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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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Milk rose to 17.39 USD/CWT on August 22, 2025, up 0.06% from the previous day. Over the past month, Milk's price has remained flat, but it is still 15.83% 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 August 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.
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.
Most milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. Additional information is collected by the Rural Payments Agency (RPA) on the protein and butterfat content of the milk. The UK average farm-gate milk price, protein content and butterfat content is then calculated.
Data from the milk production and composition statistics are an invaluable evidence base for policy makers, academics and researchers. The data is also heavily relied upon by the UK dairy sector, as well as the AHDB. The milk production and composition data is used to understand the current state of the UK dairy sector, predict supply shortages and forecast future milk prices.
As part of our ongoing commitment to compliance with the https://code.statisticsauthority.gov.uk/" class="govuk-link">Code of Practice for Official Statistics we wish to strengthen our engagement with users of milk production and composition data and better understand the use made of them and the types of decisions that they inform. Consequently, we invite users to register as a user of the milk production and composition data, so that we can retain your details and inform you of any new releases and provide you with the opportunity to take part in user engagement activities that we may run. If you would like to register as a user of the milk production and composition data, please provide your details in the attached form.
Next update: see the statistics release calendar
For further information please contact:
julie.rumsey@defra.gov.uk
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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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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Raw Milk (WPU01610102) from Aug 1973 to Jul 2025 about milk, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
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Dairy Price Index in World decreased to 155.30 Index Points in July from 155.50 Index Points in June of 2025. This dataset includes a chart with historical data for World Dairy Price Index.
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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).
The price per unit in the 'Milk' segment of the food market worldwide was modeled to be **** U.S. dollars in 2024. Following a continuous upward trend, the price per unit has risen by **** U.S. dollars since 2018. Between 2024 and 2030, the price per unit will rise by *** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Milk.
This publication gives previously published copies of the monthly National Statistics publication on UK milk prices and composition of milk that showed figures for 2024. Each publication gives the figures available at that time. The figures are subject to revision each month as new information becomes available.
The latest publication and accompanying data sets can be found here.
Most milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. Additional information is collected by the Rural Payments Agency (RPA) on the protein and butterfat content of the milk. The UK average farm-gate milk price, protein content and butterfat content is then calculated.
For further information please contact:
https://twitter.com/@defrastats" class="govuk-link">Twitter: @DefraStats
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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.
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Most milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. The UK average farm-gate milk price, protein content and butterfat content is then calculated.
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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The global whole fresh milk market expanded slightly to $825.4B in 2024, with an increase of 4.8% against the previous year. 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 throughout the analyzed period. Global consumption peaked in 2024 and is likely to continue growth in years to come.
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Explore how USDA milk prices impact the agricultural economy, focusing on dairy farmers and milk production. Learn about the Federal Milk Marketing Orders (FMMO), market dynamics, and the complex system setting prices for milk classes, as well as factors like seasonal fluctuations and international trade influences.
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Monthly national milk cost of production estimates for 2005-present, and annual milk cost of production estimates by State and by size of operation for 2005 to 2012.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Web page with links to Excel files For complete information, please visit https://data.gov.
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Learn about the challenges facing the EU dairy sector, including the end of milk quotas and global market downturns, and how the Common Agricultural Policy aims to regulate milk production and stabilize prices. Discover the reasons behind the variations in milk prices among member states, and the EU's measures to support the dairy sector amidst price volatility.
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.
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Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."