On Thursday, November 29, 2007 CME Group welcomed 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.

• 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