Monthly average retail prices for selected products, for Canada, provinces, Whitehorse and Yellowknife. 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.

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.

In February 2025, the average whole fresh milk import price amounted to $773 per ton, increasing by 1.7% against the previous month.

This statistic shows the producer price of whole fresh milk in Canada from 2010 to 2020. In 2020, the average price received by farmers in Canada amounted to 764 Canadian dollars per metric ton of milk.

This statistic shows the average retail price for * liters of partly skimmed milk in Canada from January 2016 to February 2022. The retail price stayed fairly constant for most of 2021, at around *** Canadian dollars, but jumped up to *** Canadian dollars in February 2022.

Monthly average retail prices for selected food 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.

Powdered Milk Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

This table contains 110 series, with data for years 1965 - 1975 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (10 items: Canada;Prince Edward Island;Nova Scotia;New Brunswick; ...); Type of dairy product sold by farmers (11 items: Cream for butter, sold by farmers;Milk for butter;Milk for cheese;Milk for ice cream mix and concentration; ...).

Milk rose to 17.17 USD/CWT on December 2, 2025, up 0.06% from the previous day. Over the past month, Milk's price has risen 1.48%, but it is still 13.50% 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 December of 2025.

View monthly updates and historical trends for Canada Average Retail Price of Partly Skimmed Milk. Source: Statistics Canada. Track economic data with YCh…

The Canadian milk market declined to $11.5B in 2024, which is down by -9.2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 9.6% against the previous year. Over the period under review, the market reached the maximum level at $12.7B in 2023, and then contracted in the following year.

Canada Consumer Price Index (CPI): Food: PS: DP: Dairy Products: Fresh Milk data was reported at 181.400 2002=100 in Mar 2025. This records an increase from the previous number of 180.200 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): Food: PS: DP: Dairy Products: Fresh Milk data is updated monthly, averaging 74.000 2002=100 from Jan 1949 (Median) to Mar 2025, with 915 observations. The data reached an all-time high of 181.400 2002=100 in Mar 2025 and a record low of 10.900 2002=100 in Mar 1949. Canada Consumer Price Index (CPI): Food: PS: DP: Dairy Products: Fresh Milk data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I002: Consumer Price Index: 2002=100.

Explore the diverse milk options and pricing strategies at Walmart Canada, from cow's milk to plant-based alternatives. Learn about regional variances, promotional discounts, and factors influencing milk prices, including government regulations and seasonal changes. Discover how Walmart's Great Value brand provides competitive pricing and how customers can take advantage of Rollback promotions and online grocery services for convenient shopping.

In 2024, the Canadian whole fresh milk market increased by 0.6% to $8.4B for the first time since 2021, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $9.1B. From 2019 to 2024, the growth of the market failed to regain momentum.

View monthly updates and historical trends for Canada Average Retail Price of Evaporated Milk. Source: Statistics Canada. Track economic data with YCharts…

This statistic shows the average retail price for evaporated milk in Canada from January 2015 to February 2022. In February 2022, the average retail price for evaporated milk in Canada was **** Canadian dollars per *** milliliters.

This table contains 6 series, with data for years 1940 - 1964 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Type of dairy product (6 items: Creamery butter-fat;Cheese milk;Milk for concentrated whole milk products;Milk for ice cream mix; ...).

This table contains 6 series, with data for years 1940 - 1964 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Type of dairy product (6 items: Creamery butter-fat;Cheese milk;Milk for concentrated whole milk products;Milk for ice cream mix; ...).

In 2023, supplies from abroad of non-alcoholic beverages, not containing milk increased by 0.3% to 329M litres for the first time since 2020, thus ending a two-year declining trend.

Industry revenue in the Canadian dairy farming industry has steadily expanded, growing at a CAGR of 1.2% over the current period to reach an estimated $11.9 billion in 2025, supported by a 1.3% rise in the most recent year. This growth has been underpinned by a stable national herd size combined with consistent productivity gains through genetic improvement, precision herd management and strong animal welfare standards. Consumption trends have provided an additional boost: national demand for fluid milk, cheese and butter has risen modestly, driven by rapid population increases, immigration and the recovery of out-of-home dining, even as per capita consumption edges lower. On the trade side, Canadian processors continue to benefit from rising US demand for dairy products, increasing their purchases of farm milk in turn, with exports of cheese and skim milk powder growing thanks to market access under CUSMA. However, expanding imports under existing trade agreements and the potential impacts of tariff disputes create some uncertainty for Canadian dairy's market position. The Canadian dairy cattle industry's hallmark supply management system remains the cornerstone of stability, regulating production through quotas, maintaining producer-based pricing and limiting competition from foreign imports. Recently reinforced through federal legislation, this framework ensures that producers and farm profit are shielded from the price volatility common in global dairy markets. It also provides mechanisms to absorb rising costs through farmgate price adjustments, allowing margins to remain relatively stable. While input expenses temporarily eased coming into 2024, pressures from grain markets, energy and logistics are expected to return in 2025, gradually increasing operational costs. Farmers are countering these headwinds with forward feed contracting, precision nutrition systems and risk management programs. If farmers are able to pass on these costs to consumers, this increase in expenses will generate additional industry revenue. Looking forward, the industry faces both opportunities and structural challenges. Consolidation will continue to reshape the sector, with production disproportionately concentrated in Ontario and Quebec as smaller farms exit and economies of scale favour larger players. Population growth, particularly driven by immigration, will sustain broad demand for dairy products, even as changing consumer preferences, including the rise of plant-based alternatives, contribute to a gradual decline in per capita dairy intake. Climate change also poses long-term risks through feed scarcity, heat stress and extreme weather, necessitating sustained investment in adaptive technologies and resilient genetics. Balanced against these challenges, industry revenue is forecast to grow at a CAGR of 1.4% through 2030, reaching $12.7 billion, supported by stable herd productivity, steady demand growth and the continued strength of the supply management framework.