Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) announced that it is asking for public comment for revisions to a special rule governing agricultural commodity
and livestock hauling relating to the HOS and ELD mandates.
In doing so, a CMC, through its electronic warehouse receipt system, will issue warehouse receipts which can be used by farmers/depositors of agricultural commodity
for financing from financial institutions and trading of electronic warehouse receipt at the exchange.
The Agricultural Trucking Relief Act will expand the definition of an agricultural commodity
to include horticultural and aquacultural products, promote consistency across all federal and state agencies, and ease regulatory burdens on the trucking industry.
As per details, collateral management companies will provide storage and preservation services for a range of agricultural commodities and will issue credible warehouse receipts for agricultural commodity
Louis Dreyfus Company (LDC), Shandong Bohi Industry Co., Ltd (Bohi), ING, Societe Generale and ABN Amro have successfully completed the first full agricultural commodity
transaction using a blockchain platform.
Through its influence on exchange rates, changes in relative interest rates can also affect agricultural commodity
The crop was Oregon's 9th most valuable agricultural commodity
in 1984, and its producers had clout in Salem to match.
TUNIS, (TAP) - Minister of Agriculture Lassaad Lachaal called for the need to develop the "governance of the international agricultural commodity
markets," through the harmonisation of working tools regionally and internationally.
We believe that this will only become worse over time as agricultural commodity
prices increase and the issues of domestic food security and foreign control move to the top of the political agenda in the emerging markets."
Taking into account high dependence of agricultural commodity
prices at home on the movements of those abroad, and assuming there are no shocks, the cost of raw materials in the domestic food production should be significantly lower at least until the next agricultural season.
Clara Jamart of Oxfam France, said: "The use of index funds on agricultural commodity
prices, as well as positions on derivatives markets for agricultural commodities must always be prohibited by the law when not corresponding to a legitimate need to risk coverage associated with farming."
Dubai-based Trust Securities DMCC, a leader in global brokerage, has expanded its agricultural trading division to meet the growing demand of agricultural commodity
consumption and re-exports out of the UAE.