DCA Benchmarks: Powder market commentary week 34

The dairy powder market faced a substantial increase across all benchmarks in week 34 (August 20). SMP led the upward movement, increasing by 5.1% for Food and 6.4% for Feed, while WMP and whey powder benchmarks also posted increases at a more moderate pace. Market sentiment remained firm, supported by tighter availability, declining milk collections and strong demand for whey protein ingredients, although uncertainty remains over buyers’ willingness to absorb substantially higher prices.