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."

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.

This statistic shows the average annual output price of milk in the United Kingdom from 1994 to 2022, in index format. Since 2000, the output price index of milk has steadily increased, until 2022 when the index price shot up to a peak of 180 points.

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 ***** U.S. dollars per cwt.

During the financial year 2023, the annual inflation of milk prices in India was over ***** percent, the highest in comparison to previous years. The inflation of milk price was even higher than annual food inflation rate which is **** percent for the same year.

View monthly updates and historical trends for US Milk Farm Price Received. from United States. Source: US Department of Agriculture. Track economic data …

Dairy Price Index in World decreased to 142.20 Index Points in October from 147.20 Index Points in September of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

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

The Wholesale Price Index of milk across India during financial year 2024 was over ***. An overall increase in the price index for milk was seen over the years from financial year 2013 in the country.

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

The farm gate price of cow's milk in Ireland increased between the years of 2016 and 2023. From 2016 to 2017, there was a large increase of approximately 30 percent in the farm gate price. In 2023, the farm gate price was over 40 euros per 100 liters.

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.

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.

For the fifth year in a row, the global whole fresh milk market recorded growth in sales value, which increased by 4.8% to $825.4B 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 in certain years. Global consumption peaked in 2024 and is expected to retain growth in the immediate term.

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; ...).

Data from the U.S. justice department investigation involving school milk cartons that took place during the early 1990s.

• Bids: Bid level in cents as the dependent variable. We score the bids as a weighted average of each type of milk based on the quantity ordered.
• Raw milk prices: Class 1 minimum raw milk price. This is a price floor for milk producers on the price of raw milk set by Federal Marketing Order 126, Zone 1. Zone 1 corresponds to Dallas. The raw milk prices involves an adjustment for the different zones within Texas. Class 1 refers to the type of milk product, liquid dairy.
• Gasoline prices: U.S. crude oil first purchase price measured in cents. We believe this is the most general oil price possible.
• Population: The number of people in the school district according to the 1990 census.
• Quantity: The quantity of milk to be supplied. This is measured in half-pints. A half-pint corresponds to roughly a carton of milk.
• Meals: The number of meals served at the school over the course of year (for which milk is to be supplied).
• No. Bidders: The number of bidders who entered the auction.
• Escalated: Where bids adjusted for fluctuations in the raw milk.
• Cooler: Coolers are for keeping the milk cold and storing it. This variable indicates whether a cooler should be provided as part of the contract.
• Zone: A binary variables that indicates the zone the school districts are in within the Federal Marketing Order. The zones are different distances from the milk processors plants and have different prices for raw milk based on a fixed differential compared to the Dallas baseline. We label the zones based on distinguishable urban areas. The areas are Dallas (Zone 1), Waco (Zone 3), St. Angelo (Zone 6), Austin (Zone 7), San Antonio (zone 9).
• Escalation: Whether bids are adjusted for changes in the cost of raw milk through out the school year.
• Incumbency: This indicates whether a firm served the school district more than 50 percent of years.

See the corresponding github repo for more information: https://github.com/ericschulman/tx_milk_2yp

In 2024, after four years of growth, there was decline in the Asian whole fresh milk market, when its value decreased by -1.7% to $353.4B. The market value increased at an average annual rate of +3.6% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $359.6B in 2023, and then fell in the following year.

Graph and download economic data for Wholesale Price of Evaporated Milk for United States (M0425BUSM281NNBR) from Jan 1920 to Nov 1941 about milk, wholesale, price, and USA.