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From its beginning in 1878 as a mercantile store in Fresno, CA, Penny Newman Grain has grown to become a leading merchant in the international market for grains and feed by-products. With offices in California and Tennessee, and transloading and shipping locations throughout the United States, Penny Newman serves farmers and feed manufacturers worldwide.From its beginning in 1878 as a mercantile store in Fresno, CA, Penny Newman Grain has grown to become a leading merchant in the international market for grains and feed by-products. With offices in California and Tennessee, and transloading and shipping locations throughout the United States, Penny Newman serves farmers and feed manufacturers worldwide.