taken at high speed. due to a lack of time i just tried to make something that would fit the challenge. problems i see before voting and comments begin are...too much bowl and not enough splash, noise, and not the best splash to begin with.
post-processing...curves and desat on yellow(had spotlight on bowl that made the milk yellow)
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Nice try. Shutter speed - not fast enough. The larger DOF typically works better for such images - the front of the bowl is out of focus, so it was better off cropped out. Also, the red items (strawberries I presume) are also OOF, and the main object - the splash - is unfortunately also OOF. It looks like you focused on the back side of the bowl.
Keep practicing, and you'll be able to do it much better. I'm not sure how high you can bump your ISO, but you should try using as much light as possible (external reflectors or strobes from multiple directions) in addition to flash, so that you can stop the aperture down and still work with fast shutter.
In fact, I think the strawberries were superflous to this shot. The milk on it's own would have been good enough - the red in the background is a little distracting.