[Federal Register Volume 60, Number 116 (Friday, June 16, 1995)]
[Rules and Regulations]
[Pages 31623-31624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14752]



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 Rules and Regulations
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  Federal Register / Vol. 60, No. 116 / Friday, June 16, 1995 / Rules 
and Regulations  


[[Page 31623]]


DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

7 CFR Parts 1413 and 1427

RIN 0560-AD39


1995 Upland Cotton Program

AGENCY: Commodity Credit Corporation, USDA.

ACTION: Final rule.

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SUMMARY: On September 27, 1994, the Commodity Credit Corporation (CCC) 
issued a proposed rule with respect to the 1995 Upland Cotton 
Production Adjustment Program, which is conducted by CCC in accordance 
with the Agricultural Act of 1949, as amended (1949 Act). The 1995 
Upland Cotton Acreage Reduction Program (ARP) percentage has been 
determined to be zero percent. This final rule amends the regulations 
to set forth the ARP and the price support rate for the 1995 crop of 
upland cotton. No paid land diversion (PLD) program will be implemented 
for the 1995 crop of upland cotton. These actions are required by 
section 103B of the 1949 Act.
EFFECTIVE DATE: June 16, 1995.

FOR FURTHER INFORMATION CONTACT: Wayne E. Bjorlie, Consolidated Farm 
Service Agency, United States Department of Agriculture, room 3754-S, 
PO Box 2415, Washington, DC 20013-2415 or call 202-720-7954.

SUPPLEMENTARY INFORMATION:

Executive Order 12866

    This final rule has been determined to be economically significant 
and was reviewed by the Office of Management and Budget (OMB) under 
Executive Order 12866.

Regulatory Flexibility Act

    It has been determined that the Regulatory Flexibility Act is not 
applicable to this final rule since the CCC is not required by 5 U.S.C. 
553 or any other provision of law to publish a notice of proposed 
rulemaking with respect to the subject matter of these determinations.

Environmental Evaluation

    It has been determined by an environmental evaluation that this 
action will not have a significant impact on the quality of the human 
environment. Therefore, neither an Environmental Assessment nor an 
Environmental Impact Statement is needed.

Federal Assistance Program

    The title and number of the Federal Assistance Program, as found in 
the catalog of Federal Domestic Assistance, to which this rule applies 
are: Cotton Production Stabilization--10.052.

Executive Order 12778

    This final rule has been reviewed in accordance with Executive 
Order 12778. The provisions of the final rule do not preempt State 
laws, are not retroactive, and do not involve administrative appeals.

Executive Order 12372

    This program/activity is not subject to the provisions of Executive 
Order 12372, which requires intergovernmental consultation with State 
and local officials. See notice related to 7 CFR part 3015, subpart V, 
published at 48 FR 29115 (June 24, 1983).

Paperwork Reduction Act

    The amendments to 7 CFR parts 1413 and 1427 set forth in this final 
rule do not contain information collections that require clearance by 
OMB under the provisions of 44 U.S.C. 35.

Final Regulatory Impact Analysis

    The Final Regulatory Impact Analysis describing the options 
considered in developing this final rule and the impact of the 
implementation of the selected option is available on request from the 
above-named individual.

