# Milk prices and optimism falling fast - Brownfield Ag News

> Dairy expert Mark Stephenson says optimism for higher milk prices later this year is fading, citing trade wars and pending Chinese tariffs on dairy products. Since June 1, July Class III milk futures have fallen $2.13 per hundredweight, with August and September also lower, and cash butter, cheese and nonfat dry milk have declined.

- Date: 2018-06-25 · published 2018-06-25T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64653-milk-prices-and-optimism-falling-fast-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected Chinese tariffs on US dairy would reduce exports and leave more product domestically, adding downward pressure on US dairy prices.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-12-30 | [Milk price outlook for 2026 not good - Brownfield Ag News](https://feedsoft.ai/events/9577-milk-price-outlook-for-2026-not-good-brownfield-ag-news.md) | -4.9% | -7.2% |
| 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 | 2023-07-06 | [Part One: What’s driving rocky road for milk prices? \| Ag Moos](https://feedsoft.ai/events/35065-part-one-what-s-driving-rocky-road-for-milk-prices-ag-moos.md) | -1.0% | +24.8% |
| 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 | 2025-01-26 | [Volatility Stirs Class III Milk Prices - Mid-West Farm Report](https://feedsoft.ai/events/26661-volatility-stirs-class-iii-milk-prices-mid-west-farm-report.md) | +0.3% | -0.4% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/milk-prices-and-optimism-falling-fast/

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