 |
| CLICK HERE TO VIEW CURRENT ISSUE |
 |
| Best of NAMA 2026 |
|
 |
|
NAT'L GRAIN & FEED ASSN URGES CFTC TO REJECT 24/7 AGRICULTURAL FUTURES TRADING PROPOSAL
May 29, 2025
Source: National Grain and Feed Association news release
ARLINGTON, Va. - The National Grain and Feed Association (NGFA) today submitted comments to the Commodity Futures Trading Commission (CFTC) in strong opposition to any expansion of agricultural futures trading hours to a 24/7 schedule. The letter responds to the CFTC's request for comments on the potential implications of round-the-clock derivatives trading.
To view the letter click here.
NGFA members--including commercial hedgers who rely on agricultural futures markets to manage price risk--warn that extending trading hours would increase costs and volatility without corresponding benefits to market function.
"Our members have been clear--expanding trading hours to 24/7 would disrupt current risk management practices, increase operational costs, and create unnecessary exposure," said NGFA President and CEO Mike Seyfert. "We hope the CFTC will recognize that longer trading hours do not equal stronger markets."
The letter highlights industry concerns about diluted market liquidity, higher staffing and compliance burdens, and the disconnect between cash and futures market operations.
|
|
|
|
|
