Controls Over Export Sales Reporting and Futures Trading Ensure Fairness, Integrity, and Pricing Efficiency in U.S. Grain Marketing

RCED-85-20: Published: Apr 9, 1985. Publicly Released: Apr 11, 1985.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO examined certain controls designed to help ensure that grain trading is done fairly and that the financial and economic integrity of the marketplace is protected. GAO also investigated how efficiently information about grain export sales by U.S. exporters has transformed into changes in grain prices.

GAO found that current controls established by the Department of Agriculture, the Commodity Futures Trading Commission, and private industry over export sales reporting and certain aspects of futures trading help ensure fairness and soundness in the U.S. grain marketing system. However, continued rapid expansion in grain marketing and related futures markets needs monitoring to ensure that regulatory staffs keep up with the work load. The examination of the relationship between grain futures prices and export sales produced little information that the grain markets were inefficient in transforming reported sales information into price changes.

Jun 9, 2016

May 26, 2016

May 19, 2016

Apr 14, 2016

Jan 14, 2016

Jan 8, 2016

Jul 9, 2015

Jun 18, 2015

May 26, 2015

May 20, 2015

Looking for more? Browse all our products here