Milk rose to 18.67 USD/CWT on June 23, 2025, up 0.05% from the previous day. Over the past month, Milk's price has risen 0.32%, but it is still 6.28% 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 June of 2025.

How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was 4.1 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 228.3 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 65.2 liters consumed per capita compared to 78.3 in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, 35 percent of consumers consumed soy products at least once a week, up from 24 percent in 2010.

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

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).

Dairy Price Index in World increased to 153.50 Index Points in May from 152.20 Index Points in April of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

The price per unit in the 'Milk' segment of the food market in Russia was forecast to continuously increase between 2025 and 2030 by in total 0.5 U.S. dollars (+23.81 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 2.64 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 revenue in Finland and revenue in Russia. The Statista Market Insights cover a broad range of additional markets.

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

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.

The global whole fresh milk market expanded significantly to $832.3B in 2024, surging by 5.7% 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 in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by 6%. Global consumption peaked in 2024 and is likely to see gradual growth in the immediate term.

This Dataset contains state-wise daily wholesale and retail price of essential commodity Milk

Get the latest insights on price movement and trend analysis of Flavored Milk in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

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.

Retail Price: DOAC: Milk: Cow, Buffalo: Uttar Pradesh: Saharanpur data was reported at 62.000 INR/l in Mar 2023. This stayed constant from the previous number of 62.000 INR/l for Feb 2023. Retail Price: DOAC: Milk: Cow, Buffalo: Uttar Pradesh: Saharanpur data is updated monthly, averaging 49.000 INR/l from Nov 2005 (Median) to Mar 2023, with 164 observations. The data reached an all-time high of 62.000 INR/l in Mar 2023 and a record low of 16.000 INR/l in Feb 2006. Retail Price: DOAC: Milk: Cow, Buffalo: Uttar Pradesh: Saharanpur data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC156: Retail Price: Department of Agriculture and Cooperation: Food: by Cities: Milk: Cow, Buffalo.

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

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.

Get the latest insights on price movement and trend analysis of Whole Milk Powder (WMP) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

United States Consumer Price: Average: Milk, Fresh data was reported at 2.913 USD/lb in Oct 2018. This records an increase from the previous number of 2.890 USD/lb for Sep 2018. United States Consumer Price: Average: Milk, Fresh data is updated monthly, averaging 3.119 USD/lb from Jul 1995 (Median) to Oct 2018, with 280 observations. The data reached an all-time high of 3.961 USD/lb in Jul 2008 and a record low of 2.459 USD/lb in Sep 1995. United States Consumer Price: Average: Milk, Fresh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.

Learn about the various factors that impact dairy commodity prices, including supply and demand, trade policies, and weather conditions, and how they affect the prices of milk, cheese, butter, and whey protein on commodity exchanges around the world.