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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.
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Milk fell to 18.73 USD/CWT on June 29, 2025, down 0.21% from the previous day. Over the past month, Milk's price has risen 0.59%, but it is still 5.83% 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 June of 2025.
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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."
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 19.89 U.S. dollars per cwt.
The global price per unit in the 'Milk Substitutes' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 0.4 U.S. dollars (+12.58 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 3.59 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average consumption per capita and sales volume change. The Statista Market Insights cover a broad range of additional markets.
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Explore the multifaceted factors influencing whole milk prices, including production costs, consumer demand, agricultural policies, and global market trends. Understand how these elements contribute to price fluctuations and what they mean for consumers and producers in the dairy industry.
The global price per unit in the 'Milk' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 0.4 U.S. dollars (+25.81 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 1.92 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk' segment of the food market was continuously increasing over the past years.Find further information concerning the volume in the 'Confectionery & Snacks' segment of the food market in the United States and the revenue in the 'Fish & Seafood' segment of the food market in China. The Statista Market Insights cover a broad range of additional markets.
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Explore the factors affecting milk prices in the US as of 2023, including production costs, location, and market demand. Learn how animal feed, labor, fuel, and regional differences impact price fluctuations, and discover the influence of milk alternatives on traditional dairy pricing.
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Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include organic and non-organic milk."
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Monthly national milk cost of production estimates for 2005-present, and annual milk cost of production estimates by State and by size of operation for 2005 to 2012.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Web page with links to Excel files For complete information, please visit https://data.gov.
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Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include organic and non-organic milk.
Average consumer prices are calculated for household fuel, motor fuel, and food items from prices collected for the Consumer Price Index (CPI). Average prices are best used to measure the price level in a particular month, not to measure price change over time. It is more appropriate to use CPI index values for the particular item categories to measure price change.
Prices, except for electricity, are collected monthly by BLS representatives in the 75 urban areas priced for the CPI. Electricity prices are collected for the BLS for the same 75 areas on a monthly basis by the Department of Energy using mail questionnaires. All fuel prices include applicable Federal, State, and local taxes; prices for natural gas and electricity also include fuel and purchased gas adjustments.
For more information, please visit the Bureau of Labor Statistics (https://www.bls.gov/cpi/factsheets/average-prices.htm).
Most milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. Additional information is collected by the Rural Payments Agency (RPA) on the protein and butterfat content of the milk. The UK average farm-gate milk price, protein content and butterfat content is then calculated.
Next update: see the statistics release calendar
For further information please contact:
julie.rumsey@defra.gov.uk
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Get the latest insights on price movement and trend analysis of Raw Milk in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Get the latest insights on price movement and trend analysis of Flavored Milk in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Get the latest insights on price movement and trend analysis of Whole Milk Powder (WMP) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
This publication gives previously published copies of the monthly National Statistics publication on UK milk prices and composition of milk that showed figures for 2024. Each publication gives the figures available at that time. The figures are subject to revision each month as new information becomes available.
The latest publication and accompanying data sets can be found here.
Most milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. Additional information is collected by the Rural Payments Agency (RPA) on the protein and butterfat content of the milk. The UK average farm-gate milk price, protein content and butterfat content is then calculated.
For further information please contact:
https://twitter.com/@defrastats" class="govuk-link">Twitter: @DefraStats
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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPU01610102) from Aug 1973 to May 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
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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.
In 2023, the average price of milk was **** U.S. dollars per unit. Milk alternatives were priced **** U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market was even higher per unit.
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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."