DCA Benchmarks: Powder market commentary week 38

Dairy powders observed mixed results in week 38 (September 15), both within milk powders and whey powders. Gains were observed in WMP, SMP food, SWP Food and lactose contrasting with declines in FFMP and SWP Feed. Despite generally firm price levels, trading activity remained subdued as uncertainty and a wide gap between buyer and seller expectations continued to shape the market.