Agricultural Advisory Committee

Meeting of the CFTC’s Agricultural Advisory Committee
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581

August 5, 2010

     

I.

Introduction

9:00 - 9:15 a.m. (EDT)

II.

ICE Futures U.S. Cotton No. 2 Contract

 
  • Market Fundamentals, Cotton Report and Informa Study (9:15-9:35)

Marshall Horn, Division of Market Oversight, CFTC
Tom Farley, ICE Futures US

    • Reactions (9:35-9:55)

    Jordan Lea2009 Memorandum on Delivery PointsA Report to the American Cotton Shippers Association, Eastern Trading Company
    John Barrett, Cotton and Grain Farmer
    Woods Eastland, Staplcotn

      • Questions and Discussion (9:55-10:20)

      III.

      Wheat Convergence

       
      • Market Fundamentals and Historical Background (10:20-10:35)

      David Amato, Division of Market Oversight, CFTC
      Nicole Aulerich, Office of the Chief Economist, CFTC

        • Reactions (10:35-11:00)

        David Lehman, CME Group
        Jeffrey C. Borchardt, Kansas City Board of Trade
        Steven K. Campbell, Louis Dreyfus Commodities

          • Questions and Discussion (11:00-11:25)

          Break

          (5 Minute Break)

          IV.

          Livestock Price Reporting

           
          • Market Fundamentals and Price Reporting (11:30-11:55)

          Harry Hild, Division of Market Oversight, CFTC
          Jay Johnson, Grain Inspection, Packers and Stockyards Admin., USDA
          Warren Preston, Agricultural Marketing Service, USDA

            • Reactions (11:55-12:15)

            Paul Peterson, CME Group
            Don Close, Texas Cattle Feeders Association
            Neil Dierks, National Pork Producers Council

              • Questions and Discussion (12:15-12:35)

              V.

              Other Business and Closing Remarks (12:35-1:00)

               

              Donald Heitman, Agriculture and the Dodd-Frank Bill, Division of Market Oversight, CFTC