DCA benchmarks: Powder commentary week 27

DCA dairy powder benchmarks observed a notable increase in all reported commodities in week 27, except for SWP Feed. Milk powders were supported by tighter milk availability and stronger liquid dairy prices, while WMP remained relatively stable on steady demand and competitive EU export pricing. Although the whey complex delivered mixed results, contributors highlighted that the decline in SWP Feed appears disconnected from current market fundamentals, suggesting that prices may recover in the coming weeks.