# Global dairy prices take a hit | 2018-09-06  | Dairy Foods

> U.S. dairy prices have fallen since retaliatory tariffs were announced by Mexico in May and China in June. The author argues that softening global demand, after unusually strong import growth earlier in the year, has played a larger role in the price weakness than the tariffs. The analysis estimates the tariff impact on milk prices at about 17 to 71 cents per cwt.

- Date: 2018-09-06 · published 2018-09-06T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/63186-global-dairy-prices-take-a-hit-2018-09-06-dairy-foods
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tariffs are bearish for U.S. milk prices but a smaller factor than slowing global demand, so buyers should watch import demand for dairy more than trade headlines.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-02-02 | [US cheese and dairy growth, prices on a downward trend - Food & Agribusiness](https://feedsoft.ai/events/5879-us-cheese-and-dairy-growth-prices-on-a-downward-trend-food-and-agribusiness.md) | -0.5% | -1.1% |
| 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 | 2018-07-02 | [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 | 2016-11-23 | [State of the Industry 2016: It’s a buyer’s market for dairy ingredients \| 2016-11-23  \| Dairy Foods](https://feedsoft.ai/events/73867-state-of-the-industry-2016-it-s-a-buyer-s-market-for-dairy-ingredients-2016-11.md) | 0.0% | +3.3% |
| MILK | 2025-01-01 | [Economist: Dairy industry could take a hit from tariffs \| Cornell Chronicle](https://feedsoft.ai/events/6088-economist-dairy-industry-could-take-a-hit-from-tariffs-cornell-chronicle.md) | +8.9% | +8.8% |

## Sources

- dairyfoods.com: https://www.dairyfoods.com/articles/93120-global-dairy-prices-take-a-hit

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