Milk: what is the latest price?

The latest price is 0.48 USD/kg (World, Sep 2026, monthly data, IMF).

Milk: how often is the price updated?

agri.markets checks its sources every day and shows the newest value each of them has published. How often a value changes depends on the source; the period is shown next to the price.

Milk: where does the price data come from?

From IMF, EU Agri-food Data Portal, and FAOSTAT. Each regional page names its own source.

Milk: is this a live or futures price?

No. agri.markets shows benchmark and regional prices from public statistical sources, not real-time exchange quotes.

Milk Price

Name: Milk Price
Creator: agri.markets
License: https://agri.markets/terms

Latest price

0.48 USD/kg

World · Sep 2026 · monthly data · IMF

Benchmark: USDA Class III milk price (US)

Region

From

Currency

Prices

Unit

Compare with

Notable price events

EU milk price crisis, 2015-16 — The end of EU milk quotas on 1 April 2015 let production rise quickly just as Russia's 2014 ban on EU dairy imports and weaker Chinese demand removed buyers. EU milk and dairy prices fell to their lowest in years by mid-2016, and the EU paid farmers to cut output later that year.

Price data table

Recent prices

Period	Price (USD/kg)	Change
Sep 2026	0.48	+9.7%
Aug 2026	0.43	-5.0%
Jul 2026	0.46	-13.6%
Jun 2026	0.53	-5.0%
May 2026	0.56	+9.0%
Apr 2026	0.51	+7.7%
Mar 2026	0.47	+22.4%
Feb 2026	0.39	+15.0%
Jan 2026	0.34	-1.5%
Dec 2025	0.34	-0.9%
Nov 2025	0.34	-3.6%
Oct 2025	0.36	-15.8%

Annual averages

Year	Average (USD/kg)	Change
2026 (year to date)	0.46	+5.7%
2025	0.44	-15.6%
2024	0.52	+9.1%
2023	0.47	-21.8%
2022	0.61	+54.6%
2021	0.39	-1.5%
2020	0.4	+6.8%
2019	0.37	+15.0%
2018	0.32	-8.8%
2017	0.36	+8.4%

Milk Prices by Region

European Union (26)

About Milk

Raw milk is highly perishable and mostly traded within the region it's produced, so this site tracks it two ways: a world benchmark (IMF's reference series, built from a US spot price) alongside country-level detail from FAOSTAT and the EU (the European Commission's monthly farm-gate prices per member state) - the latter shows real local variation the single world number can't. The EU, US and India are the largest producers; prices are driven by feed costs, herd size decisions, and demand for dairy products like cheese and milk powder.

