CFTC Extends Farm Advice Panel for Another Term
Published Date: 7/20/2026
Notice
Summary
The Commodity Futures Trading Commission is renewing the Agricultural Advisory Committee for another two years to keep getting expert advice on farming and market issues. This committee helps farmers, buyers, lenders, and others involved in agricultural markets make smart decisions. The renewal costs about $56,000 a year and keeps the committee active through 2028 unless stopped earlier.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 2 costs, 0 mixed.
Agricultural Advisory Committee Renewed
If you are an agricultural producer, buyer, lender, processor, or other market participant, the Commodity Futures Trading Commission renewed the Agricultural Advisory Committee (AAC) for two years from the date of renewal. The AAC will keep advising the CFTC on issues affecting agricultural derivatives markets through that two-year period.
Annual Taxpayer Cost for AAC
Renewing the AAC costs about $56,227 per year to operate. The notice breaks that down to about 0.10 FTE, $24,400 in other federal internal costs, and estimated federal member salary/benefits of $6,684, with approximately 30–40 members.
Members Are Unpaid; No Travel Support
The CFTC does not pay AAC members for their services and does not provide meeting travel or accommodation payments. If you would serve on the AAC, you would not receive compensation and would not have travel or lodging paid by the Commission.
AAC To Advise on New Technologies
The AAC will consider how innovations like digital assets, blockchain technology, and artificial intelligence intersect with agricultural derivatives markets. The Commission expects the AAC to give policy recommendations on these innovations during the renewed two-year period.
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