• other measures would help ensure high-frequency trading does not disrupt the hedging utility of futures markets.
Established in 1896, the NGFA is a U.S.-based nonprofit trade association that consists of more than 1,050 companies from all sectors of the grain elevator, animal feed and feed ingredient, integrated livestock and poultry, grain processing, biofuels and exporting business. NGFA-member companies operate more than 7,000 facilities nationwide that handle more than 70 percent of U.S. grains and oilseeds.
Affiliated with the NGFA are 26 state and regional grain, feed and agribusiness trade associations. The NGFA also has strategic alliances with the North American Export Grain Association and Pet Food Institute.