how many Pounds of soybean oil one Hundredweight of milk buys.