Brian Highfill Department of Agricultural Economics Kansas State University Manhattan, KS 66506 Email: bhighfill@ksu.edu Cell: (580) 402-5029 EDUCATION Kansas State University M.S. – Agricultural Economics Manhattan, KS Oklahoma State University B.S. – Agricultural Economics Stillwater, OK Anticipated Dec. 2016 May 2015 Magna cum laude WORK EXPERIENCE Graduate Research Assistant- Dr. Glynn Tonsor Kansas State University: Dept. of Agricultural Economics June 2015 – Present Manhattan, Kansas - Examined the likelihood of a downward bias in the live cattle futures market and developed a naïve trading model to test whether or not the market was behaving inefficiently - Analyzed structural changes over time in fed cattle basis and the implications affecting cash price forecasting - Updated decision tools (e.g. Cattle Breakeven Prices) for the Kansas State Department of Agricultural Economics AgManager website - Updated a previous research paper to determine how feeding costs and relative futures prices impact feeder cattle price slides Price Risk Management Intern Smithfield Foods May 2016 – Aug 2016 Smithfield, Virginia - Developed an understanding of how Smithfield creates and implements hedging strategies for feed input costs, finished hog sales, fresh pork products, and packaged meat products - Analyzed the effectiveness of utilizing live cattle futures as a risk management tool for hedging the procurement of beef trimmings (50’s and 90’s) used as an input in several processed meat product blends - Distributed bi-weekly weather reports to the Price Risk Management team including data for temperature, weekly and accumulated precipitation, and growing degree units for the primary corn and soybean belt - Determined how many pounds of Smithfield’s pork sales are cash negotiated versus formula or forward contracted as a percentage of total MPR pounds as well as total production - Created and implemented a trading strategy for livestock and grain futures contracts to become more acquainted with day-to-day market movements B.J. Highfill Page 1 of 4 Undergraduate Research Assistant- Dr. Derrell Peel Oklahoma State University: Dept. of Agricultural Economics August 2013 – May 2015 Stillwater, Oklahoma - Collected price data for calves, feeder cattle, and fed beef cattle, competing livestock species, and feed grains - Developed a model to help the stakeholder estimate steer and heifer prices for any region of the country at any time of year - Analyzed the spatial price differences for various weights of feeder cattle - Researched and created reports on key beef industry issues including: beta-agonists, antibiotic use, and cow herd expansion Risk Optimization Intern Koch Industries, Inc. May 2014 – Aug 2014 Wichita, Kansas - Supported Koch Industries, Inc. (KII) risk optimization team to continually improve and apply Koch’s risk philosophy - Developed new analysis tools and models to help improve Koch Ag & Energy Solutions (KAES) market risk decision making - Conducted value at risk and stress capital at risk analysis for KAES market risk team - Supported KII risk optimization team on transportation and product liability risk assessments and frameworks - Conducted credit risk analysis to evaluate Koch Resources credit ratings to comparable industrial corporations Intern U.S. House of Representatives Committee on Agriculture May 2013 – July 2013 Washington, D.C. - Created and organized commodity data spreadsheets to analyze market trends, price and quantity changes over time, and correlation between different market factors - Analyzed African countries commodity data to determine the effectiveness of food aid assistance from the U.S. - Aided committee staff members in preparation for committee meetings and hearings Employment Data Team Oklahoma State University Career Services August 2012 – May 2013 Stillwater, Oklahoma - Collected and recorded career information from recent graduates - Calculated salary levels (low, average, median, maximum) for available majors - Aided employers with preparing their booths for career fairs - Assisted career consultants by managing the student waiting area and tracking appointments B.J. Highfill Page 2 of 4 TEACHING EXPERIENCE Oklahoma State University Teaching Assistant: AGEC 3333: Agricultural Marketing and Price Analysis Spring 2015 POSTER PRESENTATIONS Highfill, B.J. and D.S. Peel. “A Model of Spatial Steer and Heifer Prices.” SAEA 2015 HONORARY SOCIETIES OSU Phi Kappa Phi Academic Honor Society Alpha Zeta (College of Agriculture Honor Society) Order of Omega (Greek Honor Society) 2014-2015 2012-2015 2013-2015 LEADERSHIP ACTIVITIES Student Fellow- KSU Center for Risk Management Education and Research 2016-2017 - Further increase knowledge and understanding of risk management methods across different markets and industries - Attend seminars and workshops lead by a wide array of industry professionals - Complete a group project to analyze an industry specific risk management problem pertinent to an organization’s business decisions - Participate in industry visits to gain a better understanding of how industry groups differ in their approach to risk management Chairman- Farm Credit Student Board of Directors 2013-2015 - Attended monthly meetings to learn Farm Credit lending and business practices - Conducted analysis to determine the most ideal locations for Farm Credit branch and field offices based on current/potential loan volumes and agricultural production - Created and distributed a consumer survey to Farm Credit members to collect customer feedback regarding the effectiveness of Farm Credit’s marketing efforts - Presented both the branch location and the consumer survey projects at the Farm Credit Board of Directors meeting in Broken Arrow, Oklahoma National Cattlemen’s Beef Association Convention Intern February 2014 - Assisted NCBA staff in conducting the annual convention and trade show in Nashville, Tennessee - Operated the NCBA trade show booth to provide participants with information - Aided with the NCBA Political Action Committee Auction to raise funds for the groups political efforts Officer - Social Fraternity (Marshal 2014, Parliamentarian 2013, Vice-Pres. Pledge Class 2012) B.J. Highfill Page 3 of 4 COMMUNITY & CIVIC ENGAGEMENT EXPERIENCES Congressional Intern for U.S. Representative Frank Lucas in Washington D.C. July 2013 Habitat for Humanity Home Build Volunteer 2012-2014 OK Foster Wishes- Delivered and Collected Toy Donations December 2014, 2015 SCHOLARSHIPS & AWARDS Certified Angus Beef Colvin Tomorrow’s Leaders Award Senior of Distinction in the College of Agricultural Sciences and Natural Resources OSU Senior of Significance OSU Top Twenty Freshmen Men OSU Academic Excellence Award OSU University Leadership Award Koch Industries Discovery Scholarship President’s Honor Roll- 4 semesters B.J. Highfill 2014-2015 2014-2015 2014-2015 2012-2013 2011-2015 2011-2015 2012-2013 2013-2015 Page 4 of 4