Bid submission procedures.

CFR · 2024-01-01 · US · Title 7

(a) After announcement by CCC that a program authorized by this subpart is (1) For a program involving acreage diversion, the amount of acreage to be reduced by producers who have contracts for delivery of sugar beets or sugar cane to the processor and contains the information CCC determines necessary to conduct the program and includes but is not limited to: (i) The number of acres that the processor, acting in conjunction with the producers, will divert; (ii) The previous consecutive 3-year simple average sugar beet or sugarcane yield on that acreage while under contract (years with no production contracted with a producer will not be considered (for first-time producers, however, the previous consecutive 3-year simple average sugar beet or sugarcane yield for all the producers under contract who delivered to the applicable factory will be used); (iii) The previous 3-year simple average sugar content of the producer's beets or sugarcane (for first-time producers, the previous 3-year simple average sugar content for all beets or cane delivered to that factory will be used); (iv) The processor's previous 3-year simple average recovery rate (for processors that have not been fully operational during the last 3 years, the simple average for those years that they were fully operational); (v) The value of CCC sugar to be received as payment; and (vi) Other information CCC deems necessary for program administration; or (2) The sugar production capacity to be removed from productio

official document · source cfr-2024 · id 7:§ 1435.501