Top Milk Producers

Rank	Country
1	India	135,000,000 t
2	United States	102,452,123 t
3	China	40,790,000 t
4	Brazil	36,816,178 t
5	Germany	33,777,780 t
6	Russia	32,792,113 t
7	Pakistan	24,794,050 t
8	France	24,204,280 t
9	New Zealand	21,531,000 t
10	Türkiye	21,040,442 t
11	Poland	16,039,610 t
12	United Kingdom	15,939,048 t
13	Netherlands	14,348,210 t
14	Mexico	13,962,372 t
15	Bangladesh	13,539,600 t
16	Italy	13,185,340 t
17	Uzbekistan	12,422,116 t
18	Argentina	10,908,039 t
19	Canada	9,960,207 t
20	Belarus	8,751,000 t
21	Australia	8,669,500 t
22	Colombia	7,943,000 t
23	Iran	7,702,777 t
24	Spain	7,576,060 t
25	Japan	7,357,451 t
26	Ukraine	7,089,100 t
27	Denmark	5,690,000 t
28	Kenya	5,494,844 t
29	Egypt	4,815,333 t
30	Belgium	4,597,000 t
31	Tanzania	4,130,285 t
32	Austria	4,020,700 t
33	South Africa	3,883,000 t
34	Uganda	3,850,000 t
35	Romania	3,724,100 t
36	Switzerland	3,703,021 t
37	Kazakhstan	3,577,376 t
38	Czechia	3,553,870 t
39	Ethiopia	3,443,913 t
40	Venezuela	3,307,778 t
41	Saudi Arabia	2,958,843 t
42	Sudan	2,956,068 t
43	South Sudan	2,899,262 t
44	Sweden	2,799,910 t
45	Turkmenistan	2,652,448 t
46	Algeria	2,420,851 t
47	Chile	2,300,034 t
48	Uruguay	2,268,781 t
49	Peru	2,228,889 t
50	Azerbaijan	2,222,195 t
51	Finland	2,209,220 t
52	Hungary	2,093,690 t
53	Ecuador	1,964,000 t
54	Portugal	1,943,320 t
55	Afghanistan	1,928,136 t
56	Myanmar (Burma)	1,900,000 t
57	Morocco	1,854,000 t
58	Kyrgyzstan	1,823,796 t
59	South Korea	1,766,401 t
60	Israel	1,647,010 t
61	Lithuania	1,526,130 t
62	Norway	1,467,500 t
63	Tunisia	1,389,815 t
64	Serbia	1,349,699 t
65	Nepal	1,281,718 t
66	Vietnam	1,276,872 t
67	Costa Rica	1,268,230 t
68	Thailand	1,265,444 t
69	Syria	1,199,625 t
70	Tajikistan	1,177,381 t
71	Niger	979,188 t
72	Latvia	959,860 t
73	Estonia	940,600 t
74	Slovakia	916,860 t
75	Dominican Republic	892,257 t
76	Indonesia	808,353 t
77	Albania	744,693 t
78	Bulgaria	708,210 t
79	Honduras	695,611 t
80	Greece	651,950 t
81	Slovenia	608,940 t
82	Bosnia & Herzegovina	600,487 t
83	Georgia	582,687 t
84	Bolivia	582,164 t
85	Paraguay	559,000 t
86	Armenia	542,000 t
87	Guatemala	540,070 t
88	Nigeria	527,765 t
