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.

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.

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

The price per unit in the 'Milk' segment of the food market in Russia was forecast to continuously increase between 2024 and 2029 by in total 0.6 U.S. dollars (+30.61 percent). After the ninth consecutive increasing year, the price per unit is estimated to reach 2.59 U.S. dollars and therefore a new peak in 2029. Find further information concerning revenue in Finland and revenue in Russia. The Statista Market Insights cover a broad range of additional markets.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPU0161) from Jan 1947 to Feb 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

In January 2025, the average price for a kilogram of milk in Germany was around 54.6 euro cents. This refers to the price dairies purchasing the milk paid to dairy farmers. However, dairies pay individual prices to farmers depending on the business structure, region and time of year, which can result in differences in the milk price. Milk in agriculture is usually invoiced in kilograms, but the food trade usually sells milk in liters. One liter of milk corresponds to around 1.03 kilograms.

Explore the factors influencing Dairy Pure milk prices, including location, retailer strategies, and market conditions. Learn how supply dynamics, promotions, and seasonal changes affect pricing, typically ranging from $3 to $5 per gallon. Discover tips for finding the best value through price comparison and digital resources for current pricing information.

The statistical data generated through the administration of the Federal milk order program is recognized widely as one of the benefits of this program. These data provide comprehensive and accurate information on milk supplies, utilization, and sales, as well as class prices established under the orders and prices paid to dairy farmers (producers). The sources of this data are monthly reports of receipts and utilization, producer payroll reports, and reports of nonpool handlers filed by milk processors (handlers) subject to the provisions of the various milk orders. The local market administrator (MA) uses these reports to determine pool obligations under the order and to verify proper payments to producers. Auditors employed by the MA review handler records to assure the accuracy of reported information. Reporting errors are corrected; if necessary, pool obligations are revised.

After the pool obligations have been determined the local market administrator summarizes the individual handler reports and submits a series of order summary reports to the Market Information Branch (MIB) in Dairy Programs. The MIB summarizes the individual order data and disseminates this information via monthly, bimonthly, and annual releases or publications. Since milk marketing order statistics are based on reports filed by the population of possible reporting firms and not a sample, these statistics are comprehensive. Also, since these individual firm reports are subject to audit and verification, these statistics are accurate.

The Federal milk order statistics database contains historical information, beginning in January 2000, generated by the administration of the Federal milk order program. Most of the information in the database has been published previously by the Market Information Branch in Dairy Programs either on its web site or in the Dairy Market News Report. New users are encouraged to use the "User Guide" to learn how to navigate the search screens. If you are interested in a description of the Federal milk order statistics program, or want current data, in ready made table form, use the "Current Information" link.

Dairy product and egg prices have recently increased due to past and current crises. The average retail value per unit of milk in Mexico amounted to 1.05 U.S. dollars in 2022, and it's expected to rise to rise to 1.07 U.S. dollars.The price per unit of milk is expected to continue to increase even more, and by 2028, it is expected to reach 1.29 U.S. dollars.

Learn about the various factors that impact dairy commodity prices, including supply and demand, trade policies, and weather conditions, and how they affect the prices of milk, cheese, butter, and whey protein on commodity exchanges around the world.

The Kenyan milk market contracted to $4.8B in 2024, approximately equating the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2024; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Milk consumption peaked at $5B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Fresh whole milk, fortified, sold per half-gallon in carton. Includes organic and non-organic milk."

During the financial year 2023, the annual inflation of milk prices in India was over seven percent, the highest in comparison to previous years. The inflation of milk price was even higher than annual food inflation rate which is 6.61 percent for the same year.

In financial year 2024, the Farmgate milk price for milk supplied to Fonterra was 7.83 New Zealand dollars per kilogram of milk solid. This was a decrease from the previous year, in which the Farmgate milk price was 8.22 New Zealand dollars per kilogram of milk solid. Fonterra Co-operative Group Limited Fonterra is a prominent dairy cooperative based in New Zealand and is one of the largest dairy companies in the world. In 2020, Fonterra secured the third position among the top 20 global dairy corporations, as measured by their market share percentage of worldwide milk production. Over the years, the company has played a pivotal role in New Zealand's economy, contributing significantly to the nation's dairy exports. In 2024, Fonterra's sales revenue declined slightly compared to the previous year. Dairy industry in New Zealand New Zealand has a thriving dairy export industry, with dairy products being a significant contributor to the country's economy. During the financial year 2024, New Zealand's dairy industry export revenue reached 23.2 billion New Zealand dollars. Key dairy exports from New Zealand include fluid milk, butter, cheese, and milk powder, with many products finding markets in Asia, particularly China. The industry has faced challenges related to price fluctuations and international trade dynamics, but it continues to be a vital sector in New Zealand's agricultural and export landscape.

The average for 2021 based on 165 countries was 120.42 index points. The highest value was in Aruba: 240.01 index points and the lowest value was in Belarus: 62.14 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

The Ethiopian milk market reached $3B in 2024, flattening at the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $3.4B in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

Explore how factors like geographic location, market demand, and seasonal supply affect the price of skimmed milk at retailers like Lidl. Learn about the impact of distribution costs, retailer markups, and government policies on milk pricing. Stay informed with tips on finding the most current prices and promotions.

In December 2023, the national average retail price of milk per kilogram was 58.34 Indian rupees. The city of Mumbai had the highest average retail price of milk at 58 rupees per kilogram, which was close to the national average.

Explore the factors influencing Nadec milk prices, including market trends, retailer differences, and promotional offers. Learn how to find the most current prices in the Middle East through supermarkets and online platforms, while considering the impact of economic conditions on dairy product pricing.

This statistic shows the producer price of whole fresh milk in Canada from 2010 to 2020. In 2020, the average price received by farmers in Canada amounted to 764 Canadian dollars per metric ton of milk.