# Global Dairy Commodity Update March 2021 - EDairy News English

> A dairy market update reports positive short-term outlook for European and Oceania dairy markets. It cites persistent EU cheese and butterfat demand, strong Chinese import demand and slowing global milk supply. US exporters are seeking to use weak domestic prices to expand exports.

- Date: 2021-03-04 · published 2021-03-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7531-global-dairy-commodity-update-march-2021-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing global milk supply and steady import demand support dairy prices in the near term. US export competition at low domestic prices is a counterweight for buyers.

## Sources

- en.edairynews.com: https://en.edairynews.com/global-dairy-commodity-update-march-2021/

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