89	Zambia	525,394 t
90	Luxembourg	482,940 t
91	Taiwan	470,000 t
92	Croatia	468,000 t
93	Somalia	457,556 t
94	Zimbabwe	442,748 t
95	Sri Lanka	430,002 t
96	El Salvador	419,177 t
97	Madagascar	415,933 t
98	Jordan	387,142 t
99	Cyprus	325,390 t
100	Mali	306,777 t
101	North Macedonia	282,317 t
102	Chad	271,976 t
103	Yemen	256,737 t
104	Oman	241,210 t
105	Moldova	232,873 t
106	Iraq	232,702 t
107	Cuba	231,000 t
108	Guinea	230,000 t
109	Burkina Faso	225,266 t
110	Angola	221,864 t
111	Puerto Rico	221,013 t
112	Senegal	220,000 t
113	Lebanon	212,013 t
114	Cameroon	210,321 t
115	Mongolia	191,760 t
116	Rwanda	190,796 t
117	Lesotho	182,000 t
118	Panama	168,490 t
119	Iceland	158,139 t
120	Sierra Leone	153,285 t
121	Montenegro	151,860 t
122	Mauritania	150,883 t
123	Benin	149,567 t
124	Libya	141,084 t
125	Eritrea	120,000 t
126	Namibia	111,002 t
127	North Korea	84,169 t
128	Central African Republic	83,107 t
129	Malawi	71,318 t
130	United Arab Emirates	56,407 t
131	Gambia	52,822 t
132	Kuwait	52,680 t
133	Ghana	51,478 t
134	Haiti	47,232 t
135	Bhutan	44,038 t
136	Malaysia	42,383 t
137	Eswatini	42,309 t
138	Burundi	40,562 t
139	Côte d’Ivoire	38,872 t
140	Malta	38,160 t
141	Philippines	33,970 t
142	Botswana	25,704 t
143	Cambodia	24,320 t
144	Guyana	21,089 t
145	Guinea-Bissau	18,099 t
146	Comoros	13,118 t
147	Togo	12,841 t
148	Fiji	12,153 t
149	Gabon	10,735 t
150	Bahrain	10,538 t
151	Congo - Kinshasa	10,374 t
152	Jamaica	9,792 t
153	Laos	9,307 t
154	Djibouti	9,195 t
155	Liberia	8,368 t
156	Qatar	7,500 t
157	Faroe Islands	7,243 t
158	Dominica	6,997 t
159	Belize	5,186 t
160	Cape Verde	4,612 t
161	Congo - Brazzaville	4,466 t
162	Barbados	4,166 t
163	Antigua & Barbuda	3,102 t
164	Vanuatu	3,100 t
165	Solomon Islands	3,072 t
166	Mozambique	3,063 t
167	Mauritius	2,841 t
168	Suriname	2,709 t
169	Trinidad & Tobago	1,720 t
170	Samoa	1,579 t
171	St. Lucia	1,031 t
172	St. Vincent & Grenadines	824 t
173	Bahamas	684 t
174	French Polynesia	649 t
175	Grenada	617 t
176	São Tomé & Príncipe	594 t
177	New Caledonia	344 t
178	Tonga	326 t
179	Papua New Guinea	164 t
180	Seychelles	162 t
181	Hong Kong SAR China	60 t
182	Niue	59 t
183	Brunei	40 t

