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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.
In 2024, the average price of milk was *** U.S. dollars per gallon. Milk alternatives were priced **** U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market amounted to about *** U.S.dollars per pound.
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Milk fell to 17.27 USD/CWT on August 29, 2025, down 0.06% from the previous day. Over the past month, Milk's price has risen 1.17%, but it is still 16.21% 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 September of 2025.
The price per unit in the 'Milk Substitutes' segment of the food market worldwide was modeled to stand at **** U.S. dollars in 2024. Between 2018 and 2024, the price per unit rose by **** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The price per unit will steadily rise by **** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Milk Substitutes.
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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."
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United States Consumer Price: Average: WU: Milk, Fresh data was reported at 2.928 USD/gal in Sep 2018. This records an increase from the previous number of 2.858 USD/gal for Aug 2018. United States Consumer Price: Average: WU: Milk, Fresh data is updated monthly, averaging 2.928 USD/gal from Jul 1995 (Median) to Sep 2018, with 279 observations. The data reached an all-time high of 3.810 USD/gal in Nov 2014 and a record low of 2.420 USD/gal in Apr 2003. United States Consumer Price: Average: WU: Milk, Fresh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.
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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.
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The price of milk represents the price of raw, unprocessed milk received by dairy farmers. Raw milk is sold to processors for the manufacturing of final dairy products, such as fluid milk and cream, butter, cheese and powdered milk and cream. Data is sourced and forecasted from the US Department of Agriculture's National Agricultural Statistics Service.
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United States - Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average was 4.16200 Index in July 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 August of 2025.
This statistic shows projections for nonfat dry milk wholesale prices in the United States from 2010 to 2027. In 2019, it is expected that the wholesale price for one pound of nonfat dry milk in the U.S. will be **** U.S. dollars.
The United States produced about ***** billion pounds of milk for human consumption in 2024. In 2000, this figure amounted to around ***** billion pounds. The volume of cow milk produced worldwide has risen steadily over the last several years. U.S. milk market While milk production has seen an increase over the last several years, milk retail sales have been dropping. The retail price of milk has been fluctuating for the past several years and peaked in 2022 at **** U.S. dollars per gallon. Leading U.S. milk brands Among the dairy brands in the U.S., private label milk has a higher level of sales than any name brand whole milk. Among name brands of whole milk, Hood generated the most dollar sales, at over *** million U.S. dollars in 2022. In the flavored milk category, the leading name brand was TruMoo, which sold nearly ** million units in 2018. However, private label flavored milk sold many more units than even the leading name brand.
In 2023, the average price of milk was 0.64 U.S. dollars per unit. Milk alternatives were priced 0.97 U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market was even higher per unit.
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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPS016) from Jan 1967 to Jul 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
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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).
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Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include organic and non-organic milk."
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In August 2022, the whole fresh milk price per ton stood at $1.1 per kg, growing by 1.7% against the previous month.
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The average whole fresh milk export price stood at $3,417 per ton in May 2025, increasing by 39% against the previous month.
In the United States in 2024, consumers wanting to purchase organic yogurt would have to pay about **** U.S. dollars for ** ounces. * ounces of organic butter would cost an average of **** U.S. dollars.
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The average for 2021 based on 20 countries was 147.33 index points. The highest value was in Aruba: 240.01 index points and the lowest value was in Nicaragua: 89.59 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."