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Class III futures were on a roller coaster with back-and-forth tariff news.
Green and Gold is a story of hope and commitment
“It’s unlikely that changes in tariffs will impact prices headed into the Super Bowl, however, we’ll see how it plays out in the coming weeks,” Dr. Michael Swanson says.
Trump recently signed three executive orders imposing tariffs on Canada, Mexico and China. This marks the first time a president has used powers granted under the International Emergency Economic Powers Act of 1977.
Just hours before the tariffs were set to take effect, Mexican President Claudia Sheinbaum announced the news on X, and President Donald Trump later confirmed. Mexico is the top destination for U.S. ag exports. The announcement from Canada came later on Monday.
As we venture further into 2025, the dairy industry faces significant challenges and opportunities. Phil Plourd, the President of Ever.Ag Insights, highlights three pivotal stories shaping the market landscape this year: exports, milk production growth and consumer demand.