Cost Of Gallon Of Milk 2025. One of australia’s key dairy analysts believes dairy farmers could be pleasantly surprised by the milk prices offered for the 2025 financial year. Bureau of labor statistics, prices for milk are 75.12% higher in 2024 versus 1997 (a $3.76 difference in value).

The farmgate price of milk will decrease by 0.0237%, which translates to less than 1 cent per litre of milk sold to processors. Ers has the lead role in usda’s shortrun.