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Archive for August, 2011

NGFA Urges CFTC to Exclude Cash Sales, Cash Contracts from Onerous Proposed Dodd-Frank Law Recordkeeping Rules

WASHINGTON — The National Grain and Feed Association (NGFA) has called on the Commodity Futures Trading Commission (CFTC) to clarify and narrow an onerous proposed recordkeeping rule that could require many grain elevators, feed mills, grain processors and others to record all communications — including telephone conversations — with farmers and other commercial firms that […]

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Posted in: Agriculture Policy, Press Releases

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NGFA Commends CFTC for Removing Outdated Constraints in Final Rule on Agricultural Swap Transactions

WASHINGTON — The National Grain and Feed Association (NGFA) today commended the Commodity Futures Trading Commission (CFTC) for removing outdated constraints that previously existed for certain types of off-exchange agricultural transactions when it voted unanimously last week to issue final regulations on agricultural swap transactions. Specifically, the NGFA praised the CFTC for not imposing any […]

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Posted in: Agriculture Policy, Press Releases

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