Peggy Coffeen and Curtis Bosma from HighGround Dairy are catching up on the monthly market updates for April.
In this conversation, they discuss 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.
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