https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."
How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was *** 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 ***** 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 **** liters consumed per capita compared to **** in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, ** percent of consumers consumed soy products at least once a week, up from ** percent in 2010.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per gallon regardless of packaging type. 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
Explore the factors influencing milk prices in the United States, from geographical variability and market dynamics to consumer trends and regulatory policies, and understand how these elements create fluctuations in the cost of a gallon of milk.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Average Price: Milk, Fresh, Skim (Cost per One-Half Gallon/1.9 Liters) in U.S. City Average (APU0000709211) from Jan 1980 to May 1986 about dairy products, retail, price, and USA.
This statistic shows projections for milk prices in the United States from 2019 to 2028. In 2028, it is expected that the price for milk in the U.S. will be ***** U.S. dollars per cwt.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average was 4.16200 Index in July of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average reached a record high of 4.21800 in November of 2022 and a record low of 2.45900 in September of 1995. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average - last updated from the United States Federal Reserve on August of 2025.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include 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 rose to 17.57 USD/CWT on September 26, 2025, up 0.11% from the previous day. Over the past month, Milk's price has risen 1.09%, but it is still 24.59% lower than a year ago, 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 September of 2025.
In 2024, the average price of milk was *** U.S. dollars per gallon. Milk alternatives were priced **** U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market amounted to about *** U.S.dollars per pound.
The average retail price for homogenized milk hit an all-time high with **** Canadian dollars per four liters in February 2022 in Canada.
What is homogenized milk?
Homogenization is the process of breaking down the fat molecules within milk to ensure that they do not separate. This prevents the fat molecules rising to the top and creating a layer of cream, therefore creating a more consistent product with a longer shelf life. Homogenization generally occurs after pasteurization, which is a heating process to eliminate bacteria.
The Canadian milk market
The volume of milk produced in Canada has steadily risen year-on-year to reach approximately ***** million hectoliters in 2020. Quebec and Ontario are the provincial frontrunners in milk production, both producing over ** million hectoliters in that year. Quebec and Ontario are also home to the largest number of certified organic milk producers in Canada.
Monthly average retail prices for selected products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the Northeast Census Region - Urban was 4.42000 Index in October of 2024, according to the United States Federal Reserve. Historically, United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the Northeast Census Region - Urban reached a record high of 4.66900 in May of 2022 and a record low of 2.45000 in July of 1995. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the Northeast Census Region - Urban - last updated from the United States Federal Reserve on August of 2025.
This statistic shows the average retail prices of selected baking ingredients in the United States in 2015 and 2016. In 2016, the average price of a gallon of whole milk in the U.S. amounted to some **** U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the South Census Region - Urban was 4.17700 Index in July of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the South Census Region - Urban reached a record high of 4.38100 in July of 2008 and a record low of 2.42000 in September of 1995. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the South Census Region - Urban - last updated from the United States Federal Reserve on September of 2025.
The average retail price of whole milk in Denmark fluctuated recently. It peaked in 2023, as the price of whole milk in retail stores reached on average ***** Danish kroner per liter. This was an increase compared to the previous year. The average retail price of organic whole milk was even higher in 2023 and amounted to **** Danish kroner per liter. Organic milk comes from cows that are not treated with antibiotics and hormones and are on the pasture around *** days a year. Whole milk consumption In the period from 2011 to 2023, the consumption volume of whole milk in Denmark increased overall. It grew from nearly ** thousand metric tons to approximately ** thousand metric tons of whole milk. By the end of this period, **** kilograms of whole milk have been consumed per person in the country. Whole milk production In Denmark, the production volume of whole milk as well as organic whole milk fluctuated. In 2023, the whole milk production volume amounted to nearly *** thousand metric tons. By comparison, the volume of produced organic whole milk was much lower and amounted to **** thousand metric tons in the same year.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."
In 2021, the retail price of one liter of milk in Canada was on average **** Canadian dollars, with some regional differences. For instance, in Quebec, one liter of milk cost **** Canadian dollars on average, while it cost **** Canadian dollars in Ontario.
Milk production in Canada
Canada featured among the leading producers of cow milk worldwide, with a production volume exceeding ** million metric tons in 2021. Although this production volume pales in comparison to that of the EU-27 or the United States, Canada’s dairy farming industry is among the most important agricultural sectors in the country. Dairy farms in Canada were home to more than ******* milk cows in 2021. In addition to being the provinces with the largest number of milk cows in the country, Quebec and Ontario also produced the largest volume of milk in Canada in 2020, at around ** million and ** million hectoliters, respectively.
Milk consumption in Canada
Since 2004, consumption of milk per capita in Canada has been steadily declining, with a significant decrease of more than twenty liters per capita between 2004 and 2019. This can be attributed to the emergence of new consumption habits and the rise of non-dairy substitutes for milk such as soy milk, almond milk, coconut milk and others, which appeal primarily but not exclusively to people following plant-based diets. It was estimated that the milk substitute market in Canada would generate approximately *** million U.S. dollars in revenues in 2022.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per gallon regardless of packaging type. 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
United States - Average Price: Milk, Fresh, Low-Fat, Reduced Fat, Skim (Cost per Gallon/3.8 Liters) in the South Census Region - Urban was 3.57700 Index in May of 2024, according to the United States Federal Reserve. Historically, United States - Average Price: Milk, Fresh, Low-Fat, Reduced Fat, Skim (Cost per Gallon/3.8 Liters) in the South Census Region - Urban reached a record high of 3.99000 in May of 2022 and a record low of 2.64900 in July of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Milk, Fresh, Low-Fat, Reduced Fat, Skim (Cost per Gallon/3.8 Liters) in the South Census Region - Urban - last updated from the United States Federal Reserve on September of 2025.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."