Warehouse Rates for Peanuts Pledged as Collateral for a Marketing Assistance Loan, 46184 [E6-13206]

Download as PDF 46184 Notices Federal Register Vol. 71, No. 155 Friday, August 11, 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 Rates for Peanuts Pledged as Collateral for a Marketing Assistance Loan Commodity Credit Corporation, USDA. ACTION: Notice. hsrobinson on PROD1PC67 with NOTICES1 AGENCY: SUMMARY: This notice advises warehouse operators operating under a Commodity Credit Corporation (CCC) Peanut Storage Agreement of the storage and handling rates applicable to the 2006 crop of peanuts. EFFECTIVE DATE: August 11, 2006. FOR FURTHER INFORMATION CONTACT: Any questions about this notice may be directed to 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. Email: mark.overbo@wdc.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). SUPPLEMENTARY INFORMATION: The marketing assistance loan program for peanuts was authorized by the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 7901 et seq., May 13, 2002) (‘‘2002 Act’’). Section 1307(a)(6) of the 2002 Act (7 U.S.C. 7957(a)(6)) requires CCC to pay storage, handling, and other associated costs for the 2002 through 2006 crops of peanuts that are pledged as collateral for marketing assistance loans. Further, CCC regulations governing the marketing assistance loan program at 7 CFR 1421.103 provide that, ‘‘* * * approved warehouse storage shall consist of a public warehouse for which a CCC storage agreement for the commodity is in effect that is approved by CCC for VerDate Aug<31>2005 15:03 Aug 10, 2006 Jkt 208001 price support purposes.’’ Thus, for a warehouse with an approved Peanut Storage Agreement (Form CCC–22), CCC will pay for receiving, storing, and other charges. The Peanut Storage Agreement provides that the amounts payable by CCC will be at the rates stated in the Schedule of Rates (Form CCC–22–2) in effect when the services are performed, unless otherwise provided. In lieu of amending the Schedule of Rates CCC is issuing this notice to announce those rates that CCC will pay for storage, handling, and other associated costs for the 2006 crop of peanuts. Accordingly, the rates that CCC will pay for the 2006 crop of peanuts for those warehouses with an approved Peanut Storage Agreement are as follows: A. Receiving. CCC will pay $30.00 per ton receiving charges associated with warehousestored loans directly to the warehouse after the loan has been disbursed, plus the per ton initial grading and inspection fee as determined by the Federal State Inspection Service (FSIS). B. Initial Grading and Inspection. The per ton initial grading and inspection fees as determined by FSIS for the 2006 crop year are: $5.75 Alabama, $5.90 Florida, $5.20 Georgia, $7.00 Mississippi, $5.50 New Mexico, $6.75 North Carolina, $7.35 Oklahoma, $7.00 South Carolina, $5.00 Texas, and $7.95 Virginia. CCC will pay the warehouse the rate for the applicable State, based on the location of the buying point. C. Storage. Storage amounts may be earned at the rate of $.089 per ton per day, based on a monthly storage rate of $2.71 per ton. Accrued storage charges will be deducted from the CCC loan repayment amount. In the event peanuts are forfeited to CCC, storage charges will be paid by CCC through the loan maturity date for the quantity forfeited, from the later of the following: (1) The date the peanuts are received or deposited in the warehouse; (2) the date the storage charges start; (3) the day following the date through which storage charges have been paid; (4) the date all required marketing assistance loan documents are received in the county office. Subsequent payments for the storage of CCC-owned peanuts will be made based PO 00000 Frm 00001 Fmt 4703 Sfmt 4703 on the schedule as provided in the Peanut Storage Agreement. D. Loadout. The loadout rate of $8.00 per ton includes all items associated with loading out CCC-loan or CCC-owned peanuts, including weighing and placing peanuts aboard railcars or trucks. CCC will pay loadout charges only when this service is ordered by CCC. E. Receiving Charges for CCC-Owned Peanuts. CCC will pay $8.00 per ton receiving charges associated with the delivery of CCC-owned peanuts. Other charges, including but not limited to inspection charges, are included in the CCC-loan receiving charge previously paid according to paragraph A. of this notice. Signed at Washington, DC, August 3, 2006. Teresa C. Lasseter, Executive Vice President, Commodity Credit Corporation. [FR Doc. E6–13206 Filed 8–10–06; 8:45 am] BILLING CODE 3410–05–P DEPARTMENT OF AGRICULTURE Forest Service Information Collection; Request for Comment; National Visitor Use Monitoring Forest Service, USDA. ACTION: Notice. AGENCY: SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the Forest Service is seeking comments from all interested individuals and organizations on the revision of a currently approved information collection, National Visitor Use Monitoring. Comments must be received in writing on or before October 10, 2006 to be assured of consideration. Comments received after that date will be considered to the extent practicable. ADDRESSES: Comments concerning this notice should be addressed to Dr. Donald B.K. English, Recreation and Heritage Resources, Mailstop 1125, Forest Service, USDA, 1400 Independence Ave., SW., Washington, DC 20250. DATES: E:\FR\FM\11AUN1.SGM 11AUN1

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[Federal Register Volume 71, Number 155 (Friday, August 11, 2006)]
[Notices]
[Page 46184]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-13206]


========================================================================
Notices
                                                Federal Register
________________________________________________________________________

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.

