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.

Milk fell to 18.73 USD/CWT on June 29, 2025, down 0.21% from the previous day. Over the past month, Milk's price has risen 0.59%, but it is still 5.83% 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 June of 2025.

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.

Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include 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).

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.

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 Substitutes' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 0.4 U.S. dollars (+12.58 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 3.59 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 consumption per capita and sales volume change. The Statista Market Insights cover a broad range of additional markets.

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.

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.

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 0.89 U.S. dollars.

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).

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).

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.

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

Graph and download economic data for Producer Price Index by Industry: Fluid Milk Manufacturing: Primary Products (PCU311511311511P) from Dec 1982 to May 2025 about milk, dairy, primary, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The dairy product production industry in the US has been a staple of the agricultural sector, consistently contributing to the nation's economy. Over recent years, it has faced a blend of challenges and opportunities. Despite the volatility in milk prices and shifting consumer preferences, the sector has shown resilience. Traditional dairy products like milk, cheese and yogurt remain household staples, but there's been a noticeable shift towards organic and specialty products. Innovations in production methods and a focus on sustainability have also started to shape the industry's landscape, reflecting broader consumer trends toward healthier and more environmentally friendly options. However, the rise in dairy imports, particularly from countries with lower production costs, has intensified competition, putting pressure on domestic producers and affecting profitability. The industry has been shrinking at an average annualized 3.2% over the past five years and is expected to total $124.4 billion in 2025 when revenue will climb by an estimated 0.5%. Over the past few years, the dairy industry has undergone significant transformations. The adoption of advanced technology in dairy farming, like automated milking systems and precision farming techniques, has increased efficiency and productivity. At the same time, there’s been growing competition from plant-based dairy alternatives, which has pressured traditional dairy producers to innovate and diversify their product offerings. The farm-to-table movement has also gained momentum, with more consumers opting for locally sourced and artisanal dairy products. This trend has helped small and mid-sized farms find new markets and build stronger community connections. Despite these advancements, the industry has had to navigate challenges like fluctuating feed costs, labor shortages and stringent environmental regulations. Several key trends are likely to shape the dairy industry. Sustainability will be a significant focus, with farms adopting greener practices to meet regulatory requirements and consumer expectations. Technological advancements will continue revolutionizing the sector, from precision farming to blockchain for supply chain transparency. The rise of functional and health-focused dairy products will drive growth as consumers seek options offering added nutritional benefits. Also, the competition from plant-based alternatives will persist, pushing traditional dairy producers to innovate. Overall, industry revenue is forecast to grow at an annualized 1.2% over the five years through 2030 to total $131.8 billion.

In the United States in 2024, consumers wanting to purchase organic yogurt would have to pay about 2.81 U.S. dollars for 32 ounces. 8 ounces of organic butter would cost an average of 2.78 U.S. dollars.

In August 2022, the whole fresh milk price per ton stood at $1.1 per kg, growing by 1.7% against the previous month.

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).