219 | Tariffs, Trade Tensions, and Dairy Futures: April Monthly Market Update
In this episode of the Uplevel Dairy Podcast, Peggy Coffeen and Curtis Bosma from HighGround Dairy are catching up on the monthly market updates for April.
In this conversation, you can hear about the impact of tariffs on dairy exports such as whey protein and non-fat dry milk, and how planting projections for corn and soybeans in 2025 might affect the dairy industry. The episode also delves into the volatility of the markets influenced by recent announcements from the Trump administration.
Curtis shares insights into the broader implications for the dairy market, focusing on export reliance and the potential effects on U.S. dairy products, particularly regarding trade tensions between the U.S. and China. The episode further covers milk production trends amidst rising costs and the benefits of beef cross calves, as well as the importance of strategic and agile risk management in navigating market changes. Curtis emphasizes the necessity for dairy producers to stay proactive and flexible in their risk management strategies to optimize margins amid market uncertainties.
00:00 Introduction to Tariffs and Dairy Exports
01:12 Market Reactions to Tariff Announcements
04:12 Impact on Dairy Markets
08:48 Milk Production Trends and Challenges
12:04 Corn and Soybean Planting Projections
17:04 Risk Management Strategies
20:10 Conclusion and Final Thoughts
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 April 16 p.m.12:30 CST and only represent the views of the speaker and not those of HighGround Trading, unless otherwise expressly noted.
