Stable Launches Price Hedging on DCA’s Gouda price series
Stable announces the launch of Gouda price hedging capabilities for prices published by DCA-Markets to allow producers, processors, and industry participants the ability to protect their business against volatile prices, with minimal basis risk.
René van ‘t Riet, director DCA-Markets: “Our price indices are widely used as reference prices and as benchmarks to settle physical contracts. We are particularly pleased that this is now also the case for the ground-breaking risk management tools of Stable”,
Stable is a global commodity price risk management platform operating across 5,000 agricultural markets. It specialises in offering price protection for commodities that aren’t traded on an exchange by offering simple and targeted options-based risk management solutions, settling directly against reference prices published by entities such as DCA-Markets. All hedging strategies are bespoke, low risk and require no margining or maintenance.
Richard Counsell, CEO of Stable: “As a dairy farmer's son myself, I know first-hand how important managing price risk can be for this industry. We’re delighted to bring this game changing risk management capability to the dairy markets and help businesses invest in the future with confidence.”
Dutch DCA-Markets, an independent price reporting agency since 2005, has authoritative price indices for dairy, meat, potatoes, onions, and other vegetables. These prices are available through sophisticated dashboards that give the oversight of the market that professionals in the commodity market need to make the right decisions on cost, margin, and risk.
This unique combination of industry expertise is changing the game for businesses of every size and sector. Initially Stable will partner with DCA-Markets to launch Gouda price protection tools, with the aim to expand to wider dairy markets later this year.
For further information call Tim Vrolijk at 31 320 269 523 or the Amsterdam team of Stable at 31 97010255085