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.

Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include organic and non-organic milk."

Milk rose to 17.15 USD/CWT on October 7, 2025, up 0.70% from the previous day. Over the past month, Milk's price has fallen 2.89%, and is down 24.18% compared to the same time last year, 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 October of 2025.

View monthly updates and historical trends for US Milk Farm Price Received. from United States. Source: US Department of Agriculture. Track economic data …

During the financial year 2023, the annual inflation of milk prices in India was over ***** percent, the highest in comparison to previous years. The inflation of milk price was even higher than annual food inflation rate which is **** percent for the same year.

The Wholesale Price Index of milk across India during financial year 2024 was over ***. An overall increase in the price index for milk was seen over the years from financial year 2013 in the country.

Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."

This statistic shows the average annual output price of milk in the United Kingdom from 1994 to 2022, in index format. Since 2000, the output price index of milk has steadily increased, until 2022 when the index price shot up to a peak of 180 points.

The price per unit in the 'Milk Substitutes' segment of the food market worldwide was modeled to stand at **** U.S. dollars in 2024. Between 2018 and 2024, the price per unit rose by **** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The price per unit will steadily rise by **** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Milk Substitutes.

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.

The farm gate price of cow's milk in Ireland increased between the years of 2016 and 2023. From 2016 to 2017, there was a large increase of approximately 30 percent in the farm gate price. In 2023, the farm gate price was over 40 euros per 100 liters.

For the fifth year in a row, the global whole fresh milk market recorded growth in sales value, which increased by 4.8% to $825.3B in 2024. The market value increased at an average annual rate of +2.8% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs in 2024 and is likely to see gradual growth in the near future.

Dairy Price Index in World decreased to 148.30 Index Points in September from 152.30 Index Points in August of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPU01610102) from Aug 1973 to Aug 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

After five years of growth, the Asia-Pacific whole fresh milk market decreased by -1.7% to $336.1B in 2024. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $341.9B in 2023, and then shrank slightly in the following year.

India Consumer Price Index (CPI): Food and Beverages: Milk and Milk Product data was reported at 188.000 2012=100 in Mar 2025. This records an increase from the previous number of 187.900 2012=100 for Feb 2025. India Consumer Price Index (CPI): Food and Beverages: Milk and Milk Product data is updated monthly, averaging 141.100 2012=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 188.000 2012=100 in Mar 2025 and a record low of 82.700 2012=100 in Jan 2011. India Consumer Price Index (CPI): Food and Beverages: Milk and Milk Product data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.IB001: Consumer Price Index: 2012=100.

Pakistan Average Retail Price: Fresh Milk data was reported at 82.750 PKR/l in 2018. This records an increase from the previous number of 80.590 PKR/l for 2017. Pakistan Average Retail Price: Fresh Milk data is updated yearly, averaging 20.245 PKR/l from Jun 1991 (Median) to 2018, with 28 observations. The data reached an all-time high of 82.750 PKR/l in 2018 and a record low of 7.710 PKR/l in 1991. Pakistan Average Retail Price: Fresh Milk data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.P001: Average Retail Price.

In the financial year 2024, the price index of milk in Australia was estimated to be ***** index points. The source predicted that the price index of milk in the fiscal year 2025 would decrease to ***** index points.