========================================================================


Federal Register / Vol. 71, No. 155 / Friday, August 11, 2006 / 
Notices

[[Page 46184]]



DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation


Warehouse Rates for Peanuts Pledged as Collateral for a Marketing 
Assistance Loan

AGENCY: Commodity Credit Corporation, USDA.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: This notice advises warehouse operators operating under a 
Commodity Credit Corporation (CCC) Peanut Storage Agreement of the 
storage and handling rates applicable to the 2006 crop of peanuts.

EFFECTIVE DATE: August 11, 2006.

FOR FURTHER INFORMATION CONTACT: Any questions about this notice may be 
directed to 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@wdc.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).

SUPPLEMENTARY INFORMATION: The marketing assistance loan program for 
peanuts was authorized by the Farm Security and Rural Investment Act of 
2002 (7 U.S.C. 7901 et seq., May 13, 2002) (``2002 Act''). Section 
1307(a)(6) of the 2002 Act (7 U.S.C. 7957(a)(6)) requires CCC to pay 
storage, handling, and other associated costs for the 2002 through 2006 
crops of peanuts that are pledged as collateral for marketing 
assistance loans. Further, CCC regulations governing the marketing 
assistance loan program at 7 CFR 1421.103 provide that, ``* * * 
approved warehouse storage shall consist of a public warehouse for 
which a CCC storage agreement for the commodity is in effect that is 
approved by CCC for price support purposes.'' Thus, for a warehouse 
with an approved Peanut Storage Agreement (Form CCC-22), CCC will pay 
for receiving, storing, and other charges.
    The Peanut Storage Agreement provides that the amounts payable by 
CCC will be at the rates stated in the Schedule of Rates (Form CCC-22-
2) in effect when the services are performed, unless otherwise 
provided. In lieu of amending the Schedule of Rates CCC is issuing this 
notice to announce those rates that CCC will pay for storage, handling, 
and other associated costs for the 2006 crop of peanuts. Accordingly, 
the rates that CCC will pay for the 2006 crop of peanuts for those 
warehouses with an approved Peanut Storage Agreement are as follows:

A. Receiving.

    CCC will pay $30.00 per ton receiving charges associated with 
warehouse-stored loans directly to the warehouse after the loan has 
been disbursed, plus the per ton initial grading and inspection fee as 
determined by the Federal State Inspection Service (FSIS).

B. Initial Grading and Inspection.

    The per ton initial grading and inspection fees as determined by 
FSIS for the 2006 crop year are: $5.75 Alabama, $5.90 Florida, $5.20 
Georgia, $7.00 Mississippi, $5.50 New Mexico, $6.75 North Carolina, 
$7.35 Oklahoma, $7.00 South Carolina, $5.00 Texas, and $7.95 Virginia. 
CCC will pay the warehouse the rate for the applicable State, based on 
the location of the buying point.

C. Storage.

    Storage amounts may be earned at the rate of $.089 per ton per day, 
based on a monthly storage rate of $2.71 per ton. Accrued storage 
charges will be deducted from the CCC loan repayment amount. In the 
event peanuts are forfeited to CCC, storage charges will be paid by CCC 
through the loan maturity date for the quantity forfeited, from the 
later of the following: (1) The date the peanuts are received or 
deposited in the warehouse; (2) the date the storage charges start; (3) 
the day following the date through which storage charges have been 
paid; (4) the date all required marketing assistance loan documents are 
received in the county office. Subsequent payments for the storage of 
CCC-owned peanuts will be made based on the schedule as provided in the 
Peanut Storage Agreement.

D. Loadout.

    The loadout rate of $8.00 per ton includes all items associated 
with loading out CCC-loan or CCC-owned peanuts, including weighing and 
placing peanuts aboard railcars or trucks. CCC will pay loadout charges 
only when this service is ordered by CCC.

E. Receiving Charges for CCC-Owned Peanuts.

    CCC will pay $8.00 per ton receiving charges associated with the 
delivery of CCC-owned peanuts. Other charges, including but not limited 
to inspection charges, are included in the CCC-loan receiving charge 
previously paid according to paragraph A. of this notice.

    Signed at Washington, DC, August 3, 2006.
Teresa C. Lasseter,
Executive Vice President, Commodity Credit Corporation.
 [FR Doc. E6-13206 Filed 8-10-06; 8:45 am]
BILLING CODE 3410-05-P