McKenzie Presents Agricultural Futures and Options Program to Congressional Staffers

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Meeting in Washington were (from left) Professor Andrew McKenzie, Sen. Mark Pryor and Caron Gala, executive director of the Council on Food, Agricultural and Resource Economics.

FAYETTEVILLE, Ark. — Andrew McKenzie, professor of agricultural economics and agribusiness in the University of Arkansas System Division of Agriculture, presented a hands-on workshop on Jan. 28 in Washington covering the fundamentals of agricultural futures and options for congressional staff of all members of the House Committee on Agriculture. McKenzie joined Wade Brorsen, Regents Professor and A.J. and Susan Jacques Chair in the Department of Agricultural Economics at Oklahoma State University, in delivering the presentations.

The Council on Food, Agricultural and Resource Economics (C-FARE – http://www.cfare.org), which organized the workshop, selected McKenzie and Brorsen as renowned experts in the field of agricultural futures markets.
 
McKenzie also discussed the topic of commodity futures markets with Sen. Mark Pryor and his legislative assistant, Stephen Lehrman, and with Chris Huffaker, legislative director for Rep. Steve Womack.

C-FARE is a non-profit organization based in Washington. C-FARE promotes the work of applied economists and serves as a catalyst for incorporating economic thinking into the analysis of food, agricultural and resource decisions.  It serves as a conduit between the academic research and extension community and Washington policymakers and agency personnel, matching expertise to public needs.