Great Plains Coop v. Commodity Futures Trading Commission
Court of Appeals for the Eighth Circuit
1Opinion of the Court
MORRIS SHEPARD ARNOLD, Circuit Judge.
Great Plains Coop filed a complaint against the Commodity Futures Trading Commission (CFTC) seeking various forms of relief, all for the general purpose of. halting the CFTC’s administrative proceedings against Great Plains. The district court 1 dismissed Great Plains’s complaint and Great Plains appeals. We affirm.
I
Great Plains is a cooperative that purchases grain from producers using “hedge-to-arrive” contracts (HTAs). The Commodity Exchange Act (CEA), see 7 U.S.C. §§ 1-25, gives the CFTC the authority to regulate, among other things, the formation and…
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