Commodity Futures Conversions
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1 Bushel Equals:
- Barley Malt = 34 lbs.
- Barley Grain = 48 lbs.
- Canola = 50 lbs.
- Corn, Sorghum & Rye = 56 lbs.
- Oats = 32 lbs.
- Wheat & Soybeans = 60 lbs.
Bushels to Tonnes:
- Corn, Sorghum & Rye = bushels = 0.0254
- Wheat & Soybeans = bushels x 0.027216
- Barley Grain = bushels = 0.21772
- Oats = bushels x 0.014515
1 Tonne (metric ton) Equals:
- 39.3679 bushels of Corn, Sorghum or Rye
- 36.7437 bushels of Wheat or Soybeans
- 22.046 hundredweight
- 45.9296 bushels of Barley Grain
- 68.8944 bushels of Oats
- 10 quintals
Yields:
- Rye, Corn: bushels per acre x 0.6277 = quintals per hectare
- Wheat: bushels per acre x 0.6725 = quintals per hectare
- Barley Grain: bushels per acre x 0.5380 = quintals per hectare
- Oats: bushels per acre x 0.3587 = quintals per hectare
Ethanol:
- 1 bushel corn = 2.75 gallons ethanol = 18 lbs dried distillers grain
- 1 tonne corn = 101.0 gallons ethanol = 661 lbs dried distillers grain
- 1 tonne sugar = 149.3 gallons ethanol
Crude Oil:
- 1 barrel = 42 US gallons = 34.97 UK (imperial) gallons = 0.136 tonne (approx)
- 1 barrel per day (b/d) = 50 tonnes per year (approx)
Cotton Bales:
- US = 480 lb. (the statistical net bale used by the USDA and ICAC)
- Brazil = 397 lb. (metric bale = 180 kg)
- India = 392 lb. (metric bale = 170 kg)
Live to Lean Hog Conversion:
- Live Hog Price/0.74 = Lean Hog Price
Crack Spread:
- [(2 x $Gasoline) + (1 x $Heating Oil] - (3 x $Crude Oil)
- = $Crack Spread per 3 barrels of Crude Oil
Soybean Crush Spread:
- Soybean Crush = Leg 1 (Soybean Meal Price x 0.022)
- + Leg 2 (Soybean Oil Price x 11) - Leg 3 (Soybean Futures Price)
Butterfly Spread (BF):
- Buy1exp1 - Sell2exp2 - Buy1exp3
- Example: Corn Butterfly Spread = CH11 - 2*CK11 + CN11
Weight Conversion:
- 1 kilogram = 2.2046 pounds
- 1 kilogram = .0011 short tons
- 1 kilogram = .0010 metric tons
- 1 kilogram = .00098 long tons
- 1 short ton = 2,000 pounds
- 1 short ton = 907.18 kilograms
- 1 short ton = .9072 metric tons
- 1 short ton = .8929 long tons
- 1 long ton = 2,240 pounds
- 1 long ton = 1.0160 metric tons
- 1 metric ton = 2,204.6 pounds
- 1 metric ton = 1,000 kilograms
Linear Measurements:
- Kilometer = 1,000 meters = .6214 miles
- Meter = 1 meter = 39.37 inches
- Centimeter = 1/100 meter = .394 inches
- Millimeter = 1/1,000 meter = .0394 inches
- 1 inch = 2.54 centimeters
- 12 inches = 1 foot = 30.48 centimeters
- 3 feet = 1 yard = 91.44 centimeters
- 5280 feet = 1 mile = 1.61 kilometers
- To convert kilometers into miles, multiply by .6214.
- To convert miles into kilometers, divide by .6214.
US Metric Fluid Volume:
- 1 Gallon = 128 fluid ounces = 8 fluid pints = 4 fluid quarts = 3.785 Liters
- 1 Liter = .264 Gallons
Area Measurements:
- 1 acre = 43,560 square feet = 0.40694 hectare
- 1 hectare = 2.4710 acres = 10,000 square meters
- 640 acres = 1 square mile = 259 hectares
U.S. Dry Volumes & Conversions
- 1 pint = 33.6 cubic inches = 0.5506 liter
- 8 quarts = 1 peck = 8.8098 liters
- 1 cubic foot = 28.3169 liters
- 2 pints = 1 quart = 1.1012 liters
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