Milk fell to 17.34 USD/CWT on July 14, 2025, down 0.17% from the previous day. Over the past month, Milk's price has fallen 7.37%, and is down 12.29% 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.

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

The global price per unit in the 'Milk' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 0.4 U.S. dollars (+25.81 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 1.92 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk' segment of the food market was continuously increasing over the past years.Find further information concerning the volume in the 'Confectionery & Snacks' segment of the food market in the United States and the revenue in the 'Fish & Seafood' segment of the food market in China. The Statista Market Insights cover a broad range of additional markets.

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.

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

U.S. Milk Prices: 30 years of historical data from 1995 to 2025.

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.

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

Average consumer prices are calculated for household fuel, motor fuel, and food items from prices collected for the Consumer Price Index (CPI). Average prices are best used to measure the price level in a particular month, not to measure price change over time. It is more appropriate to use CPI index values for the particular item categories to measure price change.

Prices, except for electricity, are collected monthly by BLS representatives in the 75 urban areas priced for the CPI. Electricity prices are collected for the BLS for the same 75 areas on a monthly basis by the Department of Energy using mail questionnaires. All fuel prices include applicable Federal, State, and local taxes; prices for natural gas and electricity also include fuel and purchased gas adjustments.

For more information, please visit the Bureau of Labor Statistics (https://www.bls.gov/cpi/factsheets/average-prices.htm).

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).

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.

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.

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

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.

In 2023, the average price of milk was **** U.S. dollars per unit. Milk alternatives were priced **** U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market was even higher per unit.

For the fifth consecutive year, the global whole fresh milk market recorded growth in sales value, which increased by 5% to $826.8B 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 throughout the analyzed period. Global consumption peaked in 2024 and is likely to continue growth in the near future.

The price per unit in the 'Milk Substitutes' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total 0.5 U.S. dollars (+12.47 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 4.51 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average revenue per user (ARPU) and sales volume change. The Statista Market Insights cover a broad range of additional markets.

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.