Student, Colorado University, 1959. Bachelor of Science, Montana State University, 1962. Master of Science, University Wisconsin, 1966.
Doctor of Philosophy, University Wisconsin, 1968.
Faculty, University of Illinois, Urbana-Champaign, since 1967; now professor department agricultural economics, University of Illinois T.A. Hieronymus distinguished professor, director office futures and options research, University of Illinois. Visiting scholar Stanford University, 1974, Chicago Mercantile Exch., 1990, 91.
Served with United States Army, 1962-1964. Member American Economics Association, American Agricultural Economics Association (Distinguished Policy award 1980, Outstanding Instructor award 1986, 88, 90, 92, College Funk award 1993).
Married Jane Hornaday, August 20, 1966. Children– Kevin, Gregory.