DCA benchmarks: Powder commentary week 15

DCA benchmarks observed mixed results in week 15. Milk powders showed a downward trend across all products, with both skimmed and whole variants declining, and the price gap between food and feed segments widening. In contrast, the whey complex continued to strengthen, supported by steady increases in both food and feed-grade products. Market sentiment has been affected by geopolitical uncertainty, although some participants see opportunities as EU-origin products gain competitiveness in key export markets.