Background

    This final rule amends 7 CFR part 1413 to set forth determinations 
on the 1995 ARP and PLD programs, and 7 CFR part 1427 to set forth the 
determination of the 1995 upland cotton price support level. General 
descriptions of the statutory basis for the 1995 upland cotton ARP 
percentage determination in this final rule were set forth at 59 FR 
49214 (September 27, 1994).
    Nineteen comments were received regarding the 1995 ARP level. 
Twelve respondents recommended that the ARP level be set at zero 
percent, and one requested that a zero-percent ARP be considered. 
Another respondent requested that the ARP be set at the lowest possible 
percentage which would result in a stocks-to-use ratio of 29.5 percent. 
One respondent requested that the ARP level be set no higher than 5 
percent and another recommended 5 percent. One respondent requested the 
ARP be set no higher than 8 percent. One commented that the ARP be set 
at 10 percent, and another recommended the ARP be set at no less than 
15 percent.
    After considering these comments, the Secretary of Agriculture 
(Secretary) on October 31, 1994, announced a 7.5-percent ARP level and 
a price support level of 51.92 cents per pound for the 1995 marketing 
year. The Secretary also announced that no PLD program will be offered. 
On December 21, 1994, a final ARP requirement of zero percent was 
announced for the 1995 crop of upland cotton. The Secretary determined 
that, based upon the most recent projections of carryover and total 
disappearance, a zero-percent ARP would result in a ratio of carryover 
to total disappearance of 29.5 percent.

Acreage Reduction Program

    In accordance with section 103B(e)(1) of the 1949 Act, an ARP of 
zero percent has been established for the 1995 crop of upland cotton.
Paid Land Diversion

    In accordance with section 103B(e)(5)(A) of the 1949 Act, a PLD 
program will not be made available to producers of 1995-crop upland 
cotton.

Price Support Rate

    In accordance with section 103B(a)(1)(3) of the 1949 Act, the price 
support rate has been established with respect to the 1995 crop of 
upland cotton at 51.92 cents per pound.

[[Page 31624]]


List of Subjects

7 CFR Part 1413

    Acreage allotments, Cotton, Disaster assistance, Feed grains, Price 
support programs, Reporting and recordkeeping requirements, Rice, Soil 
conservation, Wheat.

7 CFR Part 1427

    Cotton, Loan programs/agriculture, Packaging and containers, Price 
support programs, Reporting and recordkeeping requirements, Surety 
bonds, Warehouses.

    Accordingly, 7 CFR parts 1413 and 1427 are amended as follows:

PART 1413--FEED GRAIN, RICE, UPLAND AND EXTRA LONG STAPLE COTTON, 
WHEAT AND RELATED PROGRAMS

    1. The authority citation for 7 CFR part 1413 continues to read as 
follows:

    Authority: 7 U.S.C. 1308, 1308a, 1309, 1441-2, 1444-2, 1444f, 
1445b-3a, 1461-1469; 15 U.S.C. 714b and 714c.

    2. Section 1413.54 is amended to read as follows by:
    A. Revising paragraphs (a)(3)(iii) and (a)(3)(iv),
    B. Adding paragraph (a)(3)(v), and
    C. Adding paragraph (d)(5)(iii):


Sec. 1413.54  Acreage reduction program provisions.

    (a) * * *
    (3) * * *
    (iii) 1993 upland cotton, 7.5 percent;
    (iv) 1994 upland cotton, 11.0 percent; and
    (v) 1995 upland cotton, 0 percent.
* * * * *
    (d) * * *
    (5) * * *
    (iii) Shall not be made available to producers of the 1995 crop 
upland cotton.
* * * * *

PART 1427--COTTON

    3. The authority citation for 7 CFR part 1427 continues to read as 
follows:

    Authority: 7 U.S.C. 1421, 1423, 1425, 1444, and 1444-2; 15 
U.S.C. 714b and 714c.

    4. Section 1427.8 is amended to read as follows by:
    A. Revising paragraphs (a)(1)(iii) and (a)(1)(iv); and
    B. Adding paragraph (a)(1)(v):


Sec. 1427.8  Amount of loan.

    (a) * * *
    (1) * * *
    (iii) 1993 upland cotton, 52.35 cents per pound;
    (iv) 1994 upland cotton, 50.00 cents per pound; and
    (v) 1995 upland cotton, 51.92 cents per pound.
* * * * *
    Signed at Washington, DC, on June 8, 1995.
Bruce R. Weber,
Acting Executive Vice President, Commodity Credit Corporation.
[FR Doc. 95-14752 Filed 6-15-95; 8:45 am]
BILLING CODE 3410-05-P