Mexico
As 2025 begins, the dairy industry finds itself navigating shifting trade dynamics, volatile markets, and evolving consumer preferences.
Dairy producers are closely watching how potential trade changes could affect exports, particularly as concerns rise over Canada’s compliance with the USMCA and the critical role of top trading partners.
Jim McCormick with AgMarket.Net says Mexico, Canada and China are the top three export customers of the U.S. and account for 40% of total exports. So, if these countries retaliate it could be devasting for trade and ag markets.
Uncertainty remains whether falling output in Mexico benefit the U.S. dairy industry.
Trump said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.
International demand needs to pick up before U.S. milk prices can increase significantly.
2024 should be a good year for U.S. cheese exporters.
A growing population and an increase in consumer purchasing power in Mexico will support U.S. exports
Mexico has agreed to nearly every request to address sugar trade issue.
U.S. bristles after Canada escalates trade fight at WTO.
Shutting down access to the U.S.-Mexico border could impact a relationship between the largest buyer of dairy exports which has two dairy cooperatives concerned.
Just how big of an impact could trade tariffs have on the dairy industry?
The possible loss of trade with Mexico and China could result in a $1.154/cwt loss to dairy farmers in the U.S. totaling $2.77 billion in annual losses.
Shutting down access to the U.S.-Mexico border could impact a relationship between the largest buyer of dairy exports which has two dairy cooperatives concerned.