Notice of Request for Extension of a Currently Approved Information Collection, 35860-35861 [06-5580]
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35860
Notices
Federal Register
Vol. 71, No. 120
Thursday, June 22, 2006
This section of the FEDERAL REGISTER
contains documents other than rules or
proposed rules that are applicable to the
public. Notices of hearings and investigations,
committee meetings, agency decisions and
rulings, delegations of authority, filing of
petitions and applications and agency
statements of organization and functions are
examples of documents appearing in this
section.
DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation
Warehouse Charges and Delivery
Obligations for Peanuts Forfeited to
the Commodity Credit Corporation
Through the Marketing Assistance
Loan Program
Commodity Credit Corporation,
USDA.
ACTION: Notice.
AGENCY:
This notice advises
warehouse operators operating under a
Commodity Credit Corporation (CCC)
Peanut Storage Agreement of provisions
that may not be altered, even through
changes made to the public tariff of the
warehouse. When CCC transfers title to
CCC-owned peanuts in store (i.e., to a
third-party buyer), the storage and
handling rates applicable to CCC must
remain applicable to the transferee
under the terms of the Peanut Storage
Agreement. Also, warehouse operators
must load out, or transfer instore, the
total loan value of the peanuts
represented on the warehouse receipt,
calculated by using USDA’s Price Table
File for the applicable crop year. This
value is not subject to a subsequent
shrink factor. The delivery obligation
created by issuing the warehouse receipt
may not be altered for any reason or by
any method, including public tariffs.
DATES: Effective Date: June 22, 2006.
FOR FURTHER INFORMATION CONTACT:
Mark Overbo, Deputy Director,
Warehouse and Inventory Division,
Farm Service Agency, USDA, STOP
0553, 1400 Independence Avenue, SW.,
Washington, DC 20250–0553.
Telephone: (202) 720–4647. E-mail:
mark.overbo@usda.gov. Persons with
disabilities who require alternative
means for communication (Braille, large
print, audiotape, etc.) should contact the
USDA Target Center at (202) 720–2600
(voice and TDD).
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SUMMARY:
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19:08 Jun 21, 2006
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CCC
incurred forfeitures on the 2004 crop of
peanuts. A portion of the CCC-owned
peanuts were sold to third-party buyers.
During routine warehouse
examinations, examiners received from
several warehouse operators questions
relating to: Storage and handling rates
applicable to peanuts after title is
transferred from CCC; and the delivery
obligation of the warehouse operator
with respect to issues of shrinkage.
The CCC Peanut Storage Agreement,
Part 2, General Terms, Item D(2),
provides ‘‘If CCC transfers title to CCCowned peanuts in store, the storage and
handling rates contained in the
Schedule of Rates will apply to the
peanuts until loaded out, provided the
transferee, in writing, orders the peanuts
loaded out for immediate shipment
within 30 days after the date title is
transferred. If the transferee does not
request, in writing, load out within 30
days after the date title is transferred,
the storage and handling rates
applicable to the transferee for the
peanuts shall not exceed CCC’s
Schedule of Rates in effect at the time
of title transfer until the earlier of: (a) 60
days, or (b) title to the peanuts is
transferred by the transferee to another
party, or (c) the transferee loads the
peanuts out of the warehouse.’’ Under
this provision, it is permissible for
warehouse operators to charge rates in
excess of the CCC rates after the end of
this specified date if the rates were
included in the public tariff at the time
the warehouse receipt was issued.
Under the CCC marketing assistance
loan program, in perfecting its security
interest in peanuts pledged as collateral
for such a loan, CCC will only accept
warehouse receipts that meet the
regulations set forth in 7 CFR part 1421.
Under these regulations and under the
U.S. Warehouse Act, the warehouse
operator must specify on the receipt:
Net pounds; loose-shelled kernels (LSK)
pounds; and the total value of the
peanuts based on a USDA price table
file (loan rate data). The warehouse
operator must also indicate on the
warehouse receipt that: ‘‘The warehouse
operator’s obligation shall be to deliver
this total value upon demand’’, and
‘‘Return of peanuts will be both net
pounds and LSK pounds. Both have
been reduced for a shrink factor.’’
