StoneX Group Inc. (NASDAQ:SNEX) today announced the launch of a new shell egg contract utilizing a global Price Reporting Agency (PRA) benchmark.
The new contract provides egg producers, buyers, and food industry participants with a tool to help manage price risk and navigate ongoing market volatility.
This offering combines StoneX’s deep expertise in commodity risk management and global derivatives access with a trusted industry Shell Egg benchmark, which is IOSCO-assured and widely used across the agrifood sector. It expands StoneX’s already robust suite of risk management tools, bringing enhanced pricing transparency and supply chain stability by allowing market participants to manage risk across the entire ingredient supply chain, including eggs.
“We’re working every day to address our customers’ need for stable pricing in unpredictable market conditions,” said Ryan Turner, Regional Director…
Read More
