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Convert agricultural product prices between per kg, per pound, per ton, and calculate total value.
Convert agricultural product prices between per kilogram, per pound, and per metric ton. Calculate total value from unit price and quantity. Essential for comparing international market prices, negotiating contracts, and valuing your harvest. Supports any currency.
A buyer offered you $0.85 per pound for your wheat. You thought that was a good price compared to the $190 per ton you saw on the commodity exchange. But $0.85/lb = $1,874 per ton — the buyer was offering less than 11% of market price. Unit confusion is the oldest trick in agricultural trading. Always convert before signing.
Agricultural commodities are priced in different units worldwide. Quick comparison and total value calculation.
A: Most of the world uses metric: $/kg for retail, $/ton for bulk. The US uses $/lb for retail and $/bushel for grain commodities. The UK historically used imperial units but now mostly metric. When trading internationally, always specify the unit in writing — verbal agreements are ambiguous.
A: A bushel is a volume unit used in US grain markets. Weight per bushel varies by commodity: corn 56 lb (25.4 kg), wheat/soybeans 60 lb (27.2 kg), oats 32 lb (14.5 kg), barley 48 lb (21.8 kg). To convert $/bushel to $/ton: multiply by (2204.62 / lb per bushel). For corn: $/bu × 39.37 = $/ton.
A: Compare: harvest price + storage cost per month × months stored vs. expected future price. Storage costs typically $0.02-0.05/bushel/month (commercial) or $0.01-0.02 (on-farm). Basis (local cash - futures) often improves from harvest to spring. But price can also decline. Use forward contracts or hedging to lock in prices while storing.