National Grain and Feed Association

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National Grain and Feed Association
NGFA.jpg
Founded 1896
Headquarters Washington, D.C.
Key People Randy Gordon, President
Web site www.nfga.org

The National Grain and Feed Association (NGFA), founded in 1896, is a broad-based, non-profit trade association that represents and provides services for grain, feed and grain-related commercial businesses. [1] It is made up of more than 1,000 grain handlers, processors, exporters and other merchants.[2]

The Association is represented on the CFTC's Subcommittee on Convergence in Agricultural Commodity Markets [3] by Matthew Bruns, vice president, Export Trading of Archer Daniels Midland.[4]

History

Products and Services

The Association's programs, services and products include:

  • Leadership on issues
  • Protection in the markets
  • Safety Operations/Environmental expertise
  • Education/Information for the industry
  • Fostering the industry's image
  • The industry's Washington office

Membership

There are more than 950 member companies (comprising 6,000 facilities) that handle more than 70 percent of all U.S. grains and oilseeds utilized in domestic and export markets. They include:

  • Country elevators that provide merchandising and farm supply services directly to farmer-customers
  • Terminal elevators that serve as collection and transhipment points for large volumes of grain moving in domestic and export markets
  • Feed mills that manufacture medicated and nonmedicated formula feeds for the livestock, poultry, aquaculture, and pet industries
  • Feed ingredient suppliers that manufacture plant- and animal-based supplements, as well as vitamins, minerals and other products for use in animal feeds
  • Export elevators that merchandise and ship U.S. grains, oilseeds and processed commodities to foreign customers
  • Biofuels companies, which manufacture co-products used as animal feed ingredients
  • Cash grain and feed merchandisers who buy and sell grains, oilseeds and grain byproducts
  • Commodity futures brokers and commission merchants who provide hedging services to grain buyers and sellers through the nation’s futures markets
  • End users of grain and grain products like grain processors and millers who process raw grain into myriad byproducts - such as flour, corn meal and syrup, soybean oil and meal, and ethanol - for human consumption and industrial uses; and livestock and poultry integrators.
  • Allied industries, such as banks; railroads; barge lines; grain exchanges; engineering and design/construction firms; insurance companies; computer/software firms; and other companies that supply goods and services to the industry
  • Affiliated associations: The NGFA has 35 affiliated state and regional associations, whose members include more than 10,000 grain and feed companies nationwide.

Key People

References

  1. Who We Are. National Grain and Feed Association.
  2. Variable storage rate next for CBOT wheat -NGFA. Reuters.
  3. General Press Releases. Commodity Futures Trading Commission.
  4. Electronic Newsletter. Petfood Industry.