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At a CFTC co-sponsored Agricultural Commodity Futures Conference, CFTC Chair J. Christopher Giancarlo described how "market-based price discovery" is the key mechanism underpinning the American agricultural economy. In his remarks, CFTC Chair J. Christopher Giancarlo stated that this is "one of the most difficult periods for the agricultural sector" in a generation, due to the low price environment for agricultural commodities. He said that the "unshakeable" resilience of American agriculture is grounded in a central mechanism that supports the American agricultural economy - "market-based

The CFTC requested nominations for membership on the Agricultural Advisory Committee, and also invited the submission of topics for discussion at future meetings. Nominations and topics must be submitted by March 1, 2019.

A trader at a proprietary trading firm agreed to settle CFTC charges for "spoofing" ( i.e. , placing multiple orders without intention to execute) in the soybean, soybean meal and soybean oil futures market traded on the Chicago Board of Trade. According to the CFTC Order, the trader allegedly placed small bids or offers on one side of the market, with large bids or offers on the opposite side, in order to induce other market participants to fill the small orders as he cancelled the larger spoof orders. To settle the charges, the trader agreed to pay $120,000 and to a four-month suspension