MIRA INFORM REPORT
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Report Date : |
10.09.2011 |
IDENTIFICATION DETAILS
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Name : |
COMMODITY MARKETING CO |
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Registered Office : |
8480 Holcomb Bridge Rd, Ste D200, Alpharetta, GA 30022-1870 |
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Country : |
United States |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Investment Services |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
$500 (USD) |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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United States |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Commodity Marketing Co
8480 Holcomb Bridge Rd
Ste D200
Alpharetta, GA 30022-1870
United States
Tel: 678-566-7820
Web: www.commoditymarketing.com
Synthesis
Employees: 5
Company Type: Private Independent
Financials in: USD
(Millions)
Reporting Currency: US
Dollar
Annual Sales: 1.8
Total Assets: NA
Business Description
Establishments
primarily engaged in buying and selling commodity contracts on either a spot or
future basis for their own account or for the account of others. These
establishments are members, or are associated with members, of recognized
commodity exchanges.
Industry
Industry Investment Services
ANZSIC 2006: 6411 - Financial
Asset Broking Services
NACE 2002: 6712 - Security
broking and fund management
NAICS 2002: 523140 - Commodity
Contracts Brokerage
UK SIC 2003: 6712 - Security
broking and fund management
US SIC 1987: 6221 - Commodity
Contracts Brokers and Dealers
Key Executives
(Emails Available)
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Name |
Title |
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Vince Connolly |
Owner |
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Lonny Larson |
Manager |
News
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Title |
Date |
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Hot
commodities. |
30-Jul-2011 |
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Brock
Monthly Electronic Seminars - A Marketing Tool that Focuses on the United
States Department of Agriculture |
26-May-2011 |
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Research
and Markets: Brock Monthly Electronic Seminars - A Marketing Tool that
Focuses on the United States Department of Agriculture |
18-May-2011 |
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Commodity
trading New system introduced |
24-Mar-2011 |
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Workshops
for women to focus on agriculture management topics |
26-Feb-2011 |
Key IDSM Number: 44447509
ABI Number: 595826033
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
8480 Holcomb Bridge Rd
Ste D200
Alpharetta, GA, 30022-1870
Fulton County
United States
Tel: 678-566-7820
Web: www.commoditymarketing.com
Sales USD(mil): 1.8
Assets USD(mil): NA
Employees: 5
Industry: Investment
Services
Company Type: Private
Independent
Quoted Status: Not
Quoted
Owner: Vince
Connolly
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
· Additional Information
Industry Codes
ANZSIC 2006 Codes:
6411 - Financial Asset Broking Services
NACE 2002 Codes:
6712 - Security broking and fund management
NAICS 2002 Codes:
523140 - Commodity Contracts Brokerage
US SIC 1987:
6221 - Commodity Contracts Brokers and Dealers
UK SIC 2003:
6712 - Security broking and fund management
Business
Description
Establishments
primarily engaged in buying and selling commodity contracts on either a spot or
future basis for their own account or for the account of others. These
establishments are members, or are associated with members, of recognized
commodity exchanges.
