Using milk futures to reduce price volatility and aid planning

Euronext is making a bid to develop a dairy market but Ireland could have leading role in exchange modelled on CME.

Joe Thome and his wife Diane run a very profitable 1,300-cow herd on Redtail Ridge Dairy, their family farm located near Malone, Wisconsin, in the United States.

Mr Thome was among the guest speakers at the recent IFA-hosted ‘Making Risk Management Work For Farmers’ seminar in the Heritage Hotel, Killenard, Co Laois.