# What’s in the News: Dairy Markets Weaken Amid Tariffs, Falling Prices, and Lab-Grown Milk - Dairy Herd

> 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.

- Date: 2025-03-05 · published 2025-03-05T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/4703-what-s-in-the-news-dairy-markets-weaken-amid-tariffs-falling-prices-and-lab
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak demand and uncertain export access are pulling down Class III and Class IV futures, which set the milk price for producers.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2025-03-06 | 5 | -9.5% | -2.8 | 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. |
| MILK | 2025-03-05 | 5 | -9.7% | -2.9 | 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. |
| MILK | 2025-03-05 | 1 | -9.8% | -9.0 | Falling spot dairy prices, buyers holding off, and tariff-driven doubts about US dairy exports weighed on demand sentiment and pressured futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-03-04 | [Dairy Markets on Edge: Tariffs and Trade Uncertainty Shake Prices - Dairy Herd](https://feedsoft.ai/events/25587-dairy-markets-on-edge-tariffs-and-trade-uncertainty-shake-prices-dairy-herd.md) | -8.9% | -7.7% |
| MILK | 2018-06-25 | [Milk prices and optimism falling fast - Brownfield Ag News](https://feedsoft.ai/events/64653-milk-prices-and-optimism-falling-fast-brownfield-ag-news.md) | +0.1% | -7.0% |
| MILK | 2025-03-14 | [The Farmer's Exchange Online Tariffs Target U.S. Dairy's 3 Largest Export Markets](https://feedsoft.ai/events/25738-the-farmer-s-exchange-online-tariffs-target-u-s-dairy-s-3-largest-export-markets.md) | -0.3% | -7.3% |
| MILK | 2025-04-04 | [Class III Milk Futures Drift Lower as China Tariff News Shakes Markets](https://feedsoft.ai/events/5644-class-iii-milk-futures-drift-lower-as-china-tariff-news-shakes-markets.md) | +1.5% | +8.9% |
| MILK | 2018-07-31 | [Tariffs taking toll on dairy markets \| Capital Press](https://feedsoft.ai/events/64030-tariffs-taking-toll-on-dairy-markets-capital-press.md) | +5.0% | +6.4% |

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/whats-news-dairy-markets-weaken-amid-tariffs-falling-prices-and-lab-grown-milk

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