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Credit Report as of 10/01/2009
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Location |
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8480 Holcomb Bridge Rd Ste: D200 |
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County: |
Fulton |
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MSA: |
Atlanta, GA |
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Phone: |
678-566-7820 |
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URL: |
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ABI©: |
595826033 |
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Annual Sales: |
$1,790,000 (USD) |
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Employees: |
5 |
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Facility Size(ft2): |
10,000 - 39,999 |
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Business Type: |
Private |
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Location Type: |
Single Location |
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Recommended Credit
Limit * |
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$500 (USD) |
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Primary Line Of
Business: |
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SIC: |
6221-04 - Commodity Brokers |
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NAICS: |
523140 - Commodity Contracts Brokerage |
Table of Contents
Profile Links
· Similar Businesses in the Area
· Closest Neighbors
External Links
· http://commoditymarketing.com
· Similar Businesses in the Area *
Piedmont Futures
LLC
182 Hilderbrand Dr NE Ste: 101
Atlanta, GA 30328-5919
Piedmont Futures
3060 Peachtree Rd NW Ste: 1400
Atlanta, GA 30305-2241
Grain Service Corp
3340 Peachtree Rd NE Ste: 1910
Atlanta, GA 30326-1082
Dot Blue LLC
230 Peachtree St Ste: 2300
Atlanta, GA 30303-1515
American
Commodities
5696 Peachtree Pkwy
Norcross, GA 30092-2855
First Capital
Group
1725 Ridgefield Dr
Roswell, GA 30075-4125
Sunbelt
Enterprises
5082 Bridgeport Ln
Norcross, GA 30092-1716
M Futures LLC
717 Park Dr NE
Atlanta, GA 30306-3680
Sunbelt
Commodities Inc
5406 Heyward Square Pl
Marietta, GA 30068-1869
* Similar Businesses are defined as the closest businesses
sharing the same six-digit primary SIC code ( 6221-04 - Commodity Brokers)
regardless of size.
Closest Neighbors
Benefit Mall
2325 Lakeview Pkwy Ste: 250
Alpharetta, GA 30009-7935
GE Commercial
Finance
2325 Lakeview Pkwy Ste: 700
Alpharetta, GA 30009-7921
Jackson &
Hardwick
3480 Preston Ridge Rd Ste: 175
Alpharetta, GA 30005-5457
MCPC
2325 Lakeview Pkwy
Alpharetta, GA 30009-7920
Gresham Smith
& Partners
2325 Lakeview Pkwy Ste: 400
Alpharetta, GA 30009-7940
Century South Bank
2325 Lakeview Pkwy
Alpharetta, GA 30009-7920
Measureup
2325 Lakeview Pkwy
Alpharetta, GA 30009-7920
Illinois RB Jones
2325 Lakeview Pkwy Ste: 375
Alpharetta, GA 30009-7942
I Parametrics
2325 Lakeview Pkwy Ste: 200
Alpharetta, GA 30009-7943
Executive rpeort
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Executives |
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Owner |
Chief Executive Officer |
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Manager |
Other |
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Press clippings
Marketing News: 30 July 2011
[What follows is the full text of the news story.]
The efforts
of the state commodity marketing boards of Idaho, California and Wisconsin to
raise and foster their commodities' reputation are discussed along with what
they do to sustain these efforts. Idaho's potatoes, California's dairy
products, and Wisconsin's cranberries each receive marketing treatment that
bolsters the brand image and enhance their renown.
Brock Monthly Electronic Seminars - A Marketing Tool that
Focuses on the United States Department of Agriculture Research and Markets
Marketing Weekly News: 26 May 2011
[What follows is the full text of the news story.]
Brock
Monthly Electronic Seminar (BMES) is a commodity marketing tool that focuses on
the United States Department of Agriculture (USDA's) Monthly Supply &
Demand Report and features Richard Brock's take on the newly released
information. This PowerPoint presentation with a voice overlay brings Richard
Brock into the subscriber's living room or office on a regular basis. His
message is recorded with each individual slide so the viewer can listen at
whatever pace they desire.
Each
BMES is sent to subscribers via an email with a link. A click on the link
allows the subscriber to enter the BMES site. Then, it's a matter of the
subscriber simply inputting his/her first and last name and email address.
Subscribers can listen and watch at their convenience, watch again and again
and leave and return without missing a thing. The BMES information is
accessible for a minimum of two weeks.
Research and Markets: Brock Monthly Electronic Seminars - A Marketing
Tool that Focuses on the United States Department of Agriculture
Business Wire: 18 May 2011
[What follows is the full text of the news story.]
DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/29bacc/brock_monthly_elec)
has announced the addition of the "Brock Monthly Electronic Seminars"
subscription to their offering.
