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Comment for Proposed Rule 80 FR 200

  • From: Ronald Dentinger
    Organization(s):
    Sunrise Cooperative

    Comment No: 60258
    Date: 1/15/2015

    Comment Text:

    We are mid size co-op in North Central, Ohio. We handle approximately 50 million bus. of grain a year and have approximately 28 million bus. of storage. I just wanted express my concern for any unintended consequences of implementing rules that will affect our business on a daily basis, that were meant to be applied to speculators. Specifically the ability to pre-hedge anticipated purchases, managing spread risk, and exchange futures vs cash. I want to express my support of the letters sent in to you from NGFA on Feb. 10th & August 4th. Our only goal is to have a transparent and liquid system that works, so that we can manage risk. That's what we have. Thank You for your consideration.

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