Warehouse operators are advised that
changes to the public tariff to include a
SUPPLEMENTARY INFORMATION:
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shrink factor for peanuts does not in any
way alter their delivery obligation
created by issuing the warehouse
receipt. In order for warehouse
operators to compensate for shrinkage,
any shrink factors must be applied
before issuing the warehouse receipt.
Instructions for the issuance of
negotiable warehouse receipts may be
found on the Commodity Operations
Web site at https://www.fsa.usda.gov/
daco/peanuts.htm. Any questions about
this notice may be directed to Mark
Overbo by calling (202) 720–4647 or email mark.overbo@usda.gov.
Signed at Washington, DC, June 9, 2006.
Glen L. Keppy,
Acting Executive Vice President, Commodity
Credit Corporation.
[FR Doc. E6–9836 Filed 6–21–06; 8:45 am]
BILLING CODE 3410–05–P
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Farm Service Agency
Notice of Request for Extension of a
Currently Approved Information
Collection
Rural Housing Service (RHS),
Farm Service Agency (FSA), USDA.
ACTION: Proposed collection; comments
requested.
AGENCIES:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, this
notice announces the Agencies’
intention to request an extension for a
currently approved information
collection in support of 7 CFR part
1951, subpart F, ‘‘Analyzing Credit
Needs and Graduation of Borrowers.’’
DATES: Comments on this notice must be
received on or before August 21, 2006
to be assured consideration.
FOR FURTHER INFORMATION CONTACT: Gary
Wheeler, Senior Loan Officer, USDA,
FSA, Farm Loan Programs, Loan
Servicing and Property Management
Division, 1400 Independence Ave., SW.,
Washington, DC 20250–0523, telephone
(202) 690–4021. E-mail:
gary.wheeler@wdc.usda.gov.
SUPPLEMENTARY INFORMATION:
Title: 7 CFR, part 1951, subpart F,
‘‘Analyzing Credit Needs and
Graduation of Borrowers.’’
OMB Number: 0575–0093.
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Federal Register / Vol. 71, No. 120 / Thursday, June 22, 2006 / Notices
Expiration Date of Approval:
November 30, 2006.
Type of Request: Extension of a
currently approved information
collection.
Abstract: Section 333 of the
Consolidated Farm and Rural
Development Act (Con Act) (7 U.S.C.
1983) requires the Agencies to
‘‘graduate’’ their direct loan borrowers
to other credit when they are able to do
so. Graduation is required because the
Government loans are not to be
extended beyond a borrower’s need for
subsidized rates or Government credit.
Borrowers must refinance their direct
Government loan when other credit
becomes available at reasonable rates
and terms. If other credit is not
available, the Agencies will continue to
review the account for possible
graduation at periodic intervals. Also, 7
CFR part 1951, subpart F, requires FSA
to provide a financial prospectus to
lenders who may be interested in
providing credit to FSA direct farm loan
borrowers with an FSA guarantee and
interest assistance. The information
collected to carry out these statutory
mandates is financial data such as
amount of income, operating expenses,
asset values and liabilities. This
information collection is then submitted
by the Agencies to private creditors.
Estimate of Burden: Public reporting
for this collection of information is
estimated to average two hours per
response.
Respondents: Individuals or
households, business or other for profit
and farms.
Estimated Number of Respondents:
18,383.
Estimated Number of Responses per
Respondent: 1.
Estimated Number of Responses:
18,383.
Estimated Total Annual Burden on
Respondents: 38,322 hours.
Copies of this information collection
can be obtained from Renita Bolden,
Regulations and Paperwork
Management Branch, at (202) 692–0035.
