How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was 4.1 U.S. dollars, which was a decrease from the previous year. Milk production Dairy farming is an agricultural business which is engaged in the long-term milk production within the dairy industry. Dairy farming is a large contributor to the overall economy in many states. California, Wisconsin, and Idaho had the highest milk supply in 2022. Continuing the trend of each year breaking the record for milk production, an estimated 228.3 billion pounds of milk were produced in 2023. Milk consumption Since 2011, there has been a steady decline in milk consumption in the United States, with just 65.2 liters consumed per capita compared to 78.3 in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, 35 percent of consumers consumed soy products at least once a week, up from 24 percent in 2010.
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Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk."
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Explore how factors like geographic location, milk type, brand, and market conditions contribute to the varying prices of milk across the United States as of October 2023. Learn how production costs, transportation, and economic shifts impact these fluctuations.
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Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk."
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Milk decreased 0.06 USD/CWT or 0.32% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Milk - values, historical data, forecasts and news - updated on March of 2025.
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Graph and download economic data for Average Price: Milk, Fresh, Skim (Cost per One-Half Gallon/1.9 Liters) in the West Census Region - Urban (APU0400709211) from Jan 1980 to Jul 1984 about dairy products, retail, price, and USA.
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License information was derived automatically
The U.S. whole fresh milk market totaled $116.6B in 2024, standing approx. at the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +3.3% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.1% against 2022 indices.
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Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk."
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk."
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per half-gallon in carton. Includes organic and non-organic milk."
This statistic shows the ten U.S. states with the highest amount of milk production from 2020 to 2023. California, is the leading producer, where over four million pounds of milk were produced in 2023. Milk productionDairy farming is an agricultural business which is engaged in the long-term milk production within the dairy industry. It is a large contributor to the overall economy in many states. California, Wisconsin, New York, Idaho and Pennsylvania had the highest milk supply.The number of U.S. dairy farms has sharply decreased in the last decades, while dairy operations have ever-larger numbers of cows concentrated on a single farm. These extensive dairy farming conditions with a large herd size and a high milk output are seen as a profitable way for the milk industry in order to provide milk at relatively low cost for the consumer. Due to its high milk volume, the main cow used for milk production is the Holstein-Friesian. However, with this intensification of milking cows there comes a corresponding concentration of manure production which causes problems and challenges for the environment such as the risk of elevated nitrogen levels or contaminated ground water.Due to these environmental impacts, many dairy operations in Wisconsin are now facing opposition regarding plans to expand their dairy herds.
2024 saw the average price for a Thanksgiving dinner decline to 58.08 U.S. dollars. In 2022, the average price for a complete Thanksgiving feast in the United States (U.S.) amounted to 64.05 U.S. dollars. The survey dinner includes turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, a relish tray of carrots and celery, pumpkin pie with whipped cream, and beverages of coffee and milk, all in quantities sufficient to serve a family of ten. Despite the recent decrease, there has been a general increase in the average cost for a Thanksgiving family dinner for over three decades. The most rapid increase happened between 2019 and 2022 when the average price grew by almost 40 percent. Turkey prices during Thanksgiving in the U.S. The price of a whole 16-pound turkey in the U.S. was 30.15 U.S. dollars in 2024. This is the highest retail price for a whole turkey since 2018. The price of a whole turkey has increased by close to nine U.S. dollars in comparison to 2021, which is a price increase of over 40.8 percent. Moreover, the average cost of a whole turkey varies among the different U.S. states. In California, for example, a whole 15-pound turkey costs on average 39.85 U.S. dollars, which is the most expensive among all selected states. The turkey is by far the most expensive ingredient for a ten-person Thanksgiving dinner. Several other typically purchased dinner ingredients, such as pumpkin pie mix, sweet potatoes, cubed stuffing mix, dinner rolls, and whole milk cost on average between 2.93 and 4.16 U.S. dollars. Traveling during Thanksgiving in the U.S. The national holiday of Thanksgiving is traditionally celebrated on November 26 in the United States. Close to one-third of Americans prefer to celebrate Thanksgiving at their relatives. Therefore, many Americans travel during Thanksgiving. The number of Thanksgiving holiday travelers in the United States is around 79.86 million. Since 2019, the amount of Thanksgiving travelers has fluctuated but increased by approximately two million. Cars are the preferred mode of transportation during Thanksgiving. Over 92 percent of the people who travel during Thanksgiving do so by car, while about 7.5 percent travel by airplane.
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Pre-packaged, bulk ice cream, sold in cardboard container regardless of package size, flavor, or dietary features. Includes organic and non-organic ice cream."
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Pre-packaged, bulk ice cream, sold in cardboard container regardless of package size, flavor, or dietary features. Includes organic and non-organic ice cream."
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How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was 4.1 U.S. dollars, which was a decrease from the previous year. Milk production Dairy farming is an agricultural business which is engaged in the long-term milk production within the dairy industry. Dairy farming is a large contributor to the overall economy in many states. California, Wisconsin, and Idaho had the highest milk supply in 2022. Continuing the trend of each year breaking the record for milk production, an estimated 228.3 billion pounds of milk were produced in 2023. Milk consumption Since 2011, there has been a steady decline in milk consumption in the United States, with just 65.2 liters consumed per capita compared to 78.3 in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, 35 percent of consumers consumed soy products at least once a week, up from 24 percent in 2010.