National Grain and Feed Association
National Grain and Feed Association | |
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Founded | 1896 |
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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]
- Eric Wilkey, Chairman Arizona Grain, Casa Grande, Ariz.
- JoAnn Brouillette, Second Vice Chairman, Demeter LP, Fowler, Ind.
References[edit]
- ↑ Who We Are. National Grain and Feed Association.
- ↑ Variable storage rate next for CBOT wheat -NGFA. Reuters.
- ↑ General Press Releases. Commodity Futures Trading Commission.
- ↑ Electronic Newsletter. Petfood Industry.