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Stock exchange for agricultural products
(Pictures you can see by clicking on the link at the end of the site!)
Vienna, 10 Tabor Road, stock exchange for agricultural products, 2008
Picture from 1900
The Attic inscriptions
The back side of the Great Mohrengasse
Interior, adapted as Odeon Theatre 2010
The market for agricultural products in Vienna, in short, Commodity Exchange, is a in 1869 founded produce exchange, without time bargain. It is located since 1890 in a 1887-1890 specifically created building in Tabor street in Vienna's Leopoldstadt.
During National Socialism in Austria (1938-1945) as well as because of market organisation act, from 1949 to 1994 the stock market possessed no power. With Austria's EU accession in 1995 the stock market was reactivated and resumed the function of the finding of the target price (Richtpreisfindung) for the Austrian market by the major market participants. Stock exchange listings are taking place on a weekly basis.
In addition, the Vienna Commodity Exchange has a tribunal that is responsible for all members and trading partners in the event of disputes.
History
Since 1812, the grain trade is a free business in Austria, therefore, therefore, corn a commodity. With the development of trade in 1853 arose the Viennese fruit and flour stock exchange. This was for the moment subordinated under the Vienna Magistrate and was only on 24 June 1869 independent. This was the birth year of the Vienna Commodity Exchange. Whose trade for the moment took place in the café Commodity Exchanges in Vienna's Leopoldstadt (2nd district). With the increase of trading volume and the trading participants, the construction of a separate stock exchange building was decided. The contract for this got in 1887 the architect Karl König, who built the Stock Exchange building in Tabor street, near the café in the Neo-Renaissance style. The completion and the start of trading took place on 23 August, 1890. In Latin letters the motto of the stock market was walled in: in usum negotiatorum cuiuscumque Nationis ac linguae ("the merchants of all nations and all languages dedicated").
Until the First World War, the Stock Exchange was the most important market for agricultural products of the Austro-Hungarian monarchy. After its demise, and the years of inflation, stock exchange trading experienced a large decline, of which the stock market not recovered until the mid-20s.
In 1938, after the annexation of Austria to Germany, the stock market was closed. During the Second World War, the stock market was hit in air raids on Vienna, the trading hall burned down . After the war was began with the rebuilding. On 10 November 1948 followed the reconstitution of the Stock Exchange Chamber and on Wednesday, the 29th July 1949, the first stock exchange meeting was held in Taborstraße in the repaired stock exchange building. The stock market was now, however, because of market regulation law determining the fixing of prices by the social partnership largely meaningless. It merely served as a weekly meeting place of key market participants. From the 1980s on, the great hall was used by the Odeon Theatre.
With the accession of Austria to the EU market in 1995, the Market Organsation Act had to be abrogated. The Commodity Exchange sat together again and took up again its function as place of target price finding of the key market participants.
The Vienna Commodity Exchange was decisively involved in the making of a unified Italian-Austrian-German model agreement for the grain trade.
Stock exchange dealing
Merchandises
Actual trading does not take place at the Produce Exchange. However, there are business transactions from a certain minium dimension for the purpose of target price finding of the traded commodities - depending on traded good, differently high, as a rule, not less than 100 tons - recorded. The exchange traffic includes substantially all in the region grown agricultural raw materials and semi-finished products which are used for human and animal consumption. Excluded from the exchange traffic are forestry products, spices, herbs as well as raw materials serving for the production of fabrics and spun yarns, such as jute. Also excluded are almost all "colonial goods", ie sugar, coffee, tea, chocolate, cocoa, and the like.
Trade practices
As binding basis of the in business occurring terms, business conditions, deadlines, settlement procedures and trade practices are serving the practices of the stock exchange for agricultural products Vienna. They should prevent misunderstandings and misinterpretations and thus facilitate domestic and international trade.
In addition, special provisions specify what requirements quality or brand denominations must fulfill - such as, "quality" or "Premium Wheat".
Quotation
The quotations occure on the basis of actual having taken place trade, hence, without contracts such as options and futures, which are not traded in Vienna, once a week on Wednesday at 13.30 clock. For assessment used are only large trades from a certain minimum quantity at wholesale price. Fixed are the prices ultimately by the Price Determination Commission, which is under the supervision of the Exchange Commissioner. The publication of the prices takes place in the official list.
