FOR IMMEDIATE RELEASE
Contact: Kelly Sherman
Downes-O’Neill
Kelly.Sherman@DownesOneill.com
(312) 456-3618
DOWNES-O’NEILL™/EDAIRY
OUTLOOK CONFERENCE TO EXAMINE RISING MILK PRICES, COSTS OF INPUTS AND FUELS
First All-Green Conference Also Will
Present Speakers on World Weather Outlook, Chinese Food Imports and Exports, and
Direction of Global Economy
Chicago, April 21, 2008 – Downes-O’Neill,
a division of FCStone, LLC, today announced the lineup of speakers for its 5th
Annual Outlook Conference. The Outlook Conference is a leading gathering
for dairy-industry executives, analysts, traders, and producers that also
attracts participants with price risk exposure in other commodities, including
grains and fuels.
The keynote speaker for this year’s
conference is Todd Buchholz, a former director of economic policy at the White
House and a managing director of the $15 billion Tiger hedge fund. Buchholz,
who has authored numerous books on the economy, including Market Shock: 9
Economic and Social Upheavals that Will Shake our Financial Future and the
bestseller Dead Economists, will present his viewpoint of the direction
of the global economy in 2008 and beyond.
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The conference, which will be held June 18
and 19 in Chicago, also will feature Siva Yam, the president of the U.S.-China
Chamber of Commerce, who will discuss the Chinese economy and trends in that
nation’s food import and export situation.
Climatologist Drew Lerner, who also
addressed last year’s conference – and predicted this year’s harsh winter
in the U.S. – will be back to offer his predictions for global weather
patterns in the remainder of 2008 and beyond.
Downes-O’Neill/FCStone’s own Bill
Brooks will offer his perspective on the changing fundamentals of the dairy
market and what they will mean for prices at the wholesale and retail level.
Ken Bailey, Associate Professor of Agricultural Economics at Penn State
University and a consultant to Downes-O’Neill/FCStone, also will address the
dairy market outlook, and will discuss the use of econometric models to forecast
commodity prices.
Other speakers will include David
Hightower, editor of the Hightower Report newsletter, on U.S. and world
currencies; Julian Viso, Vice President of Latin American Operations for FCStone,
LLC, on Latin America’s economy and agriculture sector; Eric Bowles, Senior
Vice President of FCStone Trading on OTC swap derivatives; Mike Knobbe,
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President, carbon credits, of FCStone
Carbon, LLC; technical analyst Peter Ullrich; Jim Webster, publisher of the
Webster Agricultural Letter, on the legislative outlook; Tripp
Dunman, Director of the fuel surcharge
program for FCStone, LLC on the energy market outlook and trading strategies;
and David Smoldt, FCStone Vice President and risk-management consultant, on the
outlook for U.S. grains.
The 2008 Outlook Conference will be the
first held by Downes-O’Neill to be an “all-green” conference. It
will be held at the Deloitte Building, 111 S. Wacker in Chicago, the first
multiple-tenant office building anywhere to receive a “Gold” rating from the
Leadership in Energy and Environmental Design program administered by the U.S.
Green Building Council. Attendees will be offered the opportunity by
Downes-O’Neill/FCStone to offset their share of carbon emissions
The Platinum sponsor for this year’s
conference is Schreiber Foods, and the Gold sponsor is Dairy Farmers of America
(DFA.)
Persons interested in attending this
conference can contact Downes-O’Neill/FCStone’s Kelly Czachor at kelly.czachor@fcstone.com
or 312-456-3624.
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About Downes-O’Neill
Downes-O’Neill, a division of FCStone,
LLC, trades more dairy futures and options than any other brokerage group.
Downes-O’Neill’s brokers are registered with the Commodity Futures
Trading Commission (CFTC), and are members of the National Futures Association (NFA.)
Downes-O’Neill’s eDairy division
provides the dairy industry with accurate, timely and relevant information on
dairy futures and options and dairy price-risk management.
About FCStone Group, Inc.
FCStone Group, Inc., along with its
affiliates, is an integrated commodity risk management company providing risk
management consulting and transaction execution services to commercial commodity
intermediaries, end-users and producers. The firm assists primarily middle
market customers in optimizing their profit margins and mitigating exposure to
commodity price risk. In addition to risk management consulting services,
FCStone, LLC, operates one of the leading independent clearing and execution
platforms for exchange-traded futures and options contracts. FCStone Group, Inc,
serves more than 7,500 customers and in the 12 months ended February 29, 2008,
executed 86.3 million derivative contracts in the exchange-traded and
over-the-counter markets. The FCStone Group companies work in all the major
commodity areas including agriculture, energy, renewable fuels, foods, forestry,
cotton and textile, dairy and currency exchange. Headquartered in the Midwest,
it has offices located throughout the world and is a clearing member of all
major North American Futures exchanges. FCStone Group, Inc., trades on the
NASDAQ Global Select Market under the symbol "FCSX."