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Class III milk has fallen by $2 to $3 from about $19.50-$20 to near $17 in recent months, which an analyst attributes to tariff uncertainty. Tariffs on Mexico and Canada are paused until April 2, and dairy producers are booking canola and soybean meal to lock in feed costs.
Trade uncertainty is pressuring milk prices, and producers locking in canola and soybean meal supports near-term meal demand.
rrfn.comJamie Dickerman2025年3月28日在过去 49 次看跌的贸易事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.3%（39% 上涨；中间一半区间为 -4.7% 至 +1.5%），20 个交易日内为 -0.4%。
历史可比事件尚不足，暂无法给出历史解读。
在过去 342 次看涨的贸易事件之后，豆粕 在 5 个交易日内中位数变动 +0.1%（51% 上涨；中间一半区间为 -1.1% 至 +2.6%），20 个交易日内为 +0.6%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Tariff uncertainty was already pressuring Class III futures lower, and an analyst linked the $2-3 decline to trade fears ahead of the April 2 tariff deadline, a plausible sentiment driver for the sharp drop.
