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.

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 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.

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.

This graph depicts the Consumer Price Index (CPI) of dairy products and eggs in France from May 2020 to December 2024. In May 2020, the CPI reached 103.72, while in December 2024, it had increased, reaching 131.51.

For the fifth consecutive year, the global whole fresh milk market recorded growth in sales value, which increased by 5% to $826.8B in 2024. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2024 and is likely to continue growth in the near future.

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).

Get the latest insights on price movement and trend analysis of Anhydrous Milk Fat in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The Ghanian milk market was estimated at $39M in 2024, approximately equating the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $41M. From 2014 to 2024, the growth of the market remained at a lower figure.

Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk. Discontinued series, last published September 1992.

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).

Serbia Average Retail Price: Milk & Dairy Products: Milk data was reported at 87.470 RSD/l in 2016. This records an increase from the previous number of 84.330 RSD/l for 2015. Serbia Average Retail Price: Milk & Dairy Products: Milk data is updated yearly, averaging 37.250 RSD/l from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 87.470 RSD/l in 2016 and a record low of 2.460 RSD/l in 1996. Serbia Average Retail Price: Milk & Dairy Products: Milk data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.P001: Average Retail Prices.

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.

Milk price of Nova Scotia climb by 2.82% from 908 dollars per kilolitre in 2024M9 to 934 dollars per kilolitre in 2024M10. Since the 1.99% decrease in 2024M7, milk price increased by 3.58% in 2024M10.

The price per unit in the 'Milk Substitutes' segment of the food market in the European Union was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+**** percent). After the tenth consecutive increasing year, the price per unit is estimated to reach **** 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 more key insights for the price per unit in countries and regions like the average volume per capita in the 'Milk Substitutes' segment of the food market in European Union (EU27) and the volume in the 'Milk' segment of the food market in Finland.The Statista Market Insights cover a broad range of additional markets.

After seven years of growth, the Indian milk market decreased by -3.6% to $174.5B in 2024. Overall, the total consumption indicated buoyant growth from 2012 to 2024: its value increased at an average annual rate of +6.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +103.5% against 2012 indices.

Latvia Average Retail Price: Milk data was reported at 0.870 EUR/l in 2017. This records an increase from the previous number of 0.720 EUR/l for 2016. Latvia Average Retail Price: Milk data is updated yearly, averaging 0.550 EUR/l from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 0.890 EUR/l in 2014 and a record low of 0.310 EUR/l in 2000. Latvia Average Retail Price: Milk data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.P001: Average Retail Price.

Get the latest insights on price movement and trend analysis of Whole Milk Powder (WMP) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Pakistan Average Retail Price: Fresh Milk data was reported at 82.750 PKR/l in 2018. This records an increase from the previous number of 80.590 PKR/l for 2017. Pakistan Average Retail Price: Fresh Milk data is updated yearly, averaging 20.245 PKR/l from Jun 1991 (Median) to 2018, with 28 observations. The data reached an all-time high of 82.750 PKR/l in 2018 and a record low of 7.710 PKR/l in 1991. Pakistan Average Retail Price: Fresh Milk data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.P001: Average Retail Price.