NEWS
Ag Groups Wary of New CFTC Rule
Katie Micik DTN Markets Editor
Tue Feb 19, 2013 05:17 PM CST

OMAHA (DTN) -- Portions of a proposed rule to enhance the protection of customers' margin funds could make hedging prohibitively expensive for farmers and ranchers and the small- to mid-sized futures commission merchants that serve them, industry representatives said.

The National Grain and Feed Association said it feared the proposed rule "would bring about a dramatic and sudden change in the eco-system of the futures market as it has existed for decades, with disproportionate adverse impacts on the traditional users who are NGFA members, their farmer-customers and the FCMs that serve the agricultural hedging community."

While many groups support the ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
DTN's Quick Takes
DTN Technically Speaking Blog
Dread Grows as Harvest Nears
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
Technically Speaking Blog
DTN Before The Bell Grain Comments
Newsom on the Market
DTN Early Word Opening Livestock