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