Latest News

NGFA latest news and press releases

Archive for May, 2014

CFTC Re-Opens Position Limit Comment Period; NGFA to Participate in Roundtable on Bona Fide Hedge Definition, Spot-Month Limits

In a move that may signal greater willingness to consider industry concerns, the Commodity Futures Trading Commission (CFTC) has announced that the public comment period on its controversial proposed rule to set federal speculative position limits for a broad range of futures and swaps has been re-opened until July 3. The proposed rule also contains […]

Continue Reading →

Posted in: Newsletter, Risk Management

Leave a Comment (0) →

NGFA Submits Comments to FDA on Traceability Requirements of High-Risk Foods

NGFA recently submitted a statement to the Food and Drug Administration (FDA) pertaining to the agency’s proposed methodology that it would use to designate high-risk foods that would be subject to additional traceability requirements. The Food Safety Modernization Act (FSMA) mandates that FDA make such determinations of high-risk foods for which additional traceability requirements are […]

Continue Reading →

Posted in: Feed, Newsletter

Leave a Comment (0) →

FDA Grants Extension of Comment Period for Sanitary Transportation of Food, Feed

The Food and Drug Administration (FDA) has granted a request submitted by the NGFA and other groups to extend the comment period on the proposed rule on “Sanitary Transportation of Human and Animal Food.” The NGFA-led letter was signed by nearly 25 additional organizations, and requested a 90-day extension. FDA granted 60 days, extending the […]

Continue Reading →

Posted in: Feed, Newsletter

Leave a Comment (0) →

CFTC Issues No-Action Letter on Recordkeeping Requirements

In an important development for futures market participants, the Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight and Division of Market Oversight on May 22 issued a no-action letter that provides relief from recordkeeping provisions of Regulation 1.35(a) to members of designated contract markets that are not registered or required to […]

Continue Reading →

Posted in: Newsletter, Risk Management

Leave a Comment (0) →

EPA to Send RFS Blend Recommendations to White House for Review

Environmental Protection Agency Administrator Gina McCarthy this week said the agency will submit its final recommendations for the blending requirements for 2014 under the Renewable Fuel Standard (RFS) to the White House Office of Management and Budget (OMB) for review early next week. EPA’s final recommendations are believed to call for a reduction in the […]

Continue Reading →

Posted in: Agriculture Policy, Newsletter

Leave a Comment (0) →

CME Group Extends Deadline for EFP Rule Compliance

To allow further discussion of new rules that have resulted in higher levels of scrutiny on exchange-for-physical (EFP) transactions in the grain, feed and processing industry – and similar exchange for related position (EFRP) transactions in other industries – the CME Group on May 22 announced that it will extend the final effective date of […]

Continue Reading →

Posted in: Newsletter, Risk Management

Leave a Comment (0) →

Commentary: Building a Foundation for the Future

In the May 16 NGFA Newsletter and in subsequent articles published by a wide variety of media outlets, you read about the $60,000 contribution that the National Grain and Feed Foundation made earlier this month to the National Pork Board to conduct much-needed research on one of the most devastating diseases to afflict the swine […]

Continue Reading →

Posted in: Foundation, Newsletter, NGFA

Leave a Comment (0) →

Senate Highway Bill Contains Grain Elevator, Ag Facilities Access Language

A Senate panel on May 15 approved a $50-billion bill to keep federal highway programs going for the next six years. Of interest to NGFA members, the bill contains new authority for states to designate some rural roads as “critical freight corridors,” if they access grain elevators or “other regionally significant agricultural facilities.” The Senate […]

Continue Reading →

Posted in: Agriculture Policy, Newsletter, Transportation

Leave a Comment (0) →

Profile: Country Elevator Committee

Editor’s note: NGFA relies heavily on its 18 active committees and councils to address significant issues related to public policy and industry business. As such, NGFA has launched a series of profiles looking at the committees, their priorities and leadership to keep members up-to-date on current issues. A new committee will be featured each month […]

Continue Reading →

Posted in: Newsletter, NGFA

Leave a Comment (0) →
Page 1 of 4 1234