Grain and Feed Trade Association Insights

 The world is not going hungry, thanks to GAFTA for playing a vital role in facilitating the global trade of grains, feeds, and related agricultural products. It ensures a steady supply of these essential commodities to feed the world’s growing population, notes Roman Zenon Dawidowicz.

People around the globe can enjoy safe, high-quality food while still protecting the interest of the farmers. Roman Zenon Dawidowicz walks you down the lane of critical role GAFTA plays in feeding the world, delving into its origins, development, and impact on global trade practices and agricultural advancements.


Where GAFTA All Begins

International trade has been around for centuries. However, it was then a complex affair, lacking standardized practices. Disputes over quality, delivery terms, and payments were commonplace. GAFTA came into existence in 1878 when it was established as the London Corn Trade Association (LCTA) by a group of corn merchants in the United Kingdom.

This group of forward-thinking grain traders envisioned an organization that could streamline these processes and protect the interests of all stakeholders. Thus, GAFTA was born. Over the decades, GAFTA has steadily expanded its reach and international trade has grown in leaps and bounds over the last decades.

Today, it boasts over 2000 members in 100 countries, encompassing a diverse range of professionals — traders, brokers, analysts, and even fumigators. Notably, 80 percent of the world’s grain trade is carried out on GAFTA’s contract.

Feeding the World: GAFTA’s Crucial Role in Global Trade

GAFTA’s primary mission is to facilitate the smooth flow of international trade in grains, feed, pulses, rice, and other agricultural products. The aim is to ensure and preserve fairness in trading and It achieves this through several key initiatives...Read More 

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