FAOSTAT production data, 2024.

Top Milk Importers

Rank	Country
1	Germany	2,902,603 t
2	Netherlands	1,175,862 t
3	Belgium	964,829 t
4	Italy	815,956 t
5	Ireland	725,254 t
6	Lithuania	500,739 t
7	China	358,926 t
8	Croatia	232,104 t
9	Romania	216,516 t
10	United Kingdom	208,063 t
11	Russia	196,500 t
12	Latvia	154,148 t
13	Philippines	129,092 t
14	Spain	124,173 t
15	France	109,834 t
16	Singapore	106,280 t
17	Greece	105,855 t
18	Hong Kong SAR China	90,186 t
19	Bulgaria	88,574 t
20	Austria	84,148 t
21	Czechia	80,048 t
22	Poland	77,345 t
23	Estonia	73,522 t
24	Canada	72,306 t
25	Kenya	67,160 t
26	Slovakia	64,864 t
27	Slovenia	58,873 t
28	Luxembourg	57,646 t
29	Hungary	55,835 t
30	Taiwan	52,041 t
31	South Korea	48,671 t
32	Dominican Republic	42,890 t
33	Vietnam	39,704 t
34	Malaysia	37,050 t
35	Mexico	36,367 t
36	Guatemala	35,075 t
37	Kazakhstan	33,000 t
38	Moldova	32,162 t
39	Switzerland	31,101 t
40	Montenegro	27,859 t
41	Serbia	25,211 t
42	North Macedonia	24,528 t
43	Portugal	23,355 t
44	Bahrain	23,222 t
45	United States	23,146 t
46	Afghanistan	23,000 t
47	Saudi Arabia	22,673 t
48	Libya	20,061 t
49	Sweden	19,306 t
50	Albania	19,000 t
51	Bosnia & Herzegovina	17,628 t
52	Cambodia	17,473 t
53	El Salvador	16,966 t
54	Iraq	16,964 t
55	United Arab Emirates	16,117 t
56	Kuwait	16,050 t
57	Oman	15,971 t
58	Georgia	12,879 t
59	Macao SAR China	11,943 t
60	Bhutan	11,213 t
61	Botswana	9,981 t
62	Jordan	9,685 t
63	Cyprus	9,415 t
64	Namibia	9,383 t
65	Azerbaijan	8,916 t
66	Eswatini	8,625 t
67	Mauritania	8,581 t
68	Denmark	7,771 t
69	Australia	7,425 t
70	Cape Verde	6,916 t
71	Chile	6,497 t
72	Mozambique	6,321 t
73	Senegal	5,817 t
74	Papua New Guinea	5,815 t
75	French Polynesia	5,745 t
76	Uzbekistan	5,479 t
77	Malta	5,419 t
78	Congo - Kinshasa	5,258 t
79	Somalia	4,418 t
80	Ghana	4,248 t
81	Palestinian Territories	4,157 t
82	Trinidad & Tobago	4,104 t
83	Maldives	4,076 t
84	Guinea	4,073 t
85	Gambia	3,980 t
86	New Caledonia	3,863 t
87	Qatar	3,850 t
88	Gabon	3,691 t
89	Fiji	3,518 t
90	Mauritius	3,512 t
91	Mali	3,396 t
92	Sudan	3,372 t
93	Nigeria	3,328 t
94	Tonga	3,157 t
95	Seychelles	2,470 t
96	Finland	2,312 t
97	Côte d’Ivoire	2,196 t
98	Armenia	2,163 t
99	Myanmar (Burma)	2,098 t
100	Laos	2,090 t
101	Congo - Brazzaville	1,865 t
102	Cameroon	1,758 t
103	Lebanon	1,750 t
104	Angola	1,738 t
105	Honduras	1,735 t
106	South Sudan	1,589 t
107	Argentina	1,563 t
108	Belize	1,550 t
109	New Zealand	1,543 t
110	Uruguay	1,464 t
111	Cuba	1,448 t
112	Kyrgyzstan	1,423 t
113	Antigua & Barbuda	1,367 t
114	Samoa	1,313 t
115	Bahamas	1,289 t
116	Equatorial Guinea	1,287 t
117	Togo	1,116 t
118	Morocco	1,103 t
119	Comoros	1,061 t
120	Guinea-Bissau	1,036 t
121	Benin	1,010 t
122	São Tomé & Príncipe	984 t
123	Costa Rica	977 t
124	Burkina Faso	957 t
125	Zambia	903 t
126	Zimbabwe	901 t
127	South Africa	901 t
128	Ukraine	836 t
129	Tanzania	796 t
130	Grenada	749 t
131	Cook Islands	740 t
132	Guyana	730 t
133	St. Lucia	713 t
134	Paraguay	710 t
135	India	700 t
136	Suriname	689 t
137	Vanuatu	676 t
138	Tajikistan	671 t
139	Timor-Leste	645 t
140	Liberia	631 t
141	Madagascar	615 t
142	Peru	604 t
143	Israel	579 t
144	Brunei	579 t
145	Indonesia	568 t
146	Barbados	568 t
147	Malawi	463 t
148	Central African Republic	454 t
149	Rwanda	452 t
150	St. Vincent & Grenadines	445 t
151	Chad	418 t
152	Haiti	414 t
153	St. Kitts & Nevis	401 t
154	Sierra Leone	397 t
155	Solomon Islands	362 t
156	Thailand	354 t
157	Bangladesh	354 t
158	Marshall Islands	274 t
159	Pakistan	257 t
160	Djibouti	198 t
161	Micronesia (Federated States of)	158 t
162	Turkmenistan	155 t
163	Ethiopia	153 t
164	Niger	139 t
165	Uganda	132 t
166	Lesotho	113 t
167	Nauru	113 t
168	Japan	110 t
169	Dominica	92 t
170	Sri Lanka	89 t
171	Yemen	78 t
172	Venezuela	70 t
173	Mongolia	64 t
174	Kiribati	58 t
175	Panama	53 t
176	Bolivia	50 t
177	Faroe Islands	49 t
178	Iceland	29 t
179	Norway	29 t
180	Niue	14 t
181	Syria	11 t
182	North Korea	10 t
183	Palau	7 t
184	Tuvalu	5 t
185	Egypt	4 t
186	Jamaica	3 t
187	Iran	3 t
188	Nepal	2 t
189	Türkiye	2 t
190	Burundi	1 t
191	Eritrea	1 t

FAOSTAT trade data, 2024.

