Milk rose to 17.65 USD/CWT on September 19, 2025, up 0.06% from the previous day. Over the past month, Milk's price has risen 1.38%, but it is still 24.35% 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.

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

Dairy Price Index in World decreased to 152.60 Index Points in August from 154.60 Index Points in July of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

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

In financial year 2024, the Farmgate milk price for milk supplied to Fonterra was **** New Zealand dollars per kilogram of milk solid. This was a decrease from the previous year, in which the Farmgate milk price was **** 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 **** 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.

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.

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.

U.S. Milk Prices - Historical chart and current data through 2025.

View monthly updates and historical trends for US Milk Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

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.

This statistic presents the monthly farm-gate price of raw milk in the European Union (EU-28) from January 2016 to December 2020. The sales price of raw milk has increased in the period under consideration from ***** euros per 100 kilograms in January 2016 to **** euros per 100 kilograms in December 2020. Monthly farm-gate prices reflect the net value of a product once it leaves a farm and take into account the volume of the relevant market. Thus farm-gate prices are equivalent to the value of a product sold by a farm. Farm-gate prices are lower than retail prices as they do not include a number of other cost factors, such as for shipping, handling and storage.

U.S. Milk Prices - Historical chart and current data through 1986.

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

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.

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).

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.

Northeast - Milk Prices - Historical chart and current data through 1990.