Skip to main content
Globe And Street

The world, accounted for.

Global business and finance

SectionsMenuClose

CFTC and USDA formalize agricultural market coordination

A new memorandum aims to improve data sharing and access to risk management tools while helping the agencies identify market risks.

Grain silos beside an agricultural field
Illustration: Globe And Street

The Commodity Futures Trading Commission and U.S. Department of Agriculture have signed an agreement intended to protect the integrity of U.S. agricultural markets, the agencies announced on November 4, 2026.

The memorandum of understanding will enable the agencies to align their policies and practices, improve information sharing and widen access to risk management tools, they said. It will also support their efforts to monitor markets and identify structural or potential systematic risks.

CFTC Chairman Michael S. Selig said making data exchanges more efficient would help protect farmers, ranchers and producers and give them more opportunities to manage risk. He said agricultural markets have long helped those participants hedge against risk, deal with uncertainty and plan ahead.

USDA Secretary Brooke Rollins linked the agreement to the department’s continuing efforts to modernize its data. She said quicker, more transparent exchanges of information would help the two agencies identify risks together and respond better to market events.

Editorial policyReport a mistake

About the author

Ananya Iyer

Economy & Policy Editor

Edits and reviews stories on the economy and economic policy: growth, inflation, jobs, central banks, the IMF and World Bank, fiscal and trade policy, and regulators' rules.