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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.
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.
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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPU016101) from Jul 1991 to May 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
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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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."
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United States Consumer Price: Average: WU: Milk, Fresh data was reported at 2.928 USD/gal in Sep 2018. This records an increase from the previous number of 2.858 USD/gal for Aug 2018. United States Consumer Price: Average: WU: Milk, Fresh data is updated monthly, averaging 2.928 USD/gal from Jul 1995 (Median) to Sep 2018, with 279 observations. The data reached an all-time high of 3.810 USD/gal in Nov 2014 and a record low of 2.420 USD/gal in Apr 2003. United States Consumer Price: Average: WU: Milk, Fresh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.
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 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).
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Milk Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.
This statistic shows projections for nonfat dry milk wholesale prices in the United States from 2010 to 2027. In 2019, it is expected that the wholesale price for one pound of nonfat dry milk in the U.S. will be 0.89 U.S. dollars.
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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In August 2022, the whole fresh milk price per ton stood at $1.1 per kg, growing by 1.7% against the previous month.
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Graph and download economic data for Producer Price Index by Industry: Fluid Milk Manufacturing (PCU311511311511) from Dec 1982 to May 2025 about milk, dairy, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
In the United States in 2024, consumers wanting to purchase organic yogurt would have to pay about 2.81 U.S. dollars for 32 ounces. 8 ounces of organic butter would cost an average of 2.78 U.S. dollars.
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United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average was 4.07400 Index in April 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 May of 2025.
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Dairy Price Index in World increased to 153.50 Index Points in May from 152.20 Index Points in April of 2025. This dataset includes a chart with historical data for World Dairy Price Index.
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In April 2025, the average fluid milk export price amounted to $3,338 per ton, with an increase of 2.2% against the previous month.
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In 2023, approx. 6.2K tons of skim milk were exported from the United States; reducing by -66% compared with 2022 figures.
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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."