Organs
Exchange Chamber
The management of the stock exchange for agricultural products behooves the chamber of the market for agricultural products in Vienna. This is composed of 30 stock exchange councilors called members, who are elected or appointed for a term of four years. They are appointed in equal numbers by the Ministry of Agriculture from by the Austrian Chambers of Agriculture proposed persons. More, in all, three members are appointed by the Chambers of Agriculture of Vienna, Lower Austria and Burgenland. The remaining 17 members are elected by the stock exchange members six of which must be coming from the milling industry or the milling craft, one from the flour processing industry or sector, six from the grain trade. The other four may belong to other professional groups participating in the exchange market. A further condition on the 30 trading councils is, that at least half of them reside in Vienna.
Out of the stock exchange councils, as well for four years are elected a governing body, the executive of the stock exchange plus the chairman of the stock exchange with his three vice-presidents and the treasurer.
As supervising organ acts the commissioner of the stock exchange with his two deputies, which are provided by the Ministry of Agriculture and Ministry of Economy.
Also appointed by the stock exchange chamber are the four-member panel of arbitrators and the three-member college of experts.
Former Presidents of the Exchange Chamber:
1869-1872: Konstantin Dora
1872-1875: Roman Uhl
1876-1894: Wilhelm Naschauer
1895-1916: Paul Ritter von Schoeller
1917-1925: Fritz Mendl
1926-1928: Hugo Hauser
1929-1931: Hermann Reif
1932-1933: Jakob Handl
1934-1938: Josef Zwetzbacher
1948-1958: Josef Rupp
1959-1963: Alfred Fromm
1963-1976: Leopold Holzschuh
1976-1977: Hermann Grün
1978-1993: Ernst Polsterer
1994-1997: Kurt Engleitner
since 1998: Rudolf Kunisch
Arbitration
Members of the Exchange are legally bound by the trade practices. These fixe also the recognition of the Arbitration Court of the Vienna Stock Exchange for agricultural products as competent tribunal in the event of disputes or disagreements. This is not bound by procedural requirements of the ordinary courts, and therefore against judgments of the tribunal also can not be appealed. The procedures usually last less than a month and the sayings of the tribunal on the Vienna Stock Exchange are, in contrast to many other European stock exchanges, immediately enforceable executory titles.
de.wikipedia.org/wiki/B%C3%B6rse_f%C3%BCr_landwirtschaftl...
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
Gloria D. Jones is one of the thousands of seniors who shop at Focus: HOPE a local agency located in Detroit, Michigan that operates the Commodity Supplemental Food Program (CSFP) in a client choice model so that participants can select the foods they want in each food category.
CSFP works to improve the health of low-income persons at least 60 years of age by supplementing their diets with nutritious U.S. Department of Agriculture (USDA) Foods.
USDA distributes both food and administrative funds to participating States and Indian Tribal Organizations to operate CSFP. State agencies distribute CSFP food to public and nonprofit private local agencies. Local agencies determine the eligibility of applicants, distribute the foods, and provide nutrition education.
Photo by Preston Keres
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
Dried fish at the weekly market of Yanonge - DRC.
Photo by Axel Fassio/CIFOR
If you use one of our photos, please credit it accordingly and let us know. You can reach us through our Flickr account or at: cifor-mediainfo@cgiar.org and m.edliadi@cgiar.org
Dried fish at the weekly market of Yanonge - DRC.
Photo by Axel Fassio/CIFOR
If you use one of our photos, please credit it accordingly and let us know. You can reach us through our Flickr account or at: cifor-mediainfo@cgiar.org and m.edliadi@cgiar.org
The Yellow Tour visited Tennessee River Music Inc., Lookout Mountain Genetics, Sand Mountain Research & Extension Center, and Circle R Hay Farm
De Wallen | Damrak
The Beurs van Berlage building was designed as a commodity exchange. It influenced many modernist architects, in particular functionalists and the Amsterdam School. It is now used as a venue for concerts, exhibitions and conferences.
Arch. Hendrik Pieter Berlage
1896-1903.
