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[edit]

Products and Services[edit]

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[edit]

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[edit]

References[edit]

  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.