The Farmers’ Union of Wales is looking forward to a busy day at the Welsh Dairy Show on Tuesday October 30.
Hosting 2 seminars on the day at the FUW stand, the focus will be on the challenge of managing milk price volatility in a fair and transparent way and we will be exploring what the opportunities and challenges are for the dairy industry post Brexit from an exporters point of view.
Addressing the ‘Future Milk Prices? Smoothing Volatility Without Speculating’ seminar is DairyVol™ co-founder Tim Cowen. The event will start at 11.30am and provides an opportunity to ask questions, as well as getting a deeper understanding of how dairy farmers can secure a fair long term milk price by taking the tops off the highs and bottom off the lows.
Tim is passionate about the agricultural industry and coming from a farming family in North England, he continues to take an active role in the business.
He spent 15 years working in the investment banking industry for Bank of America Merrill Lynch and Nomura as a director specialising in derivatives and volatility trading.
He now aims to harness his in-depth experience and practical understanding of both the financial and agricultural worlds to help the dairy industry achieve a more sustainable future.
The second seminar of the day, starting at 2 pm, will hear from John Reynolds, Head of Animal Nutrition Marketing at Volac, as they discuss what the opportunities and challenges are for the dairy industry post Brexit from an exporters point of view.
Those visiting the show are also invited to join the FUW for some warming cawl at its outside trailer, as well as plenty of #FarmingMatters chats.
Speaking ahead of the event, FUW Milk and Dairy Committee Chairman Dai Miles said: "The FUW is proud to support the Welsh Dairy Show and following the success of last year’s seminars have two more this year. The seminars cover very topical subjects and are open to all. Croeso I pawb."