# New Chinese Tariffs Mean Lower Prices For Wisconsin Farmers - WPR

> New US tariffs on Chinese goods took effect, and China responded with its own tariffs on US products including soybeans, pork and dairy. Wisconsin dairy futures had already dropped about $2 per hundredweight.

- Date: 2018-07-06 · published 2018-07-06T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/4970-new-chinese-tariffs-mean-lower-prices-for-wisconsin-farmers-wpr
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

China is a major buyer of US soybeans and pork, so the retaliatory tariffs cut export demand and push down domestic prices. Soybean meal and hog markets face bearish pressure as long as the tariffs remain.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼
- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2018-07-09 | 5 | -7.0% | -3.2 | Chinese tariffs on US dairy took effect, cutting expected export demand and pushing dairy futures lower. |
| MILK | 2018-07-10 | 5 | -7.1% | -3.1 | New US-China tariffs took effect with Chinese retaliation on dairy, adding to trade-driven bearish sentiment, though much of the drop was already priced in. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-04-09 | [USDA Looking at Options for Protecting Farmers From Chinese Tariffs](https://feedsoft.ai/events/65503-usda-looking-at-options-for-protecting-farmers-from-chinese-tariffs.md) | +2.0% | -0.6% |
| SOY | 2018-03-29 | [Chinese soybean tariffs would hurt U.S. soybean farmers](https://feedsoft.ai/events/65865-chinese-soybean-tariffs-would-hurt-u-s-soybean-farmers.md) | +1.3% | +1.0% |
| SOY | 2019-11-01 | [Soybean Prices Dip As Trump's Chinese Tariffs Take Effect](https://feedsoft.ai/events/56103-soybean-prices-dip-as-trump-s-chinese-tariffs-take-effect.md) | +0.9% | -4.4% |
| SOY | 2025-04-12 | [White House looks at how to help farmers hurt by China tariffs : NPR](https://feedsoft.ai/events/25112-white-house-looks-at-how-to-help-farmers-hurt-by-china-tariffs-npr.md) | -1.3% | +2.2% |
| SOY | 2019-03-07 | [Farmer patience on tariffs comes with caution flag for Trump \| AP News](https://feedsoft.ai/events/60080-farmer-patience-on-tariffs-comes-with-caution-flag-for-trump-ap-news.md) | -0.1% | +1.0% |
| HOGS | 2025-05-01 | [China cancels U.S. pork shipments after tariffs raise prices](https://feedsoft.ai/events/25255-china-cancels-u-s-pork-shipments-after-tariffs-raise-prices.md) | -0.1% | +6.8% |
| HOGS | 2018-06-29 | [USDA supply/demand forecast could factor in Mexico, China tariffs - The Business Times](https://feedsoft.ai/events/64550-usda-supply-demand-forecast-could-factor-in-mexico-china-tariffs-the-business.md) | -0.6% | -16.6% |
| HOGS | 2019-08-23 | [China strikes back at U.S. with new tariffs on $75 billion in goods \| Reuters](https://feedsoft.ai/events/57443-china-strikes-back-at-u-s-with-new-tariffs-on-75-billion-in-goods-reuters.md) | -1.5% | -11.2% |

## Sources

- wpr.org: https://www.wpr.org/agriculture/new-chinese-tariffs-mean-lower-prices-wisconsin-farmers

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