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

Milk rose to 17.38 USD/CWT on July 15, 2025, up 0.06% from the previous day. Over the past month, Milk's price has fallen 7.16%, and is down 12.04% 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.

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.

Dairy Price Index in World increased to 154.40 Index Points in June from 153.60 Index Points in May of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

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.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPU0161) from Jan 1947 to May 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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

United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average was 4.02200 Index in May 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 July of 2025.

United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the Northeast Census Region - Urban was 4.42000 Index in October of 2024, according to the United States Federal Reserve. Historically, United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the Northeast Census Region - Urban reached a record high of 4.66900 in May of 2022 and a record low of 2.45000 in July 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 the Northeast Census Region - Urban - last updated from the United States Federal Reserve on July of 2025.

Vietnam: Milk, cheese, and eggs price index, world average = 100: The latest value from 2021 is 95.36 index points, a decline from 96.54 index points in 2017. In comparison, the world average is 120.42 index points, based on data from 165 countries. Historically, the average for Vietnam from 2017 to 2021 is 95.95 index points. The minimum value, 95.36 index points, was reached in 2021 while the maximum of 96.54 index points was recorded in 2017.

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.

United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in the South Census Region - Urban was 4.01400 Index in May 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 4.38100 in July of 2008 and a record low of 2.42000 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 the South Census Region - Urban - last updated from the United States Federal Reserve on July of 2025.

Germany: Milk, cheese, and eggs price index, world average = 100: The latest value from 2021 is 96.61 index points, an increase from 90.25 index points in 2017. In comparison, the world average is 120.42 index points, based on data from 165 countries. Historically, the average for Germany from 2017 to 2021 is 93.43 index points. The minimum value, 90.25 index points, was reached in 2017 while the maximum of 96.61 index points was recorded in 2021.

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

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.

The Ivory Coast: Milk, cheese, and eggs price index, world average = 100: The latest value from 2021 is 140.61 index points, a decline from 140.94 index points in 2017. In comparison, the world average is 120.42 index points, based on data from 165 countries. Historically, the average for the Ivory Coast from 2017 to 2021 is 140.78 index points. The minimum value, 140.61 index points, was reached in 2021 while the maximum of 140.94 index points was recorded in 2017.

This statistic illustrates the average farmgate (producer) milk price in the United Kingdom (UK) from 2003 to 2015. In 2011, the average farmgate milk price was ***** pence per liter in the United Kingdom.

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).

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.