7 C.F.R. § 984.48

Current through November 30, 2024
Section 984.48 - Marketing estimates and recommendations
(a) Each marketing year the Board shall hold a meeting, prior to October 20, for the purpose of recommending to the Secretary a marketing policy for such year. Each year such recommendation shall be adopted by the affirmative vote of at least 60% of the Board and shall include the following:
(1) Its estimate of the orchard-run production in the area of production for the marketing year;
(2) The Board's estimate of the handler inventory on September 1 of inshell and shelled walnuts;
(3) Its estimate of the and substandard walnuts in the production;
(4) The Board's estimate of the trade demand for such marketing year for shelled and inshell walnuts, taking into consideration trade inventory, imports, prices, competing nut supplies, and other factors;
(5) The Board's recommendation for desirable handler inventory of inshell and shelled walnuts on August 31 of each marketing year;
(6) Its opinion as to whether grower prices are likely to exceed parity; and
(7) Its recommendation for change, if any, in grade and size regulations.
(b) [Reserved]

7 C.F.R. §984.48

39 FR 35330, Oct. 1, 1974; 39 FR 35999, Oct. 7, 1974, as amended at 41 FR 31543, July 29, 1976; 73 FR 11339 , Mar. 3, 2008
85 FR 27108 , 6/8/2020; 88 FR 56748 , 9/20/2023

Effective Date Note: At 85 FR 27108, May 7, 2020, in §984.48, paragraphs (a)(6) and (7) were stayed indefinitely.