The Farmers’ Union of Wales (FUW) is looking forward to "a busy day" at the Welsh Dairy Show on Tuesday, October 30.

Hosting two seminars on the day at the FUW stand, the focus will be on the challenge of managing milk price volatility in a fair and transparent way and we will be exploring what the opportunities and challenges are for the dairy industry post Brexit from an exporters point of view.

Highlights include DairyVol co-founder Tim Cowen who will speak on the topic 'Future Milk Prices Smoothing Volatility Without Speculating'.

The event starts at 11:30am and will provide an opportunity to ask questions. It is claimed the event will also give attendants a deeper understanding of how dairy farmers can secure a fair long-term milk price by taking the tops off the highs and bottom off the lows.

Cowan says he is passionate about the agricultural industry and, coming from a farming family in northern England, he continues to take an active role in the business.

He has spent 15 years working in the investment banking industry for Bank of America, Merrill Lynch and Nomura as a director specialising in derivatives and volatility trading.

He now aims to harness his in-depth experience and practical understanding of both the financial and agricultural worlds to help the dairy industry achieve a more sustainable future.

The second seminar of the day will start at 2:00pm. head of animal nutrition marketing at Volac, John Reynolds, will discuss what the opportunities and challenges are for the dairy industry post Brexit from an exporters point of view.

Those visiting the show are also invited to join the FUW for some warming cawl at its stand, as well as plenty of 'Farming Matters' chats.

Speaking ahead of the event, FUW Milk and Dairy Committee chairman Dai Miles said: "The FUW is proud to support the Welsh Dairy Show and following the success of last year’s seminars have two more this year.

"The seminars cover very topical subjects and are open to all."