Brock
Monthly Electronic Seminar (BMES) is a commodity marketing tool that focuses on
the United States Department of Agriculture (USDA's) Monthly Supply &
Demand Report and features Richard Brock's take on the newly released
information. This PowerPoint presentation with a voice overlay brings Richard
Brock into the subscriber's living room or office on a regular basis. His
message is recorded with each individual slide so the viewer can listen at
whatever pace they desire.
Each
BMES is sent to subscribers via an email with a link. A click on the link
allows the subscriber to enter the BMES site. Then, it's a matter of the
subscriber simply inputting his/her first and last name and email address.
Subscribers can listen and watch at their convenience, watch again and again
and leave and return without missing a thing. The BMES information is
accessible for a minimum of two weeks.
Each
Brock Monthly Electronic Seminar:
- Presented within 24 hours of USDA's
Report.
- Latest USDA estimates are shown in
chart and graph form.
- Richard Brock narrates, provides his
perspective on USDA estimates.
- Each seminar 35 to 45-minutes in
length.
Among
other items, Richard Brock discusses:
- What estimates changed from the
previous month.
- Why the changes occurred.
- What these changes could mean to the
markets and to growers.
Commodity
trading New system introduced
New Nation (Bangladesh): 24 March 2011
[What follows is the full text of the news story.]
Bangladesh,
March 24 -- To stabiles the commodity market, the government has finally
launched 'distributorship system' replacing the old-age delivery order (DO)
method.
The
Ministry of Commerce (MoC) on Wednesday issued a gazette notification titled on
'Essential Commodity Marketing and Distributorship Appointment Order-2011' to
enforce the new system.
"I
hope that introduction of the new system will help reduce price manipulation in
the commodity market that happens frequently due to transfer of DOs from
traders to middlemen in the distribution channel," said commerce secretary
Ghulam Hussain.
While
talking to The New Nation he said the MoC has introduced the 'distributorship'
system from today (Wednesday) replacing the DO system by issuing an Order,
which empowered by clause-2 of Control of Essential Commodities Act,
1956."
"The
DO system, which was widely blamed for the abnormal price hike of commodities
like sugar and edible oil, will scrap automatically in 90 days following
promulgation of the order," he added.
He
said the Order will be initially applied for the trading of edible oil and
sugar and later the system will be introduced for trading other essential
commodities.
As per
the Order, edible oil and sugar millers will deploy distributors across the
country to sale their commodities instead of DO system.
They
will be allowed to deploy single distributor in each thanas under a City
Corporation and upazilla level they will be allowed to deploy one or two
distributors, it added.
Millers
or importers will issue supply order (SO) in favour of distributors after they
deposit money in banks or respective offices. Names of the distributors and
commodities, address of the distributors, prices of commodities and the date of
issue will have to be mentioned in the SOs.
The
SOs will remain valid for 15 days, which will not be renewed and no commodities
will be allowed to supply under invalid Sos. Besides, Sos are strictly
prohibited to transfer," the Order added.
The
government also ordered selling sugar in kg weight and the edible oil on litre
count.
"The
government will form a 'national committee' headed by commerce secretary, to
ensure smooth implementation of the new system and a list of the distributors
has to be supplied to the committee," said Hussain.
The
distributors themselves will carry goods from the mill-gate to the respective
areas or the producers and importers will have the authority to supply
commodities to them.
The
producers and importers will periodically inform the monitoring cell of the
volume of commodities, supplied to the distributors and their commissions would
be fixed on the basis of distance.
The
distributors will in no way be allowed to refuse selling of goods unless they
have the prior approval of the government.
"There
will be one price that is the mill gate price, we won't allow any wholesale
price," said the high official of MoC.
He
said the government would strictly monitor the system and in case of the
violation, companies would be penalised under consumer right protection act.
Earlier,
on August 22, the FBCCI proposed to bring in wholesale changes to the entire
trading system by scrapping the DO system, replacing it with suitable
alternative to check price manipulation and artificial shortages in the market.
