The CUSMA dairy fight is worth about a nickel per hundredweight. A $4.98 class spread and your debt-coverage ratio are what actually decide if you're still milking in 2030.

The Bullvine Podcast lines up the political nickel against a real cost structure: total economic cost hit $23.56/cwt in 2024 against a $21.63 net milk price, and USDA forecasts $20.70 milk for 2026. North Dakota went from 1,810 dairy farms to 23. It wasn't the border — it was depooling, thin blend prices, and lenders who saw the DSCR before the family did.

What you'll learn:

• Why the $200M CUSMA claim shrinks to a nickel per cwt once you do the math
• How a $4.98 Class III–IV spread lets handlers depool and thin your blend price
• What a $1/cwt shortfall costs a 400-cow herd — roughly $96,000 a year
• Why a sub-1.0× DSCR means your lende ...