Agricultural Advisory Committee

Commodity Futures Trading Commission
Agricultural Advisory Committee
29th Meeting

1:30 – 5:00 p.m.
Wednesday, March 28, 2001


1:30 p.m.

Welcoming remarks

1:40 p.m.

The Commodity Futures Modernization Act of 2000 (CFMA) and proposed changes to CFTC regulations
- Paul Architzel, Chief Counsel, Division of Economic Analysis (DEA), CFTC

2:10 p.m.

“Special Procedures to Encourage and Facilitate Bona Fide Hedging by Agricultural Producers,” new Section 4p of the Commodity Exchange Act, as added by the CFMA
- Ron Hobson, Senior Economist, DEA, CFTC

2:20 p.m.

Review of agricultural trade options (ATOs) and other risk management alternatives in light of CFMA and proposed regulatory changes
- Jack Dougherty, Vice President, Commodities, Kent Feeds, Inc. (registered ATO Merchant)
- Bill Dodds, Grain Merchandising Manager, The Andersons, Inc., National Grain and Feed Association
- Melinda Schramm, Chairman, National Introducing Brokers Association

3:20 p.m.


3:30 p.m.

Warehouse Act of 2000 – implications for agricultural futures
- Fred Linse, Chief, Agricultural Commodities Unit, DEA, CFTC
- David Lehman, Managing Director, Product Development, Chicago Board of Trade

4:00 p.m.

Report on current activities by USDA’s Risk Management Agency
- Phyllis Honor, Acting Administrator, Risk Management Agency, United States Department of Agriculture

4:15 p.m.

Recent developments in electronic derivatives trading
- John Bird, Industry Economist, DEA, CFTC

4:30 p.m.

Other business