Milk Price
Unlike the other commodities here, raw milk is highly perishable and mostly traded within the region it's produced, so there's no single global benchmark price — only regional producer prices (this page shows EU countries via Eurostat). 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.
Price Chart
"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). EU country options are Eurostat producer prices (annual); Canadian province options are Statistics Canada producer prices (monthly); US state options are USDA AMS daily cash grain bids (individual elevators/trade locations averaged per state per day), "United States" alone is USDA NASS's monthly national figure. "EU-27 (average)", "Canada (average)" and "US daily average" are simple, unweighted means across whichever member states/provinces/US states reported a price that period, computed by agri.markets — none of these sources publishes an official aggregate for this data, so these are not production-weighted figures. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.