# This Week In Dairy 02-05-2021 - Total Farm Marketing by Stewart-Peterson

> Class III milk futures rallied on Friday after recent data showed butter exports up 115% and whey exports up 27% from a year earlier. Cheese production in December rose about half a percent from a year earlier, and the Global Dairy Trade index rose for a sixth straight event. Corn futures traded in a tight range ahead of the WASDE report.

- Date: 2021-02-05 · published 2021-02-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48648-this-week-in-dairy-02-05-2021-total-farm-marketing-by-stewart-peterson
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stronger export pull and a firmer Class III benchmark support milk prices, though cheese output remains ample.

## Read by commodity

- CORN: neutral
- MILK: bullish ▲

## Sources

- totalfarmmarketing.com: https://www.totalfarmmarketing.com/this-week-in-dairy-02-05-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.