Local

National Grain And Feed Concerned At Proposed CFTC Rule

National Grain And Feed Concerned At Proposed CFTC Rule

The General Farm Commodities and Risk Management Sub Committee recently held their fourth hearing over the future of the Commodity Futures Trading Commission. The sub committee is trying to improve customer protections and prevent futures commission collapses.  National Grain and Feed Association President Randy Gordon says he’s concerned one of the proposed rules would have a negative effect on elevators and others who trade hedges.

Gordon says while that rule is intended to give more protections it would have the opposite effect.

The sub committee is hoping to come up with rules that ensure mistakes are caught quickly and  wrongdoing is made exceptionally difficult. This fourth hearing is expected to be the final one ahead of legislation to reauthorize the CFTC.

Recent Headlines

in National

Ebola czar starts work, drugmakers launch vaccine drive

ebola

The Obama administration is ramping up its response to the potential spread of the virus.

in National, World

Canadian parliament attacked, soldier fatally shot

canadashooting

A gunman shot a soldier and then entered the country's parliament buildings, with at least 30 shots fired in dramatic scenes in the heart of the Canadian capital.

in National

U.S. farmers battling bugs

harvest

With record harvests depressing prices, farmers are using chemicals that protect stored grain from critters.

in National, World

Jeffrey Fowle, freed from N. Korea, back on American soil

fowle

U.S. Secretary of State John Kerry welcomed the release of one of three Americans held in North Korea.

in Agriculture

SDSU Farmers Union Club Sponsors Former Senator In Parade

NFU logo

The South Dakota Farmers Union’s collegiate club at South Dakota State University has decided to honor former U.S.Senator Larry Pressler…