Raisins Produced From Grapes Grown in California; Change of Desirable Carryout Used in Computing Trade Demand

Resumo

This final rule changes the desirable carryout levels which are used in computing the yearly trade demand for California raisins. The trade demand is used to help determine the volume regulation percentages for each crop year, if necessary. The desirable carryout is being reduced from the current two and one-half months of shipments to two and one-fourth months of shipments during the 1995-96 crop year and to two months of shipments in subsequent crop years. The Raisin Administrative Committee (Committee), which is responsible for local administration of the Federal marketing order, believes that the current desirable carryout level has contributed to excessive supplies of marketable tonnage early in the crop year. This rule is expected to moderate the oversupply of California raisins early in the crop year, thus stabilizing the market conditions for producers and handlers. EFFECTIVE DATE: August 4, 1995.