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210 | Navigating March Dairy Market Dynamics

Join us at Central Plains Dairy Expo for Happy Hour! If you are heading to Sioux Falls, stop by the Sheraton Hotel Atrium (party deck) on Wednesday, March 26 from 4-7 p.m. Enjoy a complimentary cocktail with some of the familiar faces and voices from Uplevel Dairy Podcast and chat with the sponsors that make this podcast possible including: Adisseo Compeer Complete Management Consulting HighGround Dairy Milc Group Nedap In this episode of the Uplevel Dairy Podcast, Peggy is joined for the Monthly Market Update by Curtis Bosma from High Ground Dairy to chat about current trends and forecasts in the global dairy market for March. They discuss the decline in dairy farm profitability and the impact of varying regional conditions on milk production. The episode also covers key products affecting milk pricing such as cheese, butter, and milk powders, highlighting concerns over domestic and export demand, especially with potential tariffs. The conversation is rounded off with winter crop forecasts affecting the market outlook for 2025 and risk management strategies for producers. This episode is brought to you by: HighGround Dairy provides global dairy market intelligence, insurance services, futures & options brokerage, and advisory programs to a diverse range of dairy market participants throughout the supply chain.Information shared in this podcast is for educational purposes and is not a solicitation to buy or sell commodities. Opinions expressed are current opinions as of March 17 at 3 p.m. CST and only represent the views of the speaker and not those of HighGround Trading, unless otherwise expressly noted. 00:00 Welcome to the Uplevel Dairy Podcast 00:10 Join Us at Central Plains Dairy Expo 00:53 Introduction to High Ground Dairy 02:21 Market Update: March Overview 02:34 Dairy Farm Profitability Insights 07:28 Milk Production Trends 11:13 Cheese Market Volatility 16:54 Butter Market Challenges 18:44 Milk Powders and Export Dynamics 22:24 Grain Market Projections 27:31 Strategic Planning for Dairy Producers 29:26 Conclusion and Upcoming Events

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