Marketing estimates and recommendations.

CFR · 2024-01-01 · US · Title 7

(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 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]

official document · source cfr-2024 · id 7:§ 984.48