Milk rose to 18.77 USD/CWT on June 6, 2025, up 0.16% from the previous day. Over the past month, Milk's price has risen 0.16%, but it is still 3.74% 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.

Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include 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 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.

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.

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

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.

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.

Synlait Milk reported NZD955.56M in Cost of Sales for its fiscal semester ending in July of 2024. Data for Synlait Milk | SML - Cost Of Sales including historical, tables and charts were last updated by Trading Economics this last June in 2025.

The FAO Dairy Price Index* was 142.9 points in January 2025. The coronavirus pandemic and the war in Ukraine drove the price of dairy products up throughout 2022. The prices decreased but began to rise again towards the end of 2023.For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated facts and figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.

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 Consumer Price: Average: Milk, Fresh data was reported at 2.913 USD/lb in Oct 2018. This records an increase from the previous number of 2.890 USD/lb for Sep 2018. United States Consumer Price: Average: Milk, Fresh data is updated monthly, averaging 3.119 USD/lb from Jul 1995 (Median) to Oct 2018, with 280 observations. The data reached an all-time high of 3.961 USD/lb in Jul 2008 and a record low of 2.459 USD/lb in Sep 1995. United States Consumer Price: Average: Milk, Fresh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.

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

Historical price and volatility data for Milk in US Dollar across different time periods.

United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the South Census Region - Urban was 4.11900 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 the South Census Region - Urban reached a record high of 4.26300 in January of 2023 and a record low of 3.03000 in July of 2018. 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 the South Census Region - Urban - last updated from the United States Federal Reserve on May of 2025.

The Wholesale Price Index of milk across India during financial year 2024 was over 180. An overall increase in the price index for milk was seen over the years from financial year 2013 in the country.

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.

United States - Producer Price Index by Commodity: Processed Foods and Feeds: Fat Free or Skim Milk was 336.64800 Index Dec 1982=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Fat Free or Skim Milk reached a record high of 346.73800 in November of 2024 and a record low of 99.70000 in November of 1983. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Fat Free or Skim Milk - last updated from the United States Federal Reserve on June of 2025.

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.