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Average price of a gallon of milk in the U.S. 1995-2018

Retail price of milk (fresh, whole, fortified) in the United States from 1995 to 2018 (in U.S. dollars per gallon)

by M. Shahbandeh, last edited Jul 25, 2019
Average price of a gallon of milk in the U.S. 1995-2018

How much is a gallon of milk?

In 2018, the average retail price of whole fortified milk in the United States was 2.85 U.S. dollars, the lowest price since 2002 and a decline of 26 percent from the 2007 peak of 3.87 dollars.
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, New York, Idaho and Texas had the highest milk supply in 2018. Continuing the trend of each year breaking the record for milk production, 217.5 billion pounds of milk was produced in 2018.

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.
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Retail price of milk (fresh, whole, fortified) in the United States from 1995 to 2018 (in U.S. dollars per gallon)

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