• Applicaiton for an Increase in Soybean Oil Regularity

      • From
      • Registrar
      • #
      • MKR07-22-09D
      • Notice Date
      • 22 July 2009
      • Effective Date
      • 22 July 2009
    • July 22, 2009
      The Exchange has received a request from Archer Daniels Midland Company, for an increase in Soybean Oil regularity at their facilities listed below. The following chart provides the facility, current storage capacity, current maximum allowable receipts, requested storage capacity, and maximum allowable receipts as follows:
                                                                                                                                                                                                                     Current                              Current       
      Location                       Storage Capacity                Max Receipts          
      Quincy, IL                     37,000,000 lbs                         600         
      Lincoln, NE                   27,000,000 lbs                         450 
                  Des Moines, IA              24,050,000 lbs                        400
      Archer Daniels Midland Company is requesting:
                                                                                                                                                                                                                        Requested                        Requested       
      Location                       Storage Capacity                Max Receipts          
      Quincy, IL                      55,000,000 lbs                        832         
      Lincoln, NE                    37,200,000 lbs                        620 
                  Des Moines, IA              41,750,000 lbs                         695
      Pursuant to Regulation 703.A increases in regularity shall be effective either 30 days after a notice of an application has been posted or the day after the application is approved by the Exchange, whichever is later.
      Questions in this regard may be directed to Terry Gehring at (312) 435-3644.