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.

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.

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.

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

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.

The price per unit in the 'Milk Substitutes' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total 0.5 U.S. dollars (+12.47 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 4.51 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 revenue per user (ARPU) and sales volume change. The Statista Market Insights cover a broad range of additional markets.

Graph and download economic data for Average Price: Milk, Fresh, Skim (Cost per One-Half Gallon/1.9 Liters) in U.S. City Average (APU0000709211) from Jan 1980 to May 1986 about dairy products, retail, price, and USA.

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).

The price per unit in the 'Milk' segment of the food market in Russia was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ***** 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' segment of the food market was continuously increasing over the past years.Find further information concerning revenue in Finland and revenue in Russia. The Statista Market Insights cover a broad range of additional markets.

Explore the multifaceted factors influencing whole milk prices, including production costs, consumer demand, agricultural policies, and global market trends. Understand how these elements contribute to price fluctuations and what they mean for consumers and producers in the dairy industry.

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

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 Flavored Milk in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes 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).

Australia Producer Price: Milk: Producer Price: Weighted Average data was reported at 72.000 0.01 AUD/l in 2024. This records a decrease from the previous number of 74.800 0.01 AUD/l for 2023. Australia Producer Price: Milk: Producer Price: Weighted Average data is updated yearly, averaging 27.068 0.01 AUD/l from Jun 1962 (Median) to 2024, with 63 observations. The data reached an all-time high of 74.800 0.01 AUD/l in 2023 and a record low of 5.200 0.01 AUD/l in 1962. Australia Producer Price: Milk: Producer Price: Weighted Average data remains active status in CEIC and is reported by Australian Bureau of Agricultural and Resource Economics and Sciences. The data is categorized under Global Database’s Australia – Table AU.P002: Agricultural Commodity Prices.

In April 2025, the average price for a kilogram of milk in Germany was around **** euro cents. This refers to the price dairies purchasing the milk paid to dairy farmers. However, dairies pay individual prices to farmers depending on the business structure, region and time of year, which can result in differences in the milk price. Milk in agriculture is usually invoiced in kilograms, but the food trade usually sells milk in liters. One liter of milk corresponds to around 1.03 kilograms.

The average retail price of whole milk in Denmark fluctuated recently. It peaked in 2023, as the price of whole milk in retail stores reached on average ***** Danish kroner per liter. This was an increase compared to the previous year. The average retail price of organic whole milk was even higher in 2023 and amounted to **** Danish kroner per liter. Organic milk comes from cows that are not treated with antibiotics and hormones and are on the pasture around *** days a year.   Whole milk consumption  In the period from 2011 to 2023, the consumption volume of whole milk in Denmark increased overall. It grew from nearly ** thousand metric tons to approximately ** thousand metric tons of whole milk. By the end of this period, **** kilograms of whole milk have been consumed per person in the country. Whole milk production  In Denmark, the production volume of whole milk as well as organic whole milk fluctuated. In 2023, the whole milk production volume amounted to nearly *** thousand metric tons. By comparison, the volume of produced organic whole milk was much lower and amounted to **** thousand metric tons in the same year.