A Somerset farmer has created an alternative futures market to make it easier and less costly to manage price risk. The Agricultural Options Exchange (AOX) was test-launched in September, offering the chance to trade opinion on likely future prices of a wide range of farm produce, inputs and weather conditions. About 200 farmers are already signed up to test the product over the next few months, using a fictional £1,000, and more are needed. Creator Richard Counsell has a background […]