Ambassador Clayton K. Yeutter was sworn in as special U.S. traderepresentative on July 1, 1985. As such, he was responsible for thedevelopment and execution of American trade policy.
Before joining President Reagan's Cabinet, Yeutter was presidentand chief executive officer of the Chicago Mercantile Exchange, theworld's second largest futures market. He joined the Merc in 1978.The Merc trades billions of dollars of contracts daily inagricultural and financial instruments.
In the early '70s, Yeutter served in a series of sub-Cabinetposts during the Nixon and Ford administrations. He was assistantsecretary of agriculture for marketing and consumer services,assistant secretary for international affairs and commodity programsand deputy special trade representative during the Tokyo Round ofMultilateral Trade Negotiations in the Ford administration.
Yeutter has a law degree, as well as a doctorate in agriculturaleconomics. He and his wife, Jeanne, have four children and dividetheir time between residences in Virginia and Lincoln, Neb. Forseveral years, Yeutter has produced corn and cattle on his 2,500-acrefarm in Nebraska.
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