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The University of Wisconsin's February 2025 dairy market update says US dairy prices have stayed stable to weaker entering 2025 after a volatile 2023-2024. It lists bearish factors including tariff uncertainty, possible food assistance cuts, immigration and labor policy shifts, and new processing capacity coming online.
New processing capacity could increase product availability and pressure dairy prices lower, while policy uncertainty adds downside risk for feed-buying dairy producers.
Not 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.