CME Group partners with EEX to transition European dairy futures business
CME•CME to enter European dairy markets
The move marks CME’s entry into European dairy, with plans to launch European dairy indices, futures and options in the near term.
EEX dairy futures trading will stay available for listed maturities, with no immediate changes to pan-European butter and WECI indices.
CME dairy open interest hit a record 434,071 contracts on Sept. 1, 2026, underscoring demand for dairy risk management.
CME and EEX agree to transition European dairy business
CME Group reached an agreement with European Energy Exchange to transition EEX’s European dairy business to CME before end-2027.
EEX plans to phase out its dairy franchise, shifting indices underpinning existing futures contracts, including European butter and skimmed milk powder.
