# Dairy Markets Panic While Smart Farmers Cash In: Why 94% of Exports Remain Unaffected by Tariff Drama. | The Bullvine

> Dairy futures fell after new tariffs were announced, but the article notes that only about 6% of U.S. dairy exports to China and 10% to Canada are directly affected. Nonfat dry milk stocks are reported up 41 percent year over year.

- Date: 2025-03-06 · published 2025-03-06T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/4708-dairy-markets-panic-while-smart-farmers-cash-in-why-94-of-exports-remain
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Market reaction appears larger than the direct trade exposure, so prices may be driven more by sentiment than by lost export volume. Heavy inventories still cap the upside for milk prices.

## 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 | Dairy futures fell on new tariff announcements, so trade-related sentiment contributed to the selloff even though the directly affected export share is small. |
| MILK | 2025-03-05 | 5 | -9.7% | -2.9 | Dairy futures fell on the new tariff announcements, a sentiment-driven drop, though the direct export exposure is limited. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-03-28 | [Tariff Uncertainty Pressures Dairy Markets \| Red River Farm Network](https://feedsoft.ai/events/25735-tariff-uncertainty-pressures-dairy-markets-red-river-farm-network.md) | -9.0% | -6.5% |
| 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 | 2025-03-05 | [What’s in the News: Dairy Markets Weaken Amid Tariffs, Falling Prices, and Lab-Grown Milk - Dairy Herd](https://feedsoft.ai/events/4703-what-s-in-the-news-dairy-markets-weaken-amid-tariffs-falling-prices-and-lab.md) | -8.6% | -7.8% |
| MILK | 2025-03-28 | [Export Challenges and Cheese Surplus Weigh on Dairy Market \| Red River Farm Network](https://feedsoft.ai/events/25737-export-challenges-and-cheese-surplus-weigh-on-dairy-market-red-river-farm.md) | -9.0% | -6.5% |

## Sources

- thebullvine.com: https://www.thebullvine.com/news/dairy-markets-panic-while-smart-farmers-cash-in-why-94-of-exports-remain-unaffected-by-tariff-drama/

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