Grain and Feed Trade Association Ltd. Registered in England & Wales |
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Formation | November 17, 1871 (under GAFTA = 1971[1]) |
Legal status | Trade association |
Headquarters | London, 1 Northumberland Avenue, Trafalgar Square, London WC2N 5BW, United Kingdom.[2] |
Membership | Approximately 1000 members in 90 countries[3] |
President | Roberto Rocco[4] (since July 2009)[5] |
Website |
The Grain and Feed Trade Association (or GAFTA) is a London based trade organisation consisting of professionals, operators, traders and transporters in the international grain trade.
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GAFTA can trace its history back to 1878, when the London Corn Trade Association (LCTA) started operations. In 1906, a group of traders spun off the LCTA and formed the London Cattle Food Association (LCFA). In 1971 LCTA and LCFA merged to form GAFTA.[6]
The main office is situated between Trafalgar Square and Charing Cross railway station.
GAFTA has offices in London (Headquarters), Beijing, Geneva and Kiev.
GAFTA sets out to promote international trade and protect the interests of its members. Activities include definition and regulation of
According to the Indian Financial Express, 80 percent of world trade with grains is regulated under GAFTA-conditions.[7]