Grain Futures Act

Definition of "Grain Futures Act"
  1. A federal law established in 1923 to oversee grain futures trading, supervised by the US Department of Agriculture and modified in 1936 by the Commodity Exchange Act
How to use "Grain Futures Act" in a sentence
  1. The Grain Futures Act played a crucial role in regulating the trading of grain futures.
  2. Under the Grain Futures Act, the US Department of Agriculture had the authority to oversee grain trades.
  3. The regulation of grain futures was significantly changed with the amendment of the Grain Futures Act in 1936 by the Commodity Exchange Act.
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