Grain Futures Act
E618769
The Grain Futures Act was a U.S. federal law enacted in 1922 to regulate trading in grain futures on commodity exchanges and curb market manipulation.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Futures Trading Act of 1921 | 2 |
| Grain Futures Act canonical | 1 |
| Grain Futures Administration Act | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T6772595 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Grain Futures Act Context triple: [Commodity Exchange Act, replaced, Grain Futures Act]
-
A.
Commodity Exchange Act
The Commodity Exchange Act is a U.S. federal law that regulates commodity futures and options markets to prevent fraud, manipulation, and abusive trading practices.
-
B.
Farm Credit Act of 1971
The Farm Credit Act of 1971 is a U.S. federal law that modernized and consolidated regulations governing the Farm Credit System, providing a more flexible and comprehensive framework for agricultural and rural credit.
-
C.
Food, Agriculture, Conservation, and Trade Act of 1990
The Food, Agriculture, Conservation, and Trade Act of 1990 is a comprehensive U.S. farm bill that reauthorized and revised federal agricultural, conservation, trade, and food assistance programs for the 1990s.
-
D.
Agricultural Act of 1970
The Agricultural Act of 1970 was a major U.S. farm bill that restructured federal agricultural support programs, shifting toward more flexible production controls and income support for farmers.
-
E.
Food Security Act of 1985
The Food Security Act of 1985 is a major U.S. farm bill that overhauled agricultural commodity, conservation, and food assistance policies to stabilize farm incomes while promoting environmental stewardship.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Grain Futures Act Target entity description: The Grain Futures Act was a U.S. federal law enacted in 1922 to regulate trading in grain futures on commodity exchanges and curb market manipulation.
-
A.
Commodity Exchange Act
The Commodity Exchange Act is a U.S. federal law that regulates commodity futures and options markets to prevent fraud, manipulation, and abusive trading practices.
-
B.
Farm Credit Act of 1971
The Farm Credit Act of 1971 is a U.S. federal law that modernized and consolidated regulations governing the Farm Credit System, providing a more flexible and comprehensive framework for agricultural and rural credit.
-
C.
Food, Agriculture, Conservation, and Trade Act of 1990
The Food, Agriculture, Conservation, and Trade Act of 1990 is a comprehensive U.S. farm bill that reauthorized and revised federal agricultural, conservation, trade, and food assistance programs for the 1990s.
-
D.
Agricultural Act of 1970
The Agricultural Act of 1970 was a major U.S. farm bill that restructured federal agricultural support programs, shifting toward more flexible production controls and income support for farmers.
-
E.
Food Security Act of 1985
The Food Security Act of 1985 is a major U.S. farm bill that overhauled agricultural commodity, conservation, and food assistance policies to stabilize farm incomes while promoting environmental stewardship.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf | United States federal statute ⓘ |
| aimsTo |
curb excessive speculation in grain futures
ⓘ
reduce price manipulation in grain markets ⓘ |
| amendedBy |
Grain Futures Administration Act
ⓘ
linked to:
Grain Futures Act
|
| appliesTo |
commodity exchanges
ⓘ
grain futures trading ⓘ |
| citation | 42 Stat. 998 ⓘ |
| classification |
United States agricultural law
ⓘ
United States commodities and futures law ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| created | Grain Futures Administration ⓘ |
| dateEnacted | 1922-09-21 ⓘ |
| enactedInYear | 1922 ⓘ |
| enforcedBy | United States Department of Agriculture ⓘ |
| era | 1920s United States law ⓘ |
| hasEffectOn |
Chicago Board of Trade
ⓘ
other U.S. grain futures exchanges ⓘ |
| hasLanguage | English ⓘ |
| historicalPeriod | post–World War I era ⓘ |
| imposes | federal oversight on grain futures trading ⓘ |
| jurisdiction |
United States federal government
ⓘ
linked to:
United States government
|
| legalBasisFor | federal regulation of grain futures markets ⓘ |
| legislature | United States Congress ⓘ |
| motivatedBy |
concerns about speculation in agricultural commodities
ⓘ
grain price volatility after World War I ⓘ |
| presidentAtEnactment | Warren G. Harding ⓘ |
| purpose |
prevention of market manipulation
ⓘ
promotion of fair trading practices ⓘ regulation of grain futures trading ⓘ |
| regulates |
boards of trade dealing in grain futures
ⓘ
grain futures contracts ⓘ |
| relatedTo |
Commodity Exchange Act
ⓘ
Futures Trading Act of 1921 ⓘ
linked to:
Grain Futures Act
|
| replaced |
Futures Trading Act of 1921
ⓘ
linked to:
Grain Futures Act
|
| requires |
designation of contract markets
ⓘ
record-keeping by grain futures exchanges ⓘ registration of grain futures exchanges ⓘ reporting of trading information to federal authorities ⓘ |
| sector |
agriculture
ⓘ
financial markets ⓘ |
| signedBy | Warren G. Harding ⓘ |
| subjectMatter |
agricultural commodities
ⓘ
commodity futures regulation ⓘ |
| supersededBy | Commodity Exchange Act ⓘ |
| targets |
cornering of grain markets
ⓘ
manipulative practices in grain futures ⓘ |
| typeOfRegulation | market regulation ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Grain Futures Act Description of subject: The Grain Futures Act was a U.S. federal law enacted in 1922 to regulate trading in grain futures on commodity exchanges and curb market manipulation.
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: Grain Futures Act
linked to: Grain Futures Act
linked to: Grain Futures Act