Clayton Yeutter

Yeutter was born in Eustis, Nebraska, on December 10, 1930,[2] during the Nebraska Dust Bowl and the Great Depression.[3] Despite a successful career in government and politics, Yeutter expressed a continued desire to remain close to his upbringing. As Deputy Trade Representative Yeutter stated, "I once wanted to stay in Nebraska and be a successful farmer. There are days when I get a yearning to return."[4]

Yeutter graduated from Eustis High School in 1948. He then attended the University of Nebraska–Lincoln and was a member of FarmHouse Fraternity.[5] In 1952 Yeutter graduated with a B.S. "With High Distinction", the highest scholastic honor given by the University of Nebraska. He also ranked first in the College of Agriculture graduating class and was named the "Outstanding Animal Husbandry Graduate" in the United States.[3]

Upon graduation from the University of Nebraska-Lincoln, which coincided with the Korean War, Yeutter enlisted as a Basic Airman in the United States Air Force. While enlisted he earned credits under the G.I. Bill to attend graduate school.[3] From the completion of his enlistment in 1957 until 1975 Yeutter worked as the operator of a 2,500-acre farming enterprise in central Nebraska. He also continued to serve in the active reserve until 1977.

During an overlapping six-year period beginning in January 1960, Yeutter worked as a faculty member within the Department of Agricultural Economics at his alma mater, the University of Nebraska. While working within the Department of Agricultural Economics Yeutter completed extensive graduate work. He completed one semester of graduate studies in agricultural economics at the University of Wisconsin–Madison in 1960. After entering the College of Law at the University of Nebraska-Lincoln Yeutter served as an editor of the Nebraska Law Review. In 1963 Yeutter graduated cum laude with a J.D. and ranked first in his graduating class. While Yeutter continued to work as a faculty member he also completed a Ph.D. in agricultural economics by 1966. While completing his J.D. and Ph.D., Yeutter taught agricultural economics and agricultural law part-time. After completing his J.D. Yeutter taught full-time from 1965 to 1966.

Yeutter began his professional political career as the Chief of Staff to the Governor of Nebraska in January 1967. During the following two years he managed coordination between the Governor's office and the Department of Agriculture and the numerous state educational institutions. Additionally, he was responsible for lobbying Governor Norbert Tiemann's legislative program through the Nebraska legislature. In September 1968 Yeutter left public service to become the Director of the University of Nebraska Mission in Colombia. At the time it was the largest agricultural technical assistance program in the world. The mission involved six Midwestern land-grant universities funded by U.S. AID, the Kellogg Foundation and the Ford Foundation. The participating universities provided agricultural assistance to the National University of Colombia and the Colombian Agricultural Institute, which approximated the United States Department of Agriculture.

After returning from Colombia Yeutter served as Administrator of Consumer and Marketing Service within the U.S. Department of Agriculture from October 1970 until December 1971. In January 1972 Yeutter was assigned to two positions in the reelection campaign of President Richard Nixon. He served as the nationwide director of agricultural and as one of ten regional directors. Following Nixon's reelection, Yeutter was appointed to Assistant Secretary of Agriculture for Marketing and Consumer Services within the U.S. Department of Agriculture in January 1973. In March 1974 Yeutter was appointed Assistant Secretary of Agriculture for International Affairs and Commodity Programs. As Assistant Secretary, Yeutter was in charge of negotiating an end to a trade war between the United States and the European Economic Community over cheese subsidizes.[6]

In June 1975 Yeutter shifted from the Department of Agriculture to the Executive Office of the President, in which he served as Deputy Special Trade Representative. In this position Yeutter worked as an Ambassador in trade negotiations with foreign countries. In February 1977, shortly after Gerald Ford vacated the Presidency, Yeutter exited public service.

In April 1977 Yeutter became a senior partner at the law firm Nelson, Harding, Yeutter & Leonard, which was primarily located in Lincoln, Nebraska. He continued to work at the firm until June 1978.

Yeutter served as President and CEO of the Chicago Mercantile Exchange, the world's second largest futures exchange at the time, from July 1978 until June 1985. During that period the trade volume of agricultural, currency and interest rate futures more than tripled. While serving as President, Yeutter negotiated the use of the Tokyo Stock Exchange index for futures and options trading. He also encouraged European investors to invest in currency futures and options at the Chicago Mercantile Exchange.[6] More than 400 visits to the Exchange by members of Congress during Yeutter's tenure provided him with political experience that which would become especially valuable when he worked directly with Congress between 1985 and 1993.

Secretary of Agriculture

President Bush and Yeutter at a briefing of the National Association of Agricultural Journalists, in 1990.

Yeutter served as Secretary of Agriculture under George H. W. Bush from February 1989 until February 1991. His nomination was approved by the Senate on February 9, 1989.[15] Yeutter was slightly reluctant to take this new position after enduring the fast pace of United States trade policy, but his fondness for agricultural issues overcame that sentiment.[3]

When he took office Yeutter's primary concern was the quinquennial farm bill. The previous bill was passed in 1985 and had focused on providing financial support to American farmers. During the early 1980s a high rate of bankruptcy among farmers prompted the federal government to provide unprecedented subsidies through the Food Security Act of 1985. The development of what was to become the Food, Agriculture, Conservation, and Trade Act of 1990 was largely influenced by Uruguay Round negotiations, which Yeutter led as USTR.[3] Additionally, the 1990 farm bill removed United States farm subsidies created in the 1985 bill.

