Feed Ingredient Trading Corp's (FITC) mission is to provide grain and
grain by-products to the livestock feed manufacturing industry
throughout North America, together with offering other products and
services that enhance those feed mills' total supply needs, procurement,
and logistical efforts. We strive to build long lasting trading
relationships with our business partners based on trust and mutual
respect by placing the utmost, unparalleled emphasis on customer service
and competitive pricing.
From day one,
the primary function of Feed Ingredient Trading Corp was to offer and provide
procurement services to livestock feed manufacturers in their efforts to supply
their mills with quality, low cost feed ingredients...
Hand in hand
with procurement services, logistics expertise is as important if not more so
than the procurement effort itself. While purchasing has its own set of
challenges in many cases, the challenges in getting that product to the mill...
Management has become almost a necessity for most agricultural industries that
buy, sell, store, transport, or process grains or grain products. Markets have
evolved to display seemingly ever greater volatility than has been seen in
Probably one of the most important issues facing agriculture today and its ability to produce food to satisfy ever growing demand from a hungry world is that of the viability of GMO produced foods. As most know, Vermont has passed a GMO labelling law and New York State has legislation currently under consideration. Follow the link below to get an update on the progress of the NYS legislation and the potential challenges to the Vermont law.
Vermont’s recently passed legislation requiring labeling of all products that contain any GMO produced ingredients is sure to meet resistance from a number of interested parties. In the article below, the Grocery Manufacturer’s Association plans to file suit in federal court to overturn Vermont’s initiative. Follow the link below to read about this effort which is probably just the first of a wealth of challenges that Vermont will likely face.
Milk prices have been very good for the last year to year and a half. These have allowed producers to retire debt and make needed capital improvements to their operation. However, the milk market is expected to drop by at least $2.00 per cwt as we head into the second half of this calendar year. But, will these prices stay lower for any considerable period of time?? Follow the link below to a news article from the Wall Street Journal that examines this issue in light of the seemingly pent up worldwide demand for milk.
It is no new news to our customers that logistical issues have been a major issue through this most brutal of winters. But, just how bad has it really been?? Click on the link below to get an update on the situation and what it is going to take to rectify it. Please Click Here
With a large corn crop in the bin from this year’s harvest, it is only natural to expect some pressure on corn prices thru this crop year. But, factor in a reduction to one of the more significant demand items for corn, i.e. ethanol, and prices could fall to levels that would reignite subsidy payments to farmers that far surpass those of the past few years, putting even more demand on the federal government and its needs to cut spending. For more info on how the ethanol requirements set by the EPA figure into the “equation“ on corn prices and potential government subsidies, please go to the link.