PARIS, Oct 7 (Reuters) - Commodity broker StoneX ( SNEX ) has

partnered with price reporting agency Expana to launch

over-the-counter dairy contracts based on Expana's European

dairy price benchmarks, the companies said on Tuesday.

The initial contracts will cover fat-filled milk powder and

high-protein whey, with plans to expand to other dairy products

over time.

The partnership aims to meet growing demand for new tools to

manage risk and volatility in the dairy market, the companies

said.

Financial operator Euronext last month said it would launch

cash-settled European dairy contracts based on European butter

and skimmed milk power next year.