Comment Text:
Meeting with Agrivisor
Thursday, March 31, 2011
Memo from
Hammar, Julian
CFTC Staff :
Terry Arbit
David Aron
Julian Hammar
Eric Juzenas
Ryne Miller
External Attendees :
Rob Huston (Agrivisor)
Additional Information :
At the meeting, participants discussed the swap dealer definition and the impact on Agrivisor's business. Agrivisor is a subsidiary of an agricultural cooperative that enters into swaps with the cooperative and its members in order to manage the risk of the cooperative's members. Agrivisor does not itself handle physical commodities, but the cooperative of which it is a subsidiary does. Agrivisor described its particular organizational structure as unique within the industry.