Anna Dumitriu (UK)
Make Do and Mend: Controlled Commodity references the 75th anniversary of the first use of penicillin in a human patient in 1941 and takes the form of an altered wartime woman’s dress marked with the British Board of Trade’s utility logo CC41, which stands for ‘Controlled Commodity 1941’.
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
UNCTAD hosted the fifth annual Global Commodities Forum on 7–8 April 2014.
Forum participants examined and debate the theme of global value chains, transparency and commodity-based development.
This challenging theme links two topical concepts in the development discourse – global value chains and transparency – and applies them to challenges faced by commodity-dependent developing countries.
FROM THE LOCAL PAPER -
SHE IS NOT SO MUCH YOUR WIFE - FRIEND - LOVER OR WHATEVER - SHE IS A COMMODITY - TO INVEST IN LIKE YOU WERE BUYING AND SELLING SHARES - MOST STRANGE I FEEL -
U.S. Secretary of Agriculture Sonny Perdue tours the Hunger Task Force Farm vegetable farm, which administers USDA commodity programs and services area food pantries and food banks in and around Franklin, WI, on Aug. 3, 2017.
According to the Hunger Task Force Farm, the Farm grows fresh fruits and vegetables for the express purpose of feeding the hungry, creating a reliable source of healthy food for our network. Every pound of produce is delivered free of charge. All the Wisconsin staples are grown, including corn, peppers, green beans, asparagus, apples, pears and cantaloupe—over 30 varieties of fruits and vegetables in all. The Farm produces more than 750,000 pounds of fresh fruits and vegetables every year. All delivered free to the hungry in Milwaukee. Secretary Perdue begins a five-state RV tour today. This “Back to Our Roots” Tour, will gather input on the 2018 Farm Bill and increasing rural prosperity, at the Wisconsin State Fair Park, in West Allis, near Milwaukee, MN, on Aug. 3, 2017. Along the way, Perdue will meet with farmers, ranchers, foresters, producers, students, governors, Members of Congress, U.S. Department of Agriculture (USDA) employees, and other stakeholders. This is the first of two RV tours the secretary will undertake this summer. “The ‘Back to our Roots’ Farm Bill and rural prosperity RV listening tour will allow us to hear directly from people in agriculture across the country, as well as our consumers – they are the ones on the front lines of American agriculture and they know best what the current issues are,” Perdue said. “USDA will be intimately involved as Congress deliberates and formulates the 2018 Farm Bill. We are committed to making the resources and the research available so that Congress can make good facts-based, data-driven decisions. It’s important to look at past practices to see what has worked and what has not worked, so that we create a farm bill for the future that will be embraced by American agriculture in 2018.” This first RV Tour will feature stops in five states: Wisconsin, Minnesota, Iowa, Illinois, and Indiana. For social media purposes, Secretary Perdue’s Twitter account (@SecretarySonny) will be using the hashtag #BackToOurRoots. USDA Photo by Lance Cheung.
Focus: HOPE is a local agency located in Detroit, Michigan that operates the Commodity Supplemental Food Program (CSFP) in a client choice model so that participants can select the foods they want in each food category.
CSFP works to improve the health of low-income persons at least 60 years of age by supplementing their diets with nutritious U.S. Department of Agriculture (USDA) Foods.
USDA distributes both food and administrative funds to participating States and Indian Tribal Organizations to operate CSFP. State agencies distribute CSFP food to public and nonprofit private local agencies. Local agencies determine the eligibility of applicants, distribute the foods, and provide nutrition education.
Photo by Preston Keres
Barges transit the Mississippi River near St. Louis, MO on Dec. 12, 2012. The 2012 severe drought has affected current flow conditions in the Mississippi River and caused low water levels exposing shoals and potentially putting river traffic at risk for running aground. Barge movements on the Mississippi River are important to U.S. Agriculture for the transportation approximately 50 percent of U.S. grain; such as corn, soybean, wheat and rice. Though water levels are low, the Mississippi River is still open to transportation and the U.S. Department of Agriculture (USDA) continues to work with Federal partners to monitor conditions on this critical waterway for U.S. commodities. Photo by U.S. Army Corps of Engineers.
