What is the price of milk & cream per kilogram/pound in US today?
The retail price range for US milk & cream is between US$ 2.88 and US$ 7.68 per kilogram or between US$ 1.31 and US$ 3.48 per pound(lb). Click here to see today's exact prices of milk & cream in US
The retail price range in Euro for milk & cream is between EUR 2.64 and EUR 7.04 per kilogram or between EUR 1.20 and EUR 3.19 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US milk & cream is between US$ 2.02 and US$ 5.37 per kilogram or between US$ 0.91 and US$ 2.44 per pound(lb).
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US Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from the US has seen a steady decline over the last five years. In 2011, the price was 2.98 US dollars per kg, while in 2017 it had dropped to 2.03 US dollars per kg. The price then rose slightly to 2.36 US dollars per kg in 2020, before increasing to 2.62 US dollars per kg in 2021. The most recent data shows that the export price per kilogram of Milk & Cream from the US is 3.43 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Milk & Cream from the US will be 3.25 US dollars per kg in 2023 and 3.08 US dollars per kg in 2024.The milk & cream exports from US are classified as:
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
US Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into the US has seen a steady increase over the last five years. In 2017, the price was $2.03, and in 2021 it was $2.62, representing an increase of 29.04%. The highest price was recorded in 2022, at $3.43 per kilogram. This is an increase of 32.14% from the price in 2017. Based on this trend, it is predicted that the import price per kilogram of Milk & Cream into the US will be $3.81 in 2023 and $4.25 in 2024.Export values for US milk & cream
The total values in export for milk & cream in US were US$ 1,488,650, US$ 1,586,672, US$ 1,728,306 and US$ 2,062,406 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across North America: Canada milk & cream, US milk & cream, Anguilla milk & cream, Antigua and Barbuda milk & cream, Bermuda milk & cream, Bonaire, Sint Eustatius and Saba milk & cream, St.Pierre and Miquelon milk & cream, United States Minor Outlying Islands milk & cream, Cayman Islands milk & cream & Greenland milk & cream.
US milk & cream - Production, Exports, Imports, Seasons and HS Codes
The volume of milk & cream shipped by US in 2020 was 1,039,157 metric tonnes. In 2019 US shipped 927,110 tonnes of milk & cream. For 2019 alone, the market for US milk & cream (processed category) has reduced, with a change of -0.16185429 percent compared to the year 2018. Between 2017 and 2019, milk & cream's exports increased by 18.55% bringing the country US$2,062.41m for the year 2019. US' milk & cream exports are categorised as:
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
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US milk & cream export values
In 2019, US shipped milk & cream with a value of 2,062.41m USD, an increase of 19.33% from 2018's total milk & cream export of 1728.306m USD. The annual change in value of US milk & cream between 2017 to 2018 was 8.926%.
The yearly change in the volume of US' milk & cream exports between 2017 and 2019 was 18.55 percent in comparison to a variation of -0.16185429% in the period between 2018 and 2019.
US' stake of the world's total milk & cream's exports in 2019 was less than 1%. US is ranked position 17 in world exports of milk & cream.
Export markets for US milk & cream ( in '000$ )
US' best performing destinations for milk & cream are Mexico, Peru, Hong Kong, Malaysia and South Korea.
Import/Export Trends
US is a net importer of milk & cream. The annual growth of US milk & cream in value between 2015 to 2019 was -33%, per year, while annual growth in quantity through the same period was -10%, per annum.
US brought in 88,820 tonnes of milk & cream in 2019.