Followed
by the proposal the ministry of commerce (MoC) had formed a six-member
committee headed by additional commerce secretary M Mortoza Reza to make
recommendations on how the new system will be introduced.
Representatives
from the FBCCI, TCB, edible oil and sugar traders were included in the
committee.
The
committee had finalised the draft through discussion between the shareholders
and government on January 04 this year. Published by HT Syndication with
permission from The New Nation. For any query with respect to this article or
any other content requirement, please contact Editor at
htsyndication@hindustantimes.com
News-Sentinel (Fort Wayne, IN): 26 February 2011
[What follows is the full text of the news story.]
Feb.
26--A group of upcoming workshops aims to increase the knowledge of finances,
planning, commodity marketing and management in women in agriculture.
The
Purdue Extension's Risk Management Education for Farm Women workshops will
offer three choices. "We decided to focus on flexibility," said
Purdue Extension educator Kelly Heckaman. "Participants are able to pick
what they need, whether that be one, two or three sessions, and are not locked
into a six-week course." The cost to attend is $25 per person per workshop
or $50 for all three.
The
March workshops to be offered in 18 Indiana counties are:
--Financial
Workshop is March 10 and 17. Participants will learn about balance sheets and
income statements as well as how to stay financially healthy. Deadline to
register for this workshop is Thursday.
--Succession
Planning Workshop is divided into two sessions March 24 and 31. Participants
will hear stories from other farm families and learn about management
responsibility and strategies for dealing with family conflict. This session
will be broadcast live to the different host sites through an interactive
webinar. Participants will be able to speak to and ask questions of other
speakers from other sites. Deadline to register is March 17.
--Commodity
Marketing Workshop is March 29. Participants will learn basic marketing
strategies and how to develop a marketing plan. Deadline to register is March
22.
When
asked what the biggest benefit to attendees will be, Heckaman said, "Not
only is this a great source for information but also a great opportunity to
network with other women in agriculture by learning with each other."
DJ
Nigeria Commodities' Group Shelves Talks On New Marketing Boards
OsterDowJones: 09 February 2011
[What follows is the full text of the news story.]
IBADAN,
Nigeria, Feb 09, 2011 (Dow Jones Commodities News via Comtex) -- The Federation
of Agricultural Commodities Association of Nigeria has shelved discussions on a
government plan to reintroduce commodity marketing boards in the country until
it gets full details of the plan, Halim Iyama, the federation's president, said
Wednesday.
He
said the federation, which met in Nigeria's capital Abuja Tuesday, believed the
information received so far on the new boards was "sketchy", adding
that more details were necessary before the federation could take a position on
the new boards.
The
federation is the umbrella organization of all commodities bodies in Nigeria.
"We
know that the central bank of Nigeria has put forward to government the
proposals for the reintroduction of the boards. The federation wants to have a
meeting with the Ministry of Commerce," Iyama told Dow Jones Newswires.
The
ministry is in-charge of agricultural commodities and the sector's stakeholders
believe it is the right body to reintroduce commodities boards.
Last
week, a spokesman of the Cocoa Association of Nigeria, or CAN, said the
association was informed that proposed commodity marketing boards would be run
largely by the private sector and not the government.
Nigeria
previously had six state-run commodity boards responsible for cocoa, cotton,
rubber, palm produce, grains and groundnut, and only the boards could buy these
agricultural commodities from farmers and export. The boards also fixed prices
for the different commodities.
They
were abolished in 1986 by the former military regime of President Ibrahim
Babangida and the private sector was allowed to buy and export the commodities.
"Our federation thinks the marketing board should be a
market of last resort to guarantee minimum prices for farmers. If the proposed
new commodity boards will do that we will support them," Iyama said.
He said state-run commodity marketing boards were
"vehemently opposed" before they were abolished adding "we want
the present free market system to be retained."
OsterDowJones: 04 February 2011
[What
follows is the full text of the news story.]
