StoneX Financial, a subsidiary of StoneX Group Inc., has received approval from the Financial Markets Authority (FMA) in New Zealand to offer milk price risk management solutions to retail industry participants in the country. This licence enables StoneX to provide dairy farmers with tools to help them manage their exposure to milk price volatility and improve income certainty.

A key focus of the initiative is to expand access to risk management tools for sharemilkers, a segment that has historically faced limited access to hedging solutions despite often being among the most financially exposed participants in the dairy supply chain.