DCA-Markets introduces three new dairy quotations
DCA-Markets expands its range of dairy quotations. Today, on Thursday, September 28, three new DCA dairy quotations will be introduced: for Fat-Filled Milk Powder, Frau Antje foil cheese and Natural Cheese. The three new dairy quotations and their specifications can be found on here: https://www.dca-markets.com/benchmarks and will be announced to clients and partners at 4:00 PM, along with the other DCA dairy quotations.
For years, DCA-Markets has been publishing spot prices for raw milk, which have been regarded as a significant benchmark in the liquid dairy market since 2009. Over the years, quotations for skim milk concentrate, cream, Gouda and Edam foil cheese, cheddar (curd/mild), skimmed milk powder (food/feed), whole milk powder and whey powder (food/feed) have been added. DCA-Markets positions itself as a leading Price Reporting Agent (PRA) for these markets in Northwestern Europe.
Transparant in dairy valorization
Tim Vrolijk, managing director of DCA-Markets, stated, "These three new quotations align with our aim to make the majority of milk valorization transparent in the dairy chain. We publish quotations that reflect the current price trends in the actual week, which makes a significant difference in today's volatile markets. With these quotations, we provide market participants with tools to realize (fixed) price agreements. DCA-Markets has no vested interest in the results of the exclusive quotations: we remain independent."
One Consistent, Independent and Transparent Methodology
DCA-Markets employs the same methodology for listings in the dairy segment. This means that prices are collected on Thursdays from a selected price panel. They report the trades they have conducted in the respective product, which is exactly specified by DCA-Markets, during the 'current week.' These specifications have been jointly established in the sector and are transparent to everyone, as is the methodology employed. It is in line with the rules set by the European Commission, making DCA's approach unique.
DCA Group, based in Lelystad, was founded in 2004 and has been providing the agricultural and foo sector with independent market information, market analyses, risk management and consultancy services since then. The goal is to assist the agri-food sector in making the best strategic and tactical decisions