# Dairy Market Update March 2021 | MCT Dairies, Inc.

> Global whey and milk powder prices are rising after a multi-year lull, despite higher milk output and pandemic-related disruption. China's imports of skim and whole milk powder have been strong, and shipping issues persist.

- Date: 2021-03-30 · published 2021-03-30T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5256-dairy-market-update-march-2021-mct-dairies-inc
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Robust Chinese import demand is tightening global powder supply, which supports dairy ingredient prices and export competitiveness for US producers. Demand gains could soon outpace supply.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-09-18 | [This Week in Dairy 09-18-2020 - Total Farm Marketing by Stewart-Peterson](https://feedsoft.ai/events/12150-this-week-in-dairy-09-18-2020-total-farm-marketing-by-stewart-peterson.md) | +0.4% | +31.2% |
| MILK | 2016-08-02 | [Milk prices lift as dairy commodity markets rally](https://feedsoft.ai/events/6034-milk-prices-lift-as-dairy-commodity-markets-rally.md) | +12.3% | +10.9% |
| MILK | 2016-08-03 | [Dairy prices shoot up](https://feedsoft.ai/events/6033-dairy-prices-shoot-up.md) | +11.8% | +10.8% |
| MILK | 2021-07-23 | [Weekly dairy digest: USDA releases its annual dairy market and trade report
						 \| The Cattle Site](https://feedsoft.ai/events/46067-weekly-dairy-digest-usda-releases-its-annual-dairy-market-and-trade-report-the.md) | -0.5% | -3.3% |
| MILK | 2026-05-15 | [Protein Demand, Exports Drive Upturn in Milk Markets \| Dairy News \| lancasterfarming.com](https://feedsoft.ai/events/19419-protein-demand-exports-drive-upturn-in-milk-markets-dairy-news-lancasterfarming.md) | -0.2% | -5.7% |

## Sources

- mctdairies.com: https://www.mctdairies.com/dairy-markets-march-2021/

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