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Use an independent market reference alongside your own prices and agreements.
Independently reviewed benchmark governance
Confidence behind every reference price
34 DCA dairy benchmarks have been independently reviewed against the IOSCO Principles for Financial Benchmarks. The review covers the governance, methodology, controls and processes behind benchmarks used by professionals across dairy markets.
Built for professional benchmark use
34 independently reviewed dairy benchmarks
Independent review
4 product groups
Annual assessment
Why it matters
A benchmark has to stand up to commercial scrutiny
A benchmark can influence negotiations, contracts, valuation and market analysis. So the number alone is not enough. You need to know how it was produced.
DCA combines clear benchmark specifications with documented methodologies, independent governance and controlled publication. The result is a reference price that can be understood, checked and used with confidence.
Negotiate
Bring a recognised reference point into supplier and customer discussions.
Index
Link contracts and pricing mechanisms to clearly defined benchmarks.
Explain
Show colleagues how a reference price is defined and produced.
“IOSCO alignment reflects the governance discipline we have built from the outset and continuously maintain.”
IOSCO principles in practice
Governance you can see,
not just a compliance label
Four connected controls help protect the integrity, consistency and professional usability of DCA benchmark prices.
Transparent methodologies
See how each benchmark is defined, assessed and published.
Data quality & validation
Relevant information is checked for relevance, consistency and credibility.
Independent governance
Defined responsibilities and controls support objective benchmark production.
Corrections & complaints
Documented procedures govern corrections, complaints and other exceptional situations.
Audited scope
34 dairy benchmarks across
four product groups
9 benchmarksCheese
Gouda · Edam · Mozzarella · Cheddar · Emmentaler · Maasdam · Cagliata
7 benchmarksDairy powders
SMP Food · SMP Feed · WMP · Whey powder · Lactose · Fat-filled milk powder
4 benchmarksDairy liquids
Raw milk · Skimmed milk · Skimmed milk concentrate · Whey concentrate
3 benchmarksMilk fat
Fresh lactic butter · Cream · AMF
Need the benchmark-level scope?
Review the complete benchmark list and navigate to DCA's individual benchmark specifications.
From market input to publication
A controlled process
behind every assessment
Market information does not simply become a benchmark price. DCA follows a documented process designed to support consistency, independence and traceability.
Read the public methodology- Professional market inputRelevant information from active market participants.
- Validation & assessmentInformation is reviewed against the benchmark methodology and specification.
- Governance oversightDocumented controls support independent benchmark production.
- Transparent publicationBenchmark prices are published together with the information needed to understand the reference.
Independent audit documentation
Want to see exactly what was independently reviewed?
Access the audit documentation and scope.
View audit summaryIOSCO compliance
Frequently Asked Questions
What does IOSCO mean for DCA benchmarks?
For DCA, IOSCO alignment means that the governance, methodology, controls and oversight around the audited dairy benchmarks have been independently reviewed against the IOSCO Principles for Financial Benchmarks.
Which DCA benchmarks are within the audited scope?
The independent review covers 34 DCA dairy benchmarks across cheese, dairy powders, dairy liquids and milk fats. The benchmark-level scope is documented in the audit material and individual benchmark specifications.
Who performed the independent audit?
The independent external review was performed by Projective Group. The resulting audit documentation describes the scope, controls reviewed and the Statement of Compliance.
How are the benchmarks used by professionals?
Professional market participants use DCA benchmarks for price comparison, commercial negotiations, contract indexation, valuation, risk management and market analysis.
Can I review the audit documentation?
Yes. You can view the public audit summary directly and request the full Statement of Compliance using the form on this page.
Can I try the platform before subscribing?
Yes. Professional users can start a 14-day free trial to explore DCA benchmark prices, market data, dashboards and analysis before subscribing.