FACA Committee Purpose & Justification The information in this plan was imported from the Federal Advisory Committee Act (FACA) database and transformed into StratML Part 1, Strategic Plan, format. Fiscal Year:2011 Committee Type: Non Scientific Program Advisory Board Agricultural Advisory Committee CFTC a9d0ef90-13ac-49b9-9f92-935694f66889 [305]: http://www.cftc.gov/About/CFTCCommittees/AgriculturalAdvisory/index.htm Commodity Futures Trading Commission [7]: http://www.cftc.gov/ Sponsoring Agency Beneficiary Jim Bair North American Millers' Association Committee Member Representative Performer John Blanchfield American Bankers Association Committee Member Representative Performer Robbie Boone Farm Credit Counsel Committee Member Representative Performer Matthew Bruns National Grain and Feed Association Committee Member Representative Performer Fred Clark U.S. Rice Producers' Association Committee Member Representative Performer Christine Cochran Commodity Markets Council Committee Member Representative Performer Mary Colville National Chicken Council Committee Member Representative Performer Roger Cryan National Milk Producers Federation Committee Member Representative Performer Neil Dierks National Pork Producers Council Committee Member Representative Performer Bob Dineen Renewable Fuels Association Committee Member Representative Performer Gregg Doud National Cattlemen's Beef Association Committee Member Representative Performer Michael Dunn Commissioner CFTC Committee Member Regular Government Employee (RGE) Performer John Gaine Managed Funds Association Committee Member Representative Performer Edgar Hicks National Grange, Washington Representative Committee Member Representative Performer Mary Johannes International Swaps and Derivatives Association Committee Member Representative Performer Richard Kirchhoff National Association of State Departments of Agriculture Committee Member Representative Performer Reece Langley USA Rice Federation Committee Member Representative Performer Jordan Lea American Cotton Shippers Association Committee Member Representative Performer John Maguire National Cotton Council of America, Washington Representative Committee Member Representative Performer Gary Martin North American Grain Export Association Committee Member Representative Performer Larry Matlack American Agricultural Movement, Inc. Committee Member Representative Performer Mike Miller National Farmers Organization Committee Member Representative Performer Larry Mitchell American Corn Growers Association Committee Member Representative Performer William Murphy USDA-Risk Management Agency Committee Member Regular Government Employee (RGE) Performer Kevin Natz National Council of Farmer Cooperatives, Washington Representative Committee Member Representative Performer Bev Paul American Soybean Association Committee Member Representative Performer Dana Peterson National Association of Wheat Growers Committee Member Representative Performer Mark Rokala National Sorghum Growers Association Committee Member Representative Performer Mark Scanlan Independent Community Bankers of America Committee Member Representative Performer Doug Sombke National Farmers Union Committee Member Representative Performer Randy Stevenson Rancher-Cattleman Action Legal Fund, United Stockgrowers of America (R-CALF) Committee Member Representative Performer Mary Kay Thatcher American Farm Bureau Federation, Washington Representative Committee Member Representative Performer Ryan Weston American Sugar Alliance Committee Member Representative Performer Sam Willett National Corn Grower's Association Committee Member Representative Performer Chris Wilson American Agri-Women Committee Member Representative Performer Mark Worthey American Bakers Association Committee Member Representative Performer Robert Yonkers International dairy Foods Association Committee Member Representative Performer The Committee was formed to assist the Commission in obtaining information, advice and recommendations from agricultural producers, processors, lenders and others interested in or affected by the agricultural futures and options markets and to serve as a channel of communication between the Commission and the many agricultural and agriculture-related organizations. The Committee acomplishes its purpose by appointing as members persons from a broad cross-section of the agricultural industry who meet as the need arises and whose knowledge and experience qualify them to contribute to Committee tasks. d7936f2d-32fe-46c3-8205-00951b7a8e7f Committee's focus for 2011 was primarily to obtain the views of agricultural futures market experts, national farm organizations, major commodity and agribusiness groups and the farm banking community regarding pending rulemakings. To that end, a major meeting was convened in May 2011. The major topics for discussion were issues related to the Dodd-Frank Act, including position limits, hedge exemptions, the swap dealer definition, the end user exception and margin requirements for uncleared swaps. The AAC also received a presentation on recent activities in the major agricultural markets. 2f413d19-b5f4-400d-8dab-38efb6cd594a Recommandations As the exclusive regulator of agricultural futures markets, the Commission has determined that it is necessary to obtain advice on issues impacting those affected by these markets and to facilitate communications between the Commission and the diverse agricultural and agriculture-related organizations represented on the Committee. The Commission has found that the most efficient and thorough means of obtaining such advice and facilitating such communications is through the current Advisory Committee framework, since, among other things, it would be difficult to assemble a cross-section of persons that represent such a wide variety of agricultural organizations by other means. Moreover, the Advisory Committee is one of the least costly sources of such advice, particularly since the Commission does not compensate nonfederal members and does not provide for nonfederal members' travel expenses and accommodations for meetings. 4718eb04-bcfa-4979-9bb6-1eed6fdec742 Make, Accept, Implement 0b206439-c3a9-4fac-ab66-02a994550e41 955dca7c-7830-4d12-858d-276df635bbe6 Recommendations Made Number Agricultural Advisory Committee Commodity Futures Trading Commission Unspecified n/a 2010-10-01 2011-09-30 There were no formal committee recommendation during the fiscal year, however, the colegial process of developing ideas and problem solving was beneficial. Historically, the committee has provided a forum in which representatives of major agricultural and agriculture-related interests have provided the CFTC with their varying perspectives on agriculture-related issues within the agency's jurisdiction; and as a forum in which issues of mutual interest to the Commission and these interests can be aired. 0 2010-10-01 2011-09-30 98e40e87-afa1-4d27-ae31-38c2dbb9d103 Recommendations Fully Accepted Percentage Agricultural Advisory Committee Commodity Futures Trading Commission For a variety of its own reasons not applicable to the Committee, the agency may implement all/most of the recommendations, but few times recommendations are not implemented. n/a 2010-10-01 2011-09-30 0 2010-10-01 2011-09-30 51aeb512-d290-4d8e-b548-a83085f1ad41 Recommendations Partially Accepted Percentage Agricultural Advisory Committee Commodity Futures Trading Commission There are sometimes a few proposals which were not funded in their entirety, those few being scaled back from their original level of requested funding (allowable under the program). n/a 2010-10-01 2011-09-30 0 2010-10-01 2011-09-30 2010-10-01 2011-09-30 2013-07-09 http://explore.data.gov/resource/datasets/c5i3-bb9j Gannon (J.) Dick gannon_dick@yahoo.com Submit error.