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 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 fell to 17.34 USD/CWT on July 14, 2025, down 0.17% from the previous day. Over the past month, Milk's price has fallen 7.37%, and is down 12.29% 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 July of 2025.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Pre-packaged, bulk ice cream, sold in cardboard container regardless of package size, flavor, or dietary features. Includes organic and non-organic ice cream."
In July 2021, the average retail price of *** grams of butter in the city of Tunis in Tunisia stood at **** Tunisian dinars (roughly **** U.S. dollars). One egg cost **** Tunisian dinars (**** U.S. dollars), while fresh milk in bulk had an average price of **** Tunisian dinars (**** U.S. dollars) per liter.
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
Pre-packaged, bulk ice cream, sold in cardboard container regardless of package size, flavor, or dietary features. Includes organic and non-organic ice cream."
The United States produced about ***** billion pounds of milk for human consumption in 2024. In 2000, this figure amounted to around ***** billion pounds. The volume of cow milk produced worldwide has risen steadily over the last several years. U.S. milk market While milk production has seen an increase over the last several years, milk retail sales have been dropping. The retail price of milk has been fluctuating for the past several years and peaked in 2022 at **** U.S. dollars per gallon. Leading U.S. milk brands Among the dairy brands in the U.S., private label milk has a higher level of sales than any name brand whole milk. Among name brands of whole milk, Hood generated the most dollar sales, at over *** million U.S. dollars in 2022. In the flavored milk category, the leading name brand was TruMoo, which sold nearly ** million units in 2018. However, private label flavored milk sold many more units than even the leading name brand.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
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."