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Dairy cow prices have fallen $500-$650 over the past 12 months to reach their lowest levels since 2009. The fall in prices has mirrored the drop in dairy the payout with the average milking cow now costing around $1500-$1600 compared to $2100 in June 2014.
The US Bureau of Labor Statistics (US BLS) publishes the average price of a gallon of milk each month. The price is the average price charged in grocery stores within large US cities. You can see the recent prices for milk and many other consumer food items at the BLS website. As of this month (Jan 2015) the average price is $3.76 per gallon. During the past decade, the lowest average monthly price was $3.00 per gallon. And the highest was $3.96 per gallon. In small towns with low costs of living, especially near dairy farms, you can find lower prices.