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past news
NGF Supports Regs to Reduce Feed Tax by Three Cents
If Approved, Reduction to Save G&F, Ethanol Industry Over $240,000 per Year!
The Nebraska Department of Agriculture (NDA) this week announced plans to hold a public meeting on May 1, 2008 on regulations that, if adopted, would reduce the current 10 cent per ton feed tax paid by elevators, feed mills and ethanol plants to the state feed inspection program by 3 cents, to a total of 7 cents per ton. The proposed reduction would become effective on July 1, 2008 and save Nebraska grain elevators, feed mills and ethanol plants that produce feed and distillers grains over $240,000 per year. Read more »
NGF Supports Increase for Warehouse Storage & Handling Rates
Record commodity prices, a volatile grain market, the expansion of bio fuels production, and soaring transportation and energy costs has prompted the Nebraska Grain and Feed Association (NGF) to support an increase of the Schedule A & E handling and storage rates state licensed elevators can charge. Nebraska's current maximum for in and out charges is 25 cents per bushel, and the storage rate for soybeans stands at about 4 cents per bushel per month while corn and most other grains are at 3.5 cents per bushel per month. Read more »
NDA Hearing to Reduce Feed Tax
The Nebraska Department of Agriculture’s (NDA) regulations reducing the current 10 cent per ton feed tax paid by elevators, feed mills and ethanol plants is on track for a May 1, 2008 hearing. If adopted, fees collected to fund the state feed inspection program will be reduced by 3 cents. Reducing the fee to 7 cents per ton would save Nebraska grain elevators, feed mills and ethanol plants producing feed and distillers grains over $240,000 per year. Read more »
NEBRASKA GRAIN FIRM OUT OF BUSINESS AMID VOLATILE MARKETS
A small Nebraska grain company is out of business after its owner, Gordon Ganz, surrendered his grain handling and warehouse licenses and declared bankruptcy Friday. Ganz operated one elevator each in Alvo and Ashland with a total capacity of just over a million bushels of grain, both of which are now under the control of the Nebraska Public Service Commission. Read more »
NGF LAUNCHES NEW WEB SITE - ADVERTISING OPPORTUNITIES FOR ASSOCIATE MEMBERS AVAILABLE!
NGF has redesigned and launched our member web page. The web page has been reformatted to keep our members abreast of the latest news and developments on the state and national level. All information is updated on a weekly basis, or as news breaks! Members can access past newsletters, check the calendar for upcoming workshops, area meetings or other NGF events, and communicate with staff. The web page also includes the elected leaders of the Association, the committee structure and the current grain markets.
Web page advertising opportunities or packages are available. Contact Sara at 402-476-6174 for more information!
FARM BILL COMPROMISE STALLS
Congress returns after a two-week recess on March 31, no closer to rapping-up their work on a new Farm Bill before the April 18 deadline. Progress has ground to a halt on a new farm bill over additional monies requested by Ag Committee Chairman Tom Harkin for disaster assistance, conservation and rural development. Since the departure of former Secretary of Agriculture Mike Johanns, a lack of any meaningful negotiations with Congress and the administration have failed to produce consensus to pass a new farm bill, and could extend the current bill until the next administration enters office. Read more »
LEGISLATIVE ACTION WINDING DOWN
With only about 15 days left in the second session of the 100th Legislature, action has shifted to the primary budget bills and Senator priority bills. Anticipation of an economic downturn over the next two years has forced the revenue and budget committees to revise their current biannual budget. Dealing with a possible shortfall of over $180 million, the Legislature revised their 2008 - 2009 budget and trimmed their projected rate of growth to 4.2% and 3.7% respectively. Read more »
COMMITTEE PROPOSES DIVERTING FEED TAX SURPLUS TO NOXIOUS WEED PROGRAM
The Legislature’s Ag Committee advanced an amended version of LB 862 to the floor last week that provides for a one time transfer of a $200,000 surplus from the commercial feed inspection fund to the noxious weed grant fund, and annually transfer another $50,000 back to the noxious weed grant program. Read more »
SPRING AREA MEETINGS AND GRAIN GRADING COMBINED!
