As the value of the U.S. dollar falls against other currencies, dairy products could become more competitive in world markets and help boost exports somewhat—despite retaliatory tariffs.
“The sanity of market analysts has not been the only casualty of this year’s flurry of government activity and trade war threats. The U.S. dollar has also taken a hit in recent weeks,” said Monica Ganley, analyst with the Daily Dairy Report and principal at Quarterra, an agricultural consulting firm in Buenos Airies.
“The news isn’t all bad for the U.S. dairy industry, though, because a weaker dollar will also render U.S. dairy exports more affordable for foreign buyers, who will have to shell out less of their own currency to buy product priced in dollars,” Ganley said. “This dynamic could provide a competitive boost to U.S. exports and help counteract the negative impacts of retaliatory tariffs,” Ganley said.
By Fran Howard
March 20, 2025
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