Raisins Produced From Grapes Grown in California; Temporary Suspension of Certain Reserve Tonnage Pricing Provisions

요약

This final rule temporarily suspends a sentence in Sec. 989.67(j) of the California raisin marketing order dealing with the pricing of reserve raisins offered to handlers for free use. The industry is faced with a large supply of Zante Currant raisins. The suspension will only apply to 1994-95 reserve Zante Currants so that the value of a portion of the free tonnage inventory held by handlers on July 31, 1994, can be adjusted downward toward current market price levels. This adjustment is necessary to help the industry become price competitive and to aid it in marketing Zante Currants. This action was unanimously recommended by the Raisin Administrative Committee (Committee), which is responsible for local administration of the order.