# Milk markets still 'bummed out' by export trade handicap

> A strong U.S. dollar is hurting U.S. dairy product exports, weighing on farm-gate milk prices. Pennsylvania 2015 producer returns averaged $18.50 per hundredweight, 28% below 2014, and Australian buyers cut milk prices amid oversupply in world markets.

- Date: 2016-05-06 · published 2016-05-06T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/4171-milk-markets-still-bummed-out-by-export-trade-handicap
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Global dairy oversupply and a firm dollar limit export demand for U.S. dairy products, keeping milk prices under pressure and reducing dairy sector feed demand.

## Read by commodity

- DXY: bullish ▲
- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-04-03 | [U.S. dairy farmers dump milk as pandemic upends food markets](https://feedsoft.ai/events/4154-u-s-dairy-farmers-dump-milk-as-pandemic-upends-food-markets.md) | -5.0% | -21.3% |
| MILK | 2020-04-30 | [Milk is being dumped. Why is it so hard to address dairy market chaos? - CSMonitor.com](https://feedsoft.ai/events/5178-milk-is-being-dumped-why-is-it-so-hard-to-address-dairy-market-chaos-csmonitor.md) | -1.2% | +4.7% |
| MILK | 2021-02-25 | [Dairy is testing historical market limits](https://feedsoft.ai/events/48806-dairy-is-testing-historical-market-limits.md) | +5.2% | +4.1% |
| MILK | 2020-10-26 | [Stephenson: Pandemic will weigh on dairy markets into 2021 - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/50651-stephenson-pandemic-will-weigh-on-dairy-markets-into-2021-progressive-dairy-ag.md) | -0.2% | +7.0% |
| MILK | 2022-07-18 | [Trepidation has begun to grip milk futures](https://feedsoft.ai/events/40631-trepidation-has-begun-to-grip-milk-futures.md) | +0.0% | -10.5% |
| DXY | 2016-08-29 | [Fed impact on markets still in play](https://feedsoft.ai/events/10616-fed-impact-on-markets-still-in-play.md) | +0.7% | +1.4% |
| DXY | 2022-01-26 | [LIVE MARKETS Wall Street wobbles as the Fed gets its hawk out](https://feedsoft.ai/events/43045-live-markets-wall-street-wobbles-as-the-fed-gets-its-hawk-out.md) | +0.2% | -0.4% |
| DXY | 2026-02-06 | [DXY surges: Pressure on domestic exchange rates and impact on export markets.](https://feedsoft.ai/events/20922-dxy-surges-pressure-on-domestic-exchange-rates-and-impact-on-export-markets.md) | -0.8% | +0.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/milk-markets-still-bummed-out-by-export-trade-handicap

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.