RELEASE: erscontractdesignworkshopagend

Tuesday, June 9, 2009 – Waugh Auditorium – 1800 M St, NW, Washington, DC

1:00 p.m.

Welcome – Sarahelen (Sally) Thompson, Director, Market and Trade Economics Division, USDA Economic Research Service, and Jeff Harris, Chief Economist, Commodity Futures Trading Commission

1:15 p.m.

Opening Remarks - Neilson Conklin, President, Farm Foundation

1:30 p.m.

Jeffrey Williams "Whose Markets? Revisited” – University of California, Davis

2:20 p.m.

Scott H. Irwin, Philip Garcia, Darrel L. Good, and Eugene L. Kunda “Poor Convergence Performance of CBOT Corn, Soybean and Wheat Futures Contracts: Causes and Solutions “– University of Illinois

3:10 p.m.

Break - Refreshments

3:30 p.m.

Amit Kumar Vasisht “Contract Design and Trading bans on Indian Futures Contracts– Indian Agricultural Statistics Research Institute, Indian Council of Agricultural Research

4:20 p.m.

Samarth Shah and B. Wade Brorsen “Electronic vs. Open Outcry Trading in Agricultural Commodities Futures Markets” – Oklahoma State University

5:10 p.m.

Adjourn to CFTC First Floor Hearing Room for Reception

5:30 p.m. - 7:00 p.m.

CFTC Reception - 1155 21^st St, NW, Washington, DC

Wednesday, June 10 – Waugh Auditorium – 1800 M St, NW, Washington, DC

8:00 a.m.

Coffee and pastries

8:10 a.m.

Roger Dahlgran “Why Is the US Ethanol Futures Contract a Success?” – University of Arizona

9:00 a.m.

T. Randall Fortenbery “Designing New Futures Contracts: Experience with Dairy Markets” – University of Wisconsin

9:50 a.m.

Break

10:10 a.m.

John Roberts “The Role of Actively Traded Multiyear Futures Contracts In Price Discovery” – University of Maryland

11:00 a.m.

Panel Discussion - Aaron Smith, U. C. Davis, Robert Hauser, University of Illinois, Virginia France, University of Illinois, and Steven Turner, Mississippi State University

Noon

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