Plan to attend one of the 2008 Nebraska Grain and Feed Association (NGF) Area Meetings that are being planned for this May and June. New this year, grain grading sessions will be held at each location before golf and depending on the area interest! Read more »
NGFA RISK MANAGEMENT COMMITTEE CONDUCTS CONFERENCE CALLS WITH LENDERS, HEDGE FUNDS ON CURRENT FUTURES MARKET SITUATION
In its continuing proactive efforts to address current volatile commodity futures markets, the National Grain and Feed Association ( NGFA) Risk Management Committee conducted separate conference calls recently with representatives of investment funds and commercial lenders to discuss capital requirements confronting commercial hedgers and the potential use of alternative commodity investment tools in lieu of futures ownership. Read more »
NGF OPPOSES SHIFT OF FEED TAX TO NOXIOUS WEED PROGRAM
The Nebraska Grain and Feed Association (NGF) last week appeared before the Agriculture Committee in opposition to LB 862. LB 862 would shift two cents from the current ten cent per ton feed tax paid by elevators and feed mill to the state feed inspection program, to the noxious weed control program. Read more »
NGFA, STATE G&F AFFILIATES SUPPORT FARM BILL CRP REFORM
The Nebraska Grain and Feed Association (NGF) joined the National Grain and Feed Association (NGFA)© and several other state and regional grain and feed organizations to support efforts to enact a conservation title of the farm bill that reflects a commitment to free enterprise, support for U.S. agricultural growth and working lands conservation. In a letter to the House and Senate Farm Bill conferees, the organizations commended efforts to date that would expand working lands conservation programs, and further reforms needed such as the House version of the bill that would allow CRP contract holders to terminate the contract without penalty if the acres have been enrolled for at least five years. Read more »
NEBRASKA LEGISLATURE BACK TO BUSINESS
The 100th Nebraska Legislature, second session convened in Lincoln on January 9, beginning the short 60 day session. During the opening 10 day period, more than 450 bills and resolutions have been introduced. This is on top of the hundreds of other bills carried over from last year. Read more »
NGFA URGES CFTC TO DELAY, STUDY IMPACTS OF PROPOSED INCREASE IN SPECULATIVE POSITION LIMITS IN AG FUTURES
The NGFA has urged the Commodity Futures Trading Commission (CFTC) to delay for at least six to 12 months its proposal to increase significantly speculative position limits on agricultural futures contracts. In so doing, the NGFA warned the CFTC of major underlying concerns over the predictability of convergence between cash and futures prices during the futures delivery period, as well as problems with hedging and pricing efficiencies, that have dramatically increased the need for grain elevators, feed mills and grain processors to access increased capital to finance margin calls. Read more »
NGFA RECOMMENDS THAT CME GROUP NOT INCREASE DAILY PRICE LIMITS ON CBOT AG FUTURES CONTRACTS
The NGFA has recommended to the CME Group that it not implement any increases at this time in daily price limits on CBOT wheat, corn and soybean futures contracts, saying that doing so would create even greater financial exposure for commercial grain and oilseed hedgers already hard pressed to secure adequate capital to meet margin requirements on outstanding futures contracts. Read more »
GEAPS 79TH ANNUAL TECHNICAL CONFERENCE AND TRADE SHOW COMING TO OMAHA!
The Nebraska Grain and Feed Association (NGF) is proud that the 79th annual GEAPS Conference and Trade Show is coming to the Omaha Quest Center from February 23 - 26! In significant ways, GEAPS Exchange 2008 is going to be their biggest show ever—and that means 78 years of history, in locations ranging from Dallas to Minneapolis, Tampa to Vancouver. Read more »
2007 BOARD OF DIRECTORS
The executive committee and the board of directors of the Nebraska Grain and Feed Association are proud to present their nominees for the 2007 Association director elections. Full Story »
NGF SUPPORTS LEGISLATIVE RESOLUTION TO STUDY EXTENDING TRUCK LENGTHS
State Senator Carol Hudkins this week introduced a legislative resolution calling on the Legislature to immediately review the current Federal restrictions in Nebraska prohibiting extending the length of combination vehicles, and to examine the feasibility for seeking a Federal exemption that would allow extended combination truck lengths for the purposes of hauling grain. The resolution, LR which was cosponsored by 10 other senators, is strongly supported by the Nebraska Grain and Feed Association (NGF). The resolution does not support repeal of the restrictions, rather an examination of the practicality of these restrictions in today's environment. Full Story »
NGF JOINS 30 AG GROUPS EXPRESSING CRP CONCERNS ON BIOMASS
The Nebraska Grain and Feed Association (NGF) today joined the National Grain and Feed Association (NGFA) as well as 30 other national livestock and regional grain and feed organizations in a letter expressing concern to Secretary of Agriculture Johanns over the administration’s and United States Department of Agriculture’s (USDA) announcement that 27 million acres of conservation reserve program land (CRP) “suited for growing crops” may be granted contract flexibility for the harvesting of biomass. Full Story »
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05.14.08
Bridgeport Grain Grading Workshop & Area Meeting
Jailhouse Rock Golf Course
05.20.08
Gothenburg Grain Grading Workshop & Area Meeting
Wild Horse Golf Club
06.03.08
Lincoln/Ashland Grain Grading Workshop & Area Meeting
Iron Horse Golf Course
06.05.08
Beemer Grain Grading Workshop & Area Meeting
Indian Trails Golf Course
08.08.08
Summer Meeting & All-NGF Golf Scramble
Quarry Oaks Golf Club, Ashland
Nebraska Grain and Feed Association
1233 Lincoln Mall, Suite 200
Lincoln. NE 68508
Phone: 402-476-6174
Fax: 402-476-3401
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