Loading…
Spot dairy prices continued to fall as buyers held off, and nonfat dry milk and dry whey hit multi-month lows. Tariffs on Canada, Mexico and China raised doubts about future U.S. dairy exports.
Weak demand and uncertain export access are pulling down Class III and Class IV futures, which set the milk price for producers.
dairyherd.comRobin SchmahlMar 5, 2025After 49 past bearish trade events, Milk (Class III) moved a median -0.3% over 5 sessions (39% higher; middle half -4.7% to +1.5%), and -0.4% over 20.
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.
Buyers holding off, weak spot dairy prices and tariff-driven doubts about U.S. export demand weighed on cheese and whey, which are the components of Class III.
Spot dairy prices fell as buyers held back, with dry whey at multi-month lows and tariff worries clouding export demand, which weighed on Class III components.
Falling spot dairy prices, buyers holding off, and tariff-driven doubts about US dairy exports weighed on demand sentiment and pressured futures.
