New service takes mystery out of equities

November 2004
Southeast Farm Press;11/3/2004, Vol. 31 Issue 25, p7
Trade Publication
This article focuses on the new marketing loan program, Electronic Agent Designation, in the U.S. Now, with the U.S. Department of Agriculture incorporating technology into its marketing loan program through the Seam, producers using the CCC loan are able to market equities electronically to buyers virtually anywhere. It alleviates the need for paper forms when producers and merchants trade loan cotton. Once cotton is in the loan, The Seam obtains the information it needs to trade loan options electronically. Now producers simply provide one form to the county office authorizing electronic transfer and The Seam handles everything else.


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