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US dairy exports rose as Global Dairy Trade auctions reached three-year highs, with butter up 3.8% and cheddar up 12%. Cheese and butter exports reached multi-year highs, while whey and lactose faced Chinese tariffs.
Domestic spring milk output is building, and USDA warns of softer 2025 Class III averages.
Strong export demand for US cheese and butter supports domestic dairy prices and milk values, while the tariff drag on whey and rising milk output limit upside. Lower feed costs also help dairy margins in the near term.
thebullvine.comAndrew HuntMay 10, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
