NGFA Offers Trade Rules Seminar

Offered only once every other year,NGFA’s 2019 Trading, Trade Rules and Dispute Resolution Seminarwill be conducted May 6-7 at the Hilton St. Louis Airport Hotel, St. Louis, MO.

NGFA’s Trade Rules Seminar provides attendees with a primer on contracting principles and trading practices designed to minimize costly trade disputes and contract non-performance.Register hereby April 5 to receive an early bird discount.

“[The Trade Rules Seminar] is a great way to really gain exposure to the trade rules and their application to what we use every day in the grain industry,” says Dan Suarez, merchandiser at Central State Enterprises, Inc., Lake Mary, FL, and member of the NGFA Trade Rules Committee.

Designed for those involved in trading operations or responsible for merchandising grains, feed and feed ingredients, the program uses extensive case studies and includes sessions on:

• Trade rules application
• Commercial and producer contracting
• Laws and standards applicable to grain and feed transactions
• Avoiding disputes and use of arbitration when necessary

In addition to obtaining a working knowledge of trade and contracting matters, and extensive course materials for future reference, participants conclude the seminar with a competency test.

“The Trade Rules Seminar gives you exposure to a body of rules that we use in the industry to resolve complaints and dispute,” said Chip Buckner, corporate counsel at Bartlett and Company in Kansas City, Mo. “We look at typical kinds of problems that we see over and over and talk about ‘How did we get there?’ and ‘How do we keep from getting there in the future?’”

Watch: What is the NFGA Trade Rules Seminar?

Before the seminar, participate in the onlineGrain Trade Rules Course, designed to familiarize individuals with the Grain Trade Rules and provide practical guidance in understanding the rules. It consists of trade rules outlines, arbitration decision summaries and practical guidance from members of NGFA’s Trade Rules Committee.