From February 1993, Yeutter split his time working as a senior advisor at Hogan Lovells (formerly Hogan & Hartson L.L.P.) in Washington D.C. and holding numerous corporate directorships. In March 1997 Yeutter registered to lobby on the farm bill for the American Farmland Trust.[21]

Corporate directorships

Yeutter In 2012

Yeutter's first major corporate directorship was with ConAgra Foods while serving as the President and CEO of the Chicago Mercantile Exchange. He resigned from the position in 1985 when he became U.S. Trade Representative. While serving as Chairman of the Republican National Committee Yeutter joined the boards of Caterpillar Inc. and Texas Instruments. He resigned from both positions in 1992 when he became Counselor to the President. Yeutter was reinstated to the boards of ConAgra Foods, Caterpillar Inc. and Texas Instruments in 1993 and served on all three until he hit the maximum age limit for board members.

After leaving public service in 1993 Yeutter served as the director of Danielson Holding Corporation and America First. Additionally, he served as Chairman of the Board of Oppenheimer Funds, Inc. and CropSolutions, Inc.[22] He previously served on the board of directors of Coventa Holding Corp., Chicago Climate Exchange, FMC Corporation, B.A.T. Industries and later American Commercial Lines Inc., Covanta Holding Corporation, and Weyerhaeuser. Yeutter currently serves on the board of directors of Neogen Corporation and Burlington Capital Group.[23] Yeutter is also an owner of the Keating Network LLC, a company designed to help small and medium-sized businesses.[24]

After graduating from the University of Nebraska, in 1952, Yeutter married his first wife, Jeanne Vierk, with whom he had four children, Brad Yeutter, Gregg Yeutter, Kim (Yeutter) Bottimore, and Van Yeutter.[3] Vierk served as the informal Chairman of the Cabinet Wives Group during the President George H. W. Bush Administration.

Two years after Jeanne's death, Yeutter married Cristena Bach. Bach had served in several politically-appointed positions during the Reagan and Bush Administrations, including a stint on the White House staff under President Reagan. They adopted three daughters: Victoria Yeutter, Elena Yeutter, and Olivia Yeutter.

Yeutter died on March 4, 2017, at his home in Potomac, Maryland, from colon cancer. He was 86.[25]

Yeutter received honorary doctorate degrees from Clemson University, DePaul University, Georgetown University, Nebraska Wesleyan University, Santa Clara University, University of Arizona, University of Maryland Eastern Shore and the University of Nebraska.

Yeutter was made an Honorary Officer of the New Zealand Order of Merit in the 2012 New Year Honours, for services to New Zealand–United States relations.[26]

Yeutter received a statue at University of Nebraska – Lincoln in September 2014 for his accomplishment of being Secretary of Agriculture after graduating from the school. It is found in the Jeanne Yeutter Garden (named after his first wife) on the East campus.

Yeutter was named an Honorary Member of the American Society of Agronomy (ASA) in 1990. He also was the E.T. & Vam York ASA Distinguished Keynote lecturer, who in his remarks at the 2002 ASA Annual Meeting stressed links between agricultural science, the world economy, and the global food supply.

• Yeutter, Clayton K. (March 24, 1992). "When 'Fairness' Isn't Fair". The New York Times.
• Yeutter, Clayton (September 8, 2003). "Cancun – the Heavy Lifting Lies Ahead" (PDF). Cordell Hull Institute.
• Yeutter, Clayton (October 2003). "Cancun: Now What?" (PDF). The Chain Letter. International Food and Agribusiness Management Association. 2 (4): 2. Archived from the original (PDF) on October 4, 2011.
• Clayton Yeutter; Warren Maruyama (December 14, 2005). "Doha deal can be struck beyond Hong Kong". London Financial Times.
• Yeutter, Clayton (July 14, 2010). "KORUS – Are There Shortcomings? Let's Fix Them" (PDF). Law360. Portfolio Media Inc. Archived from the original (PDF) on January 20, 2012.
• Clayton Yeutter; Warren Maruyama (November 22, 2010). "Japan at a Trade Crossroads". The Wall Street Journal.
• Yeutter, Clayton (December 1, 2010). "The Trans Pacific Partnership Needs Japan". Law360. Portfolio Media Inc.
• Yeutter, Clayton (July 12, 2011). "Don't let America lose its agricultural edge". The Hill. The Hill's Congress Blog.
• Yeutter, Clayton (July 17, 2011). "Is WTO ready for Russian bear?". Politico.

• Biography at the Miller Center of Public Affairs
• Profile at Hogan Lovells
• Yeutter's USTR Nomination Hearing on the Senate Finance Committee Website
• Appearances on C-SPAN
• Clayton Yeutter at Find a Grave