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The United States Grain Standards Act (USGSA) of 1916 (P.L. 64-190), as amended (7 U.S.C. 71 et seq.), authorizes the Grain Inspection, Packers and Stockyards Administration to establish official marketing standards (not health and safety standards) for grains and oilseeds, and requires that exported grains and oilseeds be officially weighed and inspected.
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The Grain Inspection, Packers and Stockyards Administration (GIPSA) was an agency of the United States Department of Agriculture that facilitates the marketing of livestock, poultry, meat, cereals, oilseeds, and related agricultural products, and promotes fair and competitive trading practices for the overall benefit of consumers and American agriculture.
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The Future Trading Act of 1921 (Pub. L. 67–66, 42 Stat. 187) was a United States Act of Congress, approved on August 24, 1921, by the 67th United States Congress intended to institute regulation of grain futures contracts and, particularly, the exchanges on which they were traded.
An Act making appropriations for the Department of Agriculture for the fiscal year ending June thirtieth, nineteen hundred and seventeen, and for other purposes. Enacted by: the 64th United States Congress: Effective: August 11, 1916: Citations; Public law: Pub. L. 64–190: Statutes at Large: 39 Stat. 476: Codification; Titles amended: 7 U.S.C ...