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CFTC Reintroduces Agricultural Advisory Committee and Announces Members

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Summary

The CFTC announced the re-establishment of its Agricultural Advisory Committee and named 37 members from across the agricultural sector. Chairman Michael S. Selig will sponsor the committee, with Emma Johnston serving as designated federal officer. The AAC aims to provide a direct communication channel between the CFTC and agricultural market participants to inform policy decisions affecting farmers and ranchers nationwide.

What changed

The CFTC announced the re-establishment of its Agricultural Advisory Committee, appointing 37 members from agricultural industry associations, commodity trading firms, futures exchanges, banks, and government agencies. The committee will serve as a communication channel between the CFTC and agricultural market participants.

Agricultural producers, commodity traders, and futures exchanges should monitor the AAC's activities as its recommendations may influence future CFTC regulatory policy affecting commodity futures markets. The committee provides stakeholders an avenue to voice concerns and share market perspectives with the regulator.

What to do next

  1. Monitor CFTC Agricultural Advisory Committee activities and recommendations

Archived snapshot

Apr 11, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Release Number 9209-26

CFTC Announces Agricultural Advisory Committee Members

April 10, 2026

WASHINGTON — The Commodity Futures Trading Commission today announced the members of the Agricultural Advisory Committee.

“I’m proud to re-launch the CFTC’s Agricultural Advisory Committee to ensure that our agricultural growers and producers have a seat at the table and have their voices heard,” Chairman Michael S. Selig said. “The AAC’s work will help ensure the CFTC’s decisions are informed by the perspectives of the agricultural industry.”

Chairman Selig is the sponsor of this committee and nominated Emma Johnston as the committee’s designated federal officer.

The AAC serves as a vital information source to promote and advise on sound policy that impacts millions of farmers and ranchers across the country. Having a direct line of communication to market participants in all aspects of the agricultural sector is essential to ensure the agency’s regulations are adapting to market and consumer needs. The following individuals have been appointed as ACC members:

  1. Gabe Afolayan, Vice President, Soybean Merchandising & Trading, Cargill
  2. Buddy Allen, President & CEO, American Cotton Shippers Association
  3. Dr. Melissa Bailey, Associate Administrator, Agricultural Marketing Service, United States Department of Agriculture
  4. Joe Barker, Representative, National Council of Farmer Cooperatives
  5. Dr. Justin Benavidez, Chief Economist, Office of the Chief Economist, United States Department of Agriculture
  6. Chris Betz, Representative, Michigan Agri-Business Association
  7. Robbie Boone, Senior Vice President of Regulatory Affairs and General Counsel, Farm Credit Council
  8. Gerry Corcoran, Chief Executive Officer, R.J. O’Brien, a StoneX company
  9. Patrick Coyle, Representative, National Grain and Feed Association
  10. Daniel Diez, Representative, Cocoa Merchants Association of America
  11. Neil Donovan, Director of Trading North America Soybeans, Bunge
  12. Mike Drinnin, Chairman of the Live Cattle Marketing Committee, National Cattlemen's Beef Association
  13. Ed Elfmann, Senior Vice President, Agricultural & Rural Banking Policy, American Bankers Association
  14. Robert Froom, Representative, North American Export Grain Association
  15. Matt Frostic, First Vice President, National Corn Growers Association
  16. Tommy Hayden, Jr., Representative, Commodity Markets Council
  17. Ahmet Hepdogan, Representative, American Bakers Association
  18. Tom Hoffman, Portfolio Manager, Citadel
  19. Bryan Humphreys, Chief Executive Officer, National Pork Producers Council
  20. Sudhir Jain, Partner, Patomak Global Partners
  21. Jeff Lloyd, Vice President, Global Oilseed Risk Desk, Archer Daniels Midland
  22. Corey McCray, Vice President of Government Relations, National Oilseed Processors Association
  23. Mark McHargue, Board of Directors, American Farm Bureau Federation
  24. Nelson Neale, Board Member, Futures Industry Association
  25. Ethan Ongstad, Interim President, MIAX Futures Exchange, LLC
  26. Kimberly Parks, Representative, National Milk Producers Federation
  27. Ed Prosser, Senior Vice President of Emerging Businesses, The Scoular Company
  28. Derek Sammann, Global Head of Commodities, Options, and International Markets, CME Group, Inc.
  29. Mark Scanlan, Senior Vice President for Agriculture and Rural Policy, Independent Community Bankers of America
  30. Liam Smith, Representative, PTG
  31. Curt Strubhar, Representative, Grain and Feed Association of Illinois
  32. Brad Sullivan, Chief Operating Officer, ICE Futures US
  33. Justin Tupper, Vice President, Board of Directors, U.S. Cattlemen's Association
  34. Wes Uhlmeyer, Chief Executive Officer, Greenfield Holdings, LLC
  35. Ryan Weston, Representative, American Sugar Alliance
  36. Jason Wheeler, Representative, USA Rice Federation
  37. Brandon Wipf, Director, American Soybean Association -CFTC-

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Last updated

Classification

Agency
CFTC
Published
April 10th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Government agencies Agricultural firms Financial advisers
Industry sector
1111 Crop Production
Activity scope
Futures market regulation Agricultural commodity trading Advisory committee participation
Geographic scope
United States US

Taxonomy

Primary area
Securities
Operational domain
Compliance
Topics
Financial Services Agriculture

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