Agricultural Advisory Committee

The Commission and Panelist Presentation at Agricultural Advisory Committee

The following presentations were given by the panel of panelist at the CFTC Agricultural Advisory Committee Meeting on December 6, 2007 on the Changing Roles of U.S. and Global Markets: Speculation, Hedging and Global Competitiveness.

Transcript on the Changing Roles of U.S. and Global Markets: Speculation, Hedging and Global Competitiveness

Commission Opening Statements

Changes in Price Discovery and Market Structure

  • Mike Gorham
    Illinois Institute of Technology
     

Panel I – Role of Speculation in the Agricultural Futures Markets

  • David Kass
    Senior Economist, CFTC
     
  • John F. Fenton
    Deputy Director of Market Surveillance, Division of Market Oversight, CFTC
     
  • Don Heitman
    Senior Special Counsel, CFTC
     
  • David Lehman
    Director, Commodity Research & Product Development, CME Group

Panel II – Industry Discussion

  • Tom Erikson
    Bunge
     
  • Tom Coyle
    National Grain and Feed Association
     
  • Dan Brophy
    Chairman, CMC Futures Committee
     

Panels II – The Role of Agricultural OTC Markets

  • Don Heitman
    Senior Special Counsel, CFTC
     
  • David Lehman
    Director, Commodity Research & Product Development, CME Group
     
  • Tom Farley
    ICE Futures
     

Panels II – Global Carbon Markets

  • William M. Ferretti
    Chicago Climate Exchange
     
  • Dave Miller
    Iowa Farm Bureau Federation
     
  • Doug Sombke
    South Dakota Farmers Union