A woman waits at a pharmacy to receive her prescription at a hosptial near Xai Xai, Mozambique Tuesday, Aug. 12, 2014. (Kate Holt/MCSP and Jhpiego)
Charcoal seller at Mokolo Market. The trade is a contributor to deforestation as people rely on charcoal and firewood for their cooking and energy needs. Yaoundé, Cameroon.
Photo by Ollivier Girard/CIFOR
If you use one of our photos, please credit it accordingly and let us know. You can reach us through our Flickr account or at: cifor-mediainfo@cgiar.org and m.edliadi@cgiar.org
A woman waits at a pharmacy to receive her prescription at a hosptial near Xai Xai, Mozambique Tuesday, Aug. 12, 2014. (Kate Holt/MCSP and Jhpiego)
Mom wanted to close a few other things that had been on her mind since dad's passing, specifically some things with his family. She wanted to see them and asked for a trip buddy, so I volunteered myself to drive her around, see a few sites, many relatives and good times.
With all of the hype surrounding the new Guardians of the Galaxy movie, it was no surprise to see some GotG cosplayers at the 2014 edition of C2E2. Peter Quill ("Star Lord"), Rocket Raccoon and his friend Groot were in Chicago taking in the scene.
Farmers' group activity initiated by AgFor Sulawesi. Regularly, training is held in the village where farmers acquire informations and share learnings. This particular session focuses on nursery management, including information of how to develop one.
Photo by: World Agroforestry Centre/Enggar Paramita
If you use one of our photos, please credit it accordingly and let us know. Reach us at e.paramita@cgiar.org
Empty phosphate train CSX B216-10 with a YN2 dash-9 on point. This empty phosphate train is from Cicero, IL from the BNSF, Down to the Bone Valley in Mulberry, FL.
Hendrik Petrus Berlage is one of the most important renovators of Netherlands' architecture at the end of the 19th century. He is born in Amsterdam in 1856. After failing artschool he studies architecture at the Zürich Institute of Technology under Gottfried Semper from 1875 until 1878, after which he travels extensively through Europe. Back in Amsterdam in 1882 he starts working at the office of Theodorus Sanders. Together they design several buildings in neo-Renaissance style, including a first design for the Amsterdam commodities exchange. In 1884 they form a partnership. From 1889 Berlage is working on his own, and designs in the then fashionable style of Jugendstil. In that year he presents himself at the World Exhibition in Paris with the design for a mausoleum, a plea for eternal peace. A first hint at Berlage's utopian socialistic ideas. In a wave of political naivity he later even makes a design for a mausoleum for Soviet dictator Lenin. A more important consequence of his socialism is the idea of Community Art (Gemeenschapskunst); artists of various disciplines working together on art that serves the community. Several of Berlage's important designs were made in this spirit.
Berlage is best known for his final design for the Amsterdam commodities exchange. The style in which this building is built becomes known as Rationalism. Important elements of this style are the honest use of materials (all used materials should be recognizable), clarity of construction (no unnecessary ornamentation) and craftmanship in the execution. Brick is the preferred material of use, although natural stone is used for parts that need accentuating. Walls are usually completely flat, with the sparse decorative elements flush with the walls. This building is considered to be the beginning of modern architecture in the Netherlands, and although representing only a phase in Berlage's career, it remains a major influences until well into the 1950's. Several protestant architects, like Tj. Kuipers, design churches in a style close to Berlage's style. The traditionalistic architects of the Delft School, especially A.J. Kropholler, continue this style long after Berlage has abandoned it, and develop it even further using Berlage's ideas. On the other hand the Amsterdam School in its first years is partially a reaction to Berlage's assumed conservatism, with an expressionistic style that definitely breaks the rules of honest use of materials and clarity of construction.
A visit to the U.S.A. in 1911 has a great impact on Berlage's work. The work of Henry Hobson Richardson, Louis H. Sullivan, and especially Frank Lloyd Wright become important influences until the end of his career.
Later in his career Berlage becomes more active in town planning. His plan for the enlargement of Amsterdam-South (1914-1915) is the most important project. Berlage also designed furniture, and even wrote several plays. Berlage died in Den Haag (The Hague) in 1934, to where he had moved his office in 1913.
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