The impact of tariffs on dairy prices has been a heavy topic of discussion this summer.
Across the ag space on Monday most commodities closed in the green with the exception of lean hogs.
President Trump's hard-knocks negotiating turns trade diplomacy upside down.
As traders waited for news of the outcome of discussions between Mexico, Canada and the United States, dairy markets received a positive lift across the board with one notable exception, butter.
While talks between Canada, Mexico and the United States continue, the dairy markets grew weary on Thursday.
What stunned me was USDA’s announcement of the paltry 12¢/cwt payment.