Understanding Dairy Price Volatility

http://www.cme.com/edu/events/forms/volatility_sem_reg.html

CME Group Seminar:
Understanding Dairy Price Volatility

On Thursday, November 29, 2007, CME Group will welcome Dr. Mark Stephenson of Cornell University to discuss recent dairy price volatility including contributing factors, potential impacts of congressional decisions and variables that you should be watching to gauge the impact of these changes.

Learn about:

Variables affecting cheese, whey, butter and powder pricing
Major factors affecting milk production over the next year
Using an analytical approach to milk pricing
Potential impacts of the new farm bill and the relevance of the CWT program

Speaker Biography:
Dr. Mark Stephenson began his career on the production side of the dairy industry. Following degrees in Dairy Science from Michigan State University in the late 1970s, he worked for Cooperative Extension in that state. Mark returned to school at Cornell University to complete a Ph.D. in Agricultural Economics with an emphasis on dairy marketing. Prior to his present appointment, he was a member of the Agricultural Economics faculty at the University of Wisconsin at River Falls. Currently, Dr. Stephenson is a member of the faculty at Cornell University in the Department of Applied Economics and Management (AEM). His work at Cornell focuses on dairy markets and policy issues at the farm and processor levels.