Top Milk Exporters

Rank	Country
1	Germany	1,625,080 t
2	Czechia	985,727 t
3	Belgium	955,085 t
4	Poland	776,896 t
5	United Kingdom	738,643 t
6	Netherlands	664,387 t
7	Austria	511,486 t
8	France	480,536 t
9	Latvia	419,036 t
10	Hungary	384,265 t
11	Luxembourg	304,820 t
12	Slovenia	300,120 t
13	Denmark	252,582 t
14	New Zealand	231,311 t
15	Ireland	230,002 t
16	Estonia	223,872 t
17	Australia	156,424 t
18	Slovakia	143,447 t
19	United States	102,805 t
20	Portugal	101,508 t
21	Thailand	84,040 t
22	Lithuania	78,182 t
23	Spain	77,960 t
24	Uganda	69,035 t
25	Romania	55,316 t
26	South Africa	54,579 t
27	Saudi Arabia	54,225 t
28	Bosnia & Herzegovina	50,858 t
29	Sweden	35,724 t
30	Costa Rica	31,222 t
31	China	29,914 t
32	Russia	25,507 t
33	Ukraine	24,900 t
34	Italy	23,760 t
35	Serbia	20,252 t
36	Egypt	19,357 t
37	Kuwait	19,285 t
38	India	19,273 t
39	Croatia	18,810 t
40	Malaysia	15,734 t
41	Belarus	12,552 t
42	Pakistan	12,373 t
43	Honduras	11,999 t
44	Canada	11,821 t
45	Hong Kong SAR China	9,468 t
46	Mexico	8,670 t
47	Oman	8,297 t
48	Kyrgyzstan	7,725 t
49	Japan	7,364 t
50	Greece	7,218 t
51	Türkiye	7,149 t
52	Iran	6,897 t
53	Azerbaijan	6,297 t
54	Indonesia	6,150 t
55	Finland	5,909 t
56	Uruguay	5,631 t
57	Bulgaria	4,679 t
58	Norway	3,737 t
59	Bahrain	3,154 t
60	Kazakhstan	2,666 t
61	Zambia	2,560 t
62	Brazil	2,274 t
63	South Korea	2,117 t
64	Bangladesh	2,015 t
65	Malta	1,704 t
66	United Arab Emirates	1,703 t
67	Argentina	1,655 t
68	Vietnam	1,564 t
69	Dominican Republic	1,560 t
70	Zimbabwe	1,435 t
71	Peru	1,231 t
72	Côte d’Ivoire	1,206 t
73	Jamaica	799 t
74	Singapore	655 t
75	Switzerland	652 t
76	Guatemala	609 t
77	Philippines	595 t
78	Uzbekistan	565 t
79	Montenegro	348 t
80	Morocco	319 t
81	Ecuador	302 t
82	Senegal	187 t
83	Cameroon	184 t
84	Bolivia	171 t
85	North Macedonia	161 t
86	Colombia	109 t
87	Kenya	96 t
88	Gambia	93 t
89	Sri Lanka	54 t
90	Trinidad & Tobago	48 t
91	Lebanon	44 t
92	Fiji	28 t
93	Algeria	23 t
94	Guyana	19 t
95	Mauritius	17 t
96	Syria	12 t
97	Rwanda	10 t
98	Angola	9 t
99	Israel	9 t
100	Mozambique	6 t
101	Iraq	3 t
102	Taiwan	2 t
103	Malawi	2 t
104	Armenia	2 t
105	Antigua & Barbuda	2 t
106	Iceland	1 t
107	St. Kitts & Nevis	1 t
108	Samoa	1 t
109	Benin	1 t
110	Botswana	1 t