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Comment for Proposed Rule 80 FR 200

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  • From: Michael J Rumbold
    Organization(s):
    GFAI Board Director

    Comment No: 60271
    Date: 1/19/2015

    Comment Text:

    To whom it may concern:

    I am a licensed bonded grain dealer in central Illinois and have used traditional hedging for 60 years. My company purchases grain from our customers every business day from 7 am to 5 pm including Saturdays. The "new structure" would severely cripple our ability to conduct business not to mention the strain also on our producer/farmer. Please leave the bona fide hedge in place as it is today!!

    Michael Rumbold
    President/CEO
    14890 Twp Rd 300N
    Wyoming, IL 61491

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