CFTC and USDA Sign MOU to Strengthen Agricultural Market Protections and Data Sharing
The CFTC and USDA signed an MOU to harmonize policies, share data more effectively, and jointly monitor risks in U.S. agricultural markets. The pact expands risk management access for farmers while strengthening market integrity protections. It formalizes coordination built on USDA data modernization.
SCCG Take — This interagency MOU sets a framework for tighter oversight and information flow that regulators should replicate where market risks cross boundaries.
The Commodity Futures Trading Commission and the U.S. Department of Agriculture announced the signing of a Memorandum of Understanding to safeguard the integrity of U.S. agricultural markets.
The MOU enables the agencies to harmonize policies and practices for improved information sharing and greater access to risk management tools. It further supports joint efforts to monitor and identify structural or potential systematic risks.
Formalized Partnership for Market Oversight
The agreement formalizes long-standing cooperation between the agencies. CFTC Chairman Michael S. Selig noted the central role of these markets for the agricultural community.
Selig stated: “For decades, America’s agricultural community has relied on our markets to hedge risk, manage uncertainty, and plan for the future. I’m proud that the CFTC and USDA have formalized this partnership through an MOU that will strengthen protections for America’s farmers, ranchers, and producers while expanding opportunities to manage risk through more efficient data sharing. I commend Secretary Rollins for her partnership and commitment to a more coordinated regulatory approach that safeguards the integrity of our markets and ensures they continue serving the agricultural community that feeds and clothes our nation.”
Data Modernization and Risk Response
USDA Secretary Brooke Rollins highlighted the need for faster, transparent data flows. Rollins stated: “Faster and more transparent data sharing between USDA and CFTC is critical to helping our farmers and ranchers navigate an ever-changing market. This MOU builds upon USDA’s ongoing data modernization efforts and allows our agencies to collaboratively identify risks and improve responses to market events. Breaking down barriers between government agencies to deliver for our customers is a hallmark of this administration and I am looking forward to the successes this MOU will bring.”
The step aligns with broader efforts to coordinate regulatory approaches across agencies, as detailed in the CFTC press release.
Gaming, betting and prediction markets — the desk’s read, every weekday.
Subscribe →