Comments: Comments are invited on:
(a) Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Agencies, including whether the
information will have practical utility;
(b) the accuracy of the Agencies
estimate of the burden of the proposed
collection of information including the
validity of the Department of
Agriculture methodology and
assumptions used; (c) ways to enhance
the quality, utility and clarity of the
information to be collected; and (d)
ways to minimize the burden of the
collection of information on those who
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19:08 Jun 21, 2006
Jkt 208001
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
Comments may be sent to Renita
Bolden, Regulations and Paperwork
Management Branch, U.S. Department
of Agriculture, Rural Development,
STOP 0742, 1400 Independence Ave.,
SW., Washington, DC 20250. All
responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
Dated: June 16, 2006.
David Villano,
Acting Administrator, Rural Housing Service.
Dated: June 14, 2006.
Glen L. Keppy,
Acting Administrator, Farm Service Agency.
[FR Doc. 06–5580 Filed 6–21–06; 8:45 am]
BILLING CODE 3410–XV–P
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Public Meetings of Advisory
Committee on Beginning Farmers and
Ranchers
Farm Service Agency, USDA.
Notice of public meetings.
AGENCY:
ACTION:
SUMMARY: In accordance with the
Federal Advisory Committee Act, the
Farm Service Agency (FSA) is issuing
this notice to advise the public that
meetings of the Advisory Committee on
Beginning Farmers and Ranchers
(Committee) will be held to discuss
various beginning farmer issues.
DATES: The public meetings will be held
July 11–12, 2006. The first meeting, on
July 11, 2006, will start at 8:30 a.m. and
end at 5:30 p.m. The second meeting, on
July 12, 2006, will begin at 8 a.m. and
end by 4 p.m. All times noted are
Eastern Standard Time (EST).
ADDRESSES: All meetings will be held at
the Doubletree Hotel, 1515 Rhode Island
Avenue, NW., Washington, DC, (202)
232–7000. Written requests to make oral
presentations must be sent to: Mark
Falcone, Designated Federal Official for
the Advisory Committee on Beginning
Farmers and Ranchers, Farm Service
Agency, U.S. Department of Agriculture
(USDA), 1400 Independence Avenue,
SW., STOP 0522, Washington, DC
20250–0522; telephone (202) 720–1632;
FAX (202) 690–1117; e-mail:
mark.falcone@wdc.usda.gov.
FOR FURTHER INFORMATION CONTACT:
Mark Falcone at (202) 720–1632.
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35861
Section 5
of the Agricultural Credit Improvement
Act of 1992 (Pub. L. 102–554) required
the Secretary of Agriculture (the
Secretary) to establish the Committee for
the purpose of advising the Secretary on
the following:
(1) The development of a program of
coordinated financial assistance to
qualified beginning farmers and
ranchers required by section 309(i) of
the Consolidated Farm and Rural
Development Act (7 U.S.C. 1929). Under
the program, Federal and State
beginning farmer programs provide
financial assistance to beginning farmers
and ranchers;
(2) Methods of maximizing the
number of new farming and ranching
opportunities created through the
program;
(3) Methods of encouraging States to
participate in the program;
(4) The administration of the program;
and
(5) Other methods of creating new
farming or ranching opportunities.
The Committee meets at least once a
year and all meetings are open to the
public. The duration of the Committee
is indefinite. Earlier meetings of the
Committee, beginning in 1999, provided
an opportunity for members to exchange
ideas on ways to increase opportunities
for beginning farmers and ranchers.
Members discussed various issues and
drafted numerous recommendations,
which were provided to the Secretary.
Agenda items for the July 2006
meetings include:
(1) Discussions concerning provisions
to recommend for inclusion in the 2007
Farm Bill to assist beginning farmers
and ranchers;
(2) Farm Credit System lending to
young, small, and beginning farmers
and ranchers;
(3) Bank lending to beginning farmers
and ranchers;
(4) Opportunities for beginning
farmers and ranchers through USDA’s
Cooperative State Research, Education,
and Extension Service (CSREES),
Natural Resources Conservation Service
(NRCS) and Farm Service Agency (FSA).
Attendance is open to all interested
persons but limited to space available.
Anyone wishing to make an oral
statement should submit a request in
writing (letter, fax, or e-mail) to Mark
Falcone at the above address.
Statements should be received no later
than July 5, 2006. Requests should
include the name and affiliation of the
individual who will make the
presentation and an outline of the issues
to be addressed.
