FOW spoke with Expana CEO Spencer Wicks about the growing demand for new risk-management tools in food and agriculture and how credible, independent data is helping make that possible.
“The evolution of agricultural products will follow the same steps as iron ore, base metals or oil,” Wicks told FOW. “It starts with OTC markets that give exchanges confidence to pick the winners.”
The interview explores how Expana’s benchmarks are supporting the development of agricultural derivatives, starting in the dairy sector, and why transparent data is essential for confidence and liquidity in emerging markets.
About Expana
Expana is the world’s leading agrifood-focused Price Reporting Agency and global information provider, enabling organizations to make smarter strategic decisions. In markets defined by volatility, opacity and risk, Expana equips organizations with the foresight on when to buy or sell, how much, where to source, what to reformulate and how to price. By uniting frequently updated pricing data, predictive forecasts, cost modeling and expert analysis, Expana transforms market data into negotiation power and boardroom-ready intelligence. For more information visit: https://www.expanamarkets.com/product/expana-platform/
