# NGFA adjusts timelines under rules used in barge trade

> The National Grain and Feed Association board approved changes to its Trade Rules that set a five-day timeline for both applying a barge to a contract and providing billing instructions. The change replaces prior periods of seven and three days, effective August 1, 2020. A subcommittee of member companies developed the revision over about a year.

- Date: 2020-07-29 · published 2020-07-29T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/10471-ngfa-adjusts-timelines-under-rules-used-in-barge-trade
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

The change is administrative and affects contract timing for barge shipments rather than the volume of grain moving. It has little direct effect on feed commodity prices.

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/ngfa-adjusts-timelines-under-rules-used-in-barge-trade

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.