The floor will be open to oral
presentations beginning at 1:15 p.m.
SUPPLEMENTARY INFORMATION:
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]]>Agencies
[Federal Register Volume 71, Number 120 (Thursday, June 22, 2006)]
[Notices]
[Pages 35860-35861]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-5580]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Farm Service Agency
Notice of Request for Extension of a Currently Approved
Information Collection
AGENCIES: Rural Housing Service (RHS), Farm Service Agency (FSA), USDA.
ACTION: Proposed collection; comments requested.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Agencies' intention to request an extension for a
currently approved information collection in support of 7 CFR part
1951, subpart F, ``Analyzing Credit Needs and Graduation of
Borrowers.''
DATES: Comments on this notice must be received on or before August 21,
2006 to be assured consideration.
FOR FURTHER INFORMATION CONTACT: Gary Wheeler, Senior Loan Officer,
USDA, FSA, Farm Loan Programs, Loan Servicing and Property Management
Division, 1400 Independence Ave., SW., Washington, DC 20250-0523,
telephone (202) 690-4021. E-mail: gary.wheeler@wdc.usda.gov.
SUPPLEMENTARY INFORMATION:
Title: 7 CFR, part 1951, subpart F, ``Analyzing Credit Needs and
Graduation of Borrowers.''
OMB Number: 0575-0093.
[[Page 35861]]
Expiration Date of Approval: November 30, 2006.
Type of Request: Extension of a currently approved information
collection.
Abstract: Section 333 of the Consolidated Farm and Rural
Development Act (Con Act) (7 U.S.C. 1983) requires the Agencies to
``graduate'' their direct loan borrowers to other credit when they are
able to do so. Graduation is required because the Government loans are
not to be extended beyond a borrower's need for subsidized rates or
Government credit. Borrowers must refinance their direct Government
loan when other credit becomes available at reasonable rates and terms.
If other credit is not available, the Agencies will continue to review
the account for possible graduation at periodic intervals. Also, 7 CFR
part 1951, subpart F, requires FSA to provide a financial prospectus to
lenders who may be interested in providing credit to FSA direct farm
loan borrowers with an FSA guarantee and interest assistance. The
information collected to carry out these statutory mandates is
financial data such as amount of income, operating expenses, asset
values and liabilities. This information collection is then submitted
by the Agencies to private creditors.
Estimate of Burden: Public reporting for this collection of
information is estimated to average two hours per response.
Respondents: Individuals or households, business or other for
profit and farms.
Estimated Number of Respondents: 18,383.
Estimated Number of Responses per Respondent: 1.
Estimated Number of Responses: 18,383.
Estimated Total Annual Burden on Respondents: 38,322 hours.
Copies of this information collection can be obtained from Renita
Bolden, Regulations and Paperwork Management Branch, at (202) 692-0035.
Comments: Comments are invited on: (a) Whether the proposed
collection of information is necessary for the proper performance of
the functions of the Agencies, including whether the information will
have practical utility; (b) the accuracy of the Agencies estimate of
the burden of the proposed collection of information including the
validity of the Department of Agriculture methodology and assumptions
used; (c) ways to enhance the quality, utility and clarity of the
information to be collected; and (d) ways to minimize the burden of the
collection of information on those who are to respond, including
through the use of appropriate automated, electronic, mechanical, or
other technological collection techniques or other forms of information
technology. Comments may be sent to Renita Bolden, Regulations and
Paperwork Management Branch, U.S. Department of Agriculture, Rural
Development, STOP 0742, 1400 Independence Ave., SW., Washington, DC
20250. All responses to this notice will be summarized and included in
the request for OMB approval. All comments will also become a matter of
public record.
Dated: June 16, 2006.
David Villano,
Acting Administrator, Rural Housing Service.
Dated: June 14, 2006.
Glen L. Keppy,
Acting Administrator, Farm Service Agency.
[FR Doc. 06-5580 Filed 6-21-06; 8:45 am]
BILLING CODE 3410-XV-P
