# US dairy farmers battle extinction Trump trade wars lower milk prices

> US dairy farms are closing amid declining milk prices, weaker export demand linked to Trump's trade disputes, and shifting consumer tastes. The US has lost nearly 20,000 licensed dairy farms over the past decade, and Dean Foods filed for bankruptcy in November.

- Date: 2020-01-04 · published 2020-01-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/4661-us-dairy-farmers-battle-extinction-trump-trade-wars-lower-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Shrinking dairy herds reduce long-term demand for feed, while trade friction weakens export outlets for dairy products.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-12-03 | [Trade war pushes milk price to 4-year low](https://feedsoft.ai/events/5422-trade-war-pushes-milk-price-to-4-year-low.md) | -5.6% | -4.5% |
| MILK | 2023-08-31 | [Exports Drive Dairy Prices Whey Up (and Down) - Farmer Mac](https://feedsoft.ai/events/34591-exports-drive-dairy-prices-whey-up-and-down-farmer-mac.md) | -1.5% | -2.6% |
| MILK | 2018-07-02 | [Trade dispute causes dairy prices to tumble](https://feedsoft.ai/events/4969-trade-dispute-causes-dairy-prices-to-tumble.md) | -7.3% | -7.5% |
| MILK | 2018-07-06 | [New Chinese Tariffs Mean Lower Prices For Wisconsin Farmers - WPR](https://feedsoft.ai/events/4970-new-chinese-tariffs-mean-lower-prices-for-wisconsin-farmers-wpr.md) | -0.4% | +3.1% |
| MILK | 2026-06-02 | [Fall in dairy auction prices mars start of season \| RNZ](https://feedsoft.ai/events/7959-fall-in-dairy-auction-prices-mars-start-of-season-rnz.md) | -4.7% | -5.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2020/01/04/us-dairy-farmers-battle-extinction-trump-trade-wars-lower-milk-prices.html

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