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Class III milk and cheese prices have been moving sharply day to day. The February Class III price fell from above $21 per cwt earlier in January to around $19 that week, as spot cheese reached its lowest level since mid-December.
Trump's planned early-February tariff on Mexico is also weighing on sentiment because Mexico is a major cheese export market.
Expanding cheese output from new plants combined with the risk of Mexican retaliation points to softer dairy product prices, which lowers milk returns and feed demand for dairy operations.
midwestfarmreport.comPam Jahnke2025/01/26過去の弱気な貿易イベント49件の後、牛乳(クラスIII) は5営業日で中央値 -0.3% 動き（39% が上昇。中央50%は -4.7% から +1.5%）、20営業日では -0.4% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
