[Federal Register Volume 60, Number 160 (Friday, August 18, 1995)]
[Rules and Regulations]
[Pages 43001-43002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-20491]



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DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

7 CFR Parts 1413 and 1421

RIN 0560-AD38


1995 Rice Acreage Reduction Program

AGENCY: Commodity Credit Corporation, USDA.

ACTION: Final rule.

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SUMMARY: This final rule amends the regulations to establish the 
acreage reduction percentage for the 1995 crop of rice at 5 percent and 
to establish the price support rate for the 1995 crop of rice. The 
price support rate is established by statutory formula. These actions 
are required by section 101B of the Agricultural Act of 1949, as 
amended, (the 1949 Act). Public comment regarding the 1995 Rice Program 
provisions was requested in the Federal Register on September 13, 1994, 
(59 FR 46937).

EFFECTIVE DATE: August 17, 1995.

FOR FURTHER INFORMATION CONTACT: Gene S. Rosera, Agricultural 
Economist, Consolidated Farm Service Agency, United States Department 
of Agriculture, room 3758-S, P.O. Box 2415, Washington, DC 20013-2415 
or call 202-720-6734.

SUPPLEMENTARY INFORMATION:

Executive Order 12866

    This rule has been determined to be economically significant and 
was reviewed by OMB under Executive Order 12866.

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.

Regulatory Flexibility Act

    It has been determined that the Regulatory Flexibility Act is not 
applicable to this rule since the Commodity Credit Corporation is not 
required to request comments with respect to the subject matter of this 
rule.

Environmental Evaluation

    It has been determined by an environmental evaluation that this 
action will have no 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 final rule 
applies, are as follows: Rice Production Stabilization--10.065.

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 the Notice related to 7 CFR part 3015, subpart 
V, published at 48 FR 29115 (June 24, 1983).

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.

Paperwork Reduction Act

    The amendments to 7 CFR parts 1413 and 1421 set forth in this final 
rule do not contain new information collections that require clearance 
by the Office of Management and Budget under the provisions of 44 
U.S.C. 35.

Background

    This final rule amends 7 CFR part 1413 to set forth the acreage 
reduction requirement under the 1995 Rice Program.
    A proposed rule was published in the Federal Register on September 
13, 1994, at 59 FR 46937 to amend the regulations at 7 CFR part 1413 
with respect to the 1995 Rice Acreage Reduction Program (ARP) 
requirements.
    During the period for public comment that ended October 24, 1994, 
eight comments were received regarding the acreage reduction 
requirement for the 1995 crop of rice. One comment favored no ARP, two 
favored an ARP set at the statutory minimum level, two favored setting 
the ARP at the statutory maximum level, and three favored an ARP of 7 
percent or higher. 

[[Page 43002]]

    After reviewing the comments, it has been decided that the 1995-
crop acreage reduction requirement shall be 5 percent. Of all options 
considered to achieve the stocks-to-use goal of section 101B of the 
1949 Act, this level is selected because it is estimated to achieve 
both the highest farm income and the lowest Government program outlays. 
Public comments regarding the level of the national average price 
support rate for the 1995 crop were not requested because such rate is 
established by statutory formula.

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 1421

    Grains, Loan programs--agriculture, Oilseeds, Peanuts, Price 
support programs, Reporting and recordkeeping requirements, Soybeans, 
Surety bonds, Warehouses.

    Accordingly, 7 CFR parts 1413 and 1421 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. In Sec. 1413.54, paragraph (a)(4)(iv) is revised, paragraph 
(a)(4)(v) is added, paragraphs (d)(5)(i) through (d)(5)(iv) are 
reserved, and paragraph (d)(5)(v) is added to read as follows:


Sec. 1413.54  Acreage reduction program provisions.

    (a) * * *
    (4) * * *
    (iv) 1994 rice, 0 percent;
    (v) 1995 rice, 5 percent.
* * * * *
    (d) * * *
    (5) * * *
    (i)-(iv) [Reserved]
    (v) Shall not be made available to producers of rice.
* * * * *

PART 1421--GRAINS AND SIMILARLY HANDLED COMMODITIES

    3.The authority citation for 7 CFR part 1421 continues to read as 
follows:

    Authority: 7 U.S.C. 1421, 1423, 1425, 1441z, 1444f-1, 1445b-3a, 
1445c-3, 1445e, and 1446f; 15 U.S.C. 714b and 714c.

    4. In Sec. 1421.7, paragraph (b)(7)(v) is added to read as follows:


Sec. 1421.7  Adjustment of basic support rates.

* * * * *
    (b) * * *
    (7) * * *
    (v) 1995 Rice--$6.50 per hundredweight;
* * * * *
    Signed at Washington, DC, on August 14, 1995.
Bruce R. Weber,
Acting Executive Vice President, Commodity Credit Corporation.
[FR Doc. 95-20491 Filed 8-17-95; 8:45 am]
BILLING CODE 3410-05-P