IBADAN,
Nigeria, Feb 04, 2011 (Dow Jones Commodities News via Comtex) -- The Cocoa
Association of Nigeria, or CAN, is making efforts to obtain the details of the
government's plan to reintroduce commodity marketing boards in the country,
Robo Adhuze, a CAN official said Friday.
"We
are aware that government is proposing to bring back the marketing boards. The
Central Bank of Nigeria made the proposals but our association hasn't been
contacted by the government on the new boards," Adhuze, an analyst with
CAN, told Dow Jones Newswires.
He
said CAN was already making "necessary contacts to find out the details of
the proposed new boards."
At one
time, Nigeria had six state-run commodity marketing boards responsible for
cocoa, cotton, rubber, palm produce, grains and groundnut, and only the boards
could buy these agricultural commodities from farmers and export. The boards
also fixed prices of the different commodities.
They
were abolished in 1986 by the former military regime of President Ibrahim
Babangida and the private sector were allowed to buy and export the
commodities.
"It
is worrisome that the central bank made the proposal. The bank isn't well
equipped to make such recommendation," Adhuze said.
He
said the plan to bring back the boards would be "fully" discussed at
a meeting of the Federation of Agricultural Commodities Association of Nigeria
in Abuja, the Nigerian capital, Tuesday. The federation, which is the umbrella
organization of all commodity bodies in Nigeria, was launched in November last
year.
Officials
of the CBN weren't immediately available to comment on the plan to re-introduce
the commodity boards.
CAN is
the umbrella body of farmers, traders, exporters, processors and other groups
in the cocoa sector.
-By
Obafemi Oredein, contributing to Dow Jones Newswires; 234 2 7510489
OsterDowJones: 14 October 2010
[What follows
is the full text of the news story.]
By
Andrew Johnson Jr. Of DOW JONES NEWSWIRES
CHICAGO,
Oct 14, 2010 (Dow Jones Commodities News via Comtex) -- Spot soybean cash bids
rose at the Louisiana Gulf export market due to strong export demand Thursday.
A
large soybean export program booked through December is keeping premium bids in
the market, said Dave Marshall, commodity marketing adviser with TCFG-LLC in
Nashville, Ill.
New
Orleans-area exporters say the spread on spot basis premiums is up 1 to 2 cents
for soybeans. Higher soy barge freight and gulf bids are offsetting the weight
of harvest pressure on interior cash markets.
Gulf
cash grain basis was flat for corn and wheat.
The
nearby interior soy basis is steady, hard to rally in the midst of harvest.
However, with clear weather, 85% of the soybean crop could be cut by Monday,
leaving the cash market on the cusp of a strong basis improvement once harvest
ends, Marshall said.
Once
harvest surpasses 75% the worst of harvest pressure has passed, and based on
the premiums for deferred sales, a positive basis outlook is in place, Marshall
said.
Basis
refers to the spread between national futures and local cash-market prices, and
is a measure of supply and demand for grain in any given area.
Consistent
Chinese demand kept the soybean basis firm at export terminals, with the U.S.
Department of Agriculture announcing private exporters reported the sale of
280,000 metric tons of soybeans to China for delivery in the 2010-11 marketing
year.
"Soybean
inspections of 976,000 metric tons reflected the strong demand, with total
inspections of soybeans 82% above the previous week and 57% above last
year," the USDA reported in its weekly grain transportation report. Over
40% of total soybean inspections were destined for China, the USDA said.
Crop Weather
The
Telvent DTN weather forecast calls for the continuing warm, dry weather for
most of the Midwest area. Illinois, Indiana and Ohio received up to 3/4 of an
inch of rain Wednesday. That will slow down harvest, but the moisture was much
needed for the wheat crop and pastures. Dry weather for the next week favors
field work and planting activities, but reduces soil moisture for early growth
of the crop in the Plains, Telvent added.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.38 |
|
UK Pound |
1 |
Rs.74.01 |
|
Euro |
1 |
Rs.64.48 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.