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.

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."

The price per unit in the 'Milk Substitutes' segment of the food market in the United Kingdom was modeled to stand at **** 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 Substitutes.

United States Consumer Price: Average: WU: Milk, Fresh data was reported at 2.928 USD/gal in Sep 2018. This records an increase from the previous number of 2.858 USD/gal for Aug 2018. United States Consumer Price: Average: WU: Milk, Fresh data is updated monthly, averaging 2.928 USD/gal from Jul 1995 (Median) to Sep 2018, with 279 observations. The data reached an all-time high of 3.810 USD/gal in Nov 2014 and a record low of 2.420 USD/gal in Apr 2003. United States Consumer Price: Average: WU: Milk, Fresh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.

USDA forecasts that milk production in the U.S. will rise by 2.1% in 2021 thanks to gains in yield per cow as well as a slight increase in the number of milk cows. The average yearly price received by farmers for cow milk in 2021 is predicted to grow by 3.9% y-o-y amidst a rally in prices for animal feed. Rising consumer demand for cheese and butter continues to drive the market on the backdrop of lower demand for beverage milk. Demand in Asia for imported dairy products features as another factor boosting milk processing in the U.S.

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.

The price per unit in the 'Milk Substitutes' segment of the food market in EU was modeled to amount to **** 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.

The United States produced about ***** billion pounds of milk for human consumption in 2024. In 2000, this figure amounted to around ***** billion pounds. The volume of cow milk produced worldwide has risen steadily over the last several years. U.S. milk market While milk production has seen an increase over the last several years, milk retail sales have been dropping. The retail price of milk has been fluctuating for the past several years and peaked in 2022 at **** U.S. dollars per gallon. Leading U.S. milk brands Among the dairy brands in the U.S., private label milk has a higher level of sales than any name brand whole milk. Among name brands of whole milk, Hood generated the most dollar sales, at over *** million U.S. dollars in 2022. In the flavored milk category, the leading name brand was TruMoo, which sold nearly ** million units in 2018. However, private label flavored milk sold many more units than even the leading name brand.

United States CPI U: sa: FB: Food: Home: Dairy Products: Milk: Fresh Whole data was reported at 197.688 1982-1984=100 in Jun 2018. This records an increase from the previous number of 196.039 1982-1984=100 for May 2018. United States CPI U: sa: FB: Food: Home: Dairy Products: Milk: Fresh Whole data is updated monthly, averaging 99.400 1982-1984=100 from Jan 1947 (Median) to Jun 2018, with 858 observations. The data reached an all-time high of 232.388 1982-1984=100 in May 2014 and a record low of 30.100 1982-1984=100 in Jun 1947. United States CPI U: sa: FB: Food: Home: Dairy Products: Milk: Fresh Whole data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I006: Consumer Price Index: Urban: sa.

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.

The U.S. fluid milk market rose to $44.9B in 2024, growing by 2.3% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2024 and is likely to continue growth in years to come.

In 2024, the U.S. market for powdered, condensed or evaporated milk increased by 7.9% to $4.4B, rising for the sixth year in a row after two years of decline. The market value increased at an average annual rate of +1.3% from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Powdered, condensed or evaporated milk consumption peaked in 2024 and is likely to see steady growth in years to come.

United States CPI U: sa: FB: Food: Home: Dairy Products: Milk data was reported at 143.409 Dec1997=100 in Jun 2018. This records an increase from the previous number of 141.526 Dec1997=100 for May 2018. United States CPI U: sa: FB: Food: Home: Dairy Products: Milk data is updated monthly, averaging 150.757 Dec1997=100 from Jan 2011 (Median) to Jun 2018, with 90 observations. The data reached an all-time high of 161.476 Dec1997=100 in May 2014 and a record low of 139.276 Dec1997=100 in Jan 2011. United States CPI U: sa: FB: Food: Home: Dairy Products: Milk data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I006: Consumer Price Index: Urban: sa.

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.

Learn about the expected growth in the United States market for whole fresh milk over the next decade, with a projected increase in market volume to 110M tons and market value to $201.6B by 2035.

Discover the projected growth of the milk market in the United States over the next decade, with an anticipated increase in both volume and value.

United States CPI UW: FB: Food: Home: Dairy Products: Milk data was reported at 0.199 % in Jun 2018. This records an increase from the previous number of 0.198 % for May 2018. United States CPI UW: FB: Food: Home: Dairy Products: Milk data is updated monthly, averaging 0.299 % from Jan 1998 (Median) to Jun 2018, with 246 observations. The data reached an all-time high of 0.444 % in Feb 1999 and a record low of 0.198 % in May 2018. United States CPI UW: FB: Food: Home: Dairy Products: Milk data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I010: Consumer Price Index: Urban: Weights.

Learn about the projected growth of the evaporated and condensed milk market in the United States over the next decade, driven by rising demand. Market volume is expected to reach 1,000K tons and market value to reach $2.1B by the end of 2035.

The U.S. market for condensed or evaporated milk (unsweetened) expanded remarkably to $X in 2022, growing by X% against the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.