CME · News · 20260908N
European Dairy Market Expansion
CME GROUP INC. · 2026-09-08 · Importance 31 · Surprise 42 · In source text
CME Group agreed with European Energy Exchange for EEX to transition its European dairy business to CME Group. EEX intends to phase out its dairy business and support the transition of the indices underlying its existing futures contracts. The transition is expected to occur before the end of 2027. The agreement expands CME Group’s dairy risk-management offering from its existing U.S. market into Europe without a disclosed acquisition price.
Key facts
- Under the agreement, EEX intends to phase out its dairy business and support the transition of its suite of indices underpinning existing futures contracts to CME Group before the end of 2027. source
- CME Group and the European Energy Exchange announced an agreement for EEX to transition its European dairy business to CME Group. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Under the agreement, EEX intends to phase out its dairy business and support the transition of its suite of indices underpinning existing… |