Grain Futures Act
- 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
- The Grain Futures Act played a crucial role in regulating the trading of grain futures.
- Under the Grain Futures Act, the US Department of Agriculture had the authority to oversee grain trades.
- The regulation of grain futures was significantly changed with the amendment of the Grain Futures Act in 1936 by the Commodity Exchange Act.