Revision of Regulations Defining Bona Fide Cotton Spot Markets, 25181-25182 [2013-10114]
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25181
Rules and Regulations
Federal Register
Vol. 78, No. 83
Tuesday, April 30, 2013
This section of the FEDERAL REGISTER
contains regulatory documents having general
applicability and legal effect, most of which
are keyed to and codified in the Code of
Federal Regulations, which is published under
50 titles pursuant to 44 U.S.C. 1510.
administrative procedures that must be
exhausted prior to any judicial
challenge to the provisions of this rule.
The Code of Federal Regulations is sold by
the Superintendent of Documents. Prices of
new books are listed in the first FEDERAL
REGISTER issue of each week.
Pursuant to requirements set forth in
the Regulatory Flexibility Act (RFA) (5
U.S.C. 601–612), AMS has considered
the economic impact of this action on
small entities and has determined that
its implementation will not have a
significant economic impact on a
substantial number of small businesses.
The purpose of the RFA is to fit
regulatory actions to the scale of
businesses subject to such actions so
that small businesses will not be
disproportionately burdened. There are
an estimated 25,000 cotton growers in
the U.S. who voluntarily use the AMS
cotton classing services annually, and
the majority of these cotton growers are
small businesses under the criteria
established by the Small Business
Administration (13 CFR 121.201).
Revisions to the regulations concerning
bona fide spot market definitions are
necessary to assure consistency with the
revised Cotton Research and Promotion
Act and to allow for published spot
quotes to consider spot prices of cotton
marketed in Kansas and Virginia.
Changes in spot market definitions as
stated will not significantly affect small
businesses as defined in the RFA
because:
(1) How spot prices are estimated are
not expected to be impacted by this
action;
(2) Business practices of the U.S.
cotton industry are not expected to
change as a result of this action;
(3) Costs associated with providing
market news services will not be
significantly changed by this action;
(4) Market news services are paid for
by appropriated funds, therefore users
are not charged fees for the provision of
the services.
In compliance with OMB regulations
(5 CFR part 1320), which implement the
Paperwork Reduction Act (PRA) (44
U.S.C. 3501), the information collection
requirements contained in the
provisions amended by this rule have
been previously approved by OMB and
were assigned OMB control number
0581–0009, Cotton Classification and
Market New Service.
DEPARTMENT OF AGRICULTURE
Agricultural Marketing Service
7 CFR Part 27
[Doc. No. AMS–CN–12–0024]
RIN 0581–AD26
Revision of Regulations Defining Bona
Fide Cotton Spot Markets
Agricultural Marketing Service,
USDA.
ACTION: Final rule.
AGENCY:
SUMMARY: The Agricultural Marketing
Service (AMS) is amending the
regulation that specifies which states
compose bona fide cotton spot markets
in order to assure consistency with the
revised Cotton Research and Promotion
Act. Updated bona fide spot market
definitions allow for published spot
quotes to consider spot prices of cotton
marketed in Kansas and Virginia. AMS
is also amending references to the ‘‘New
York Cotton Exchange’’ to read the
‘‘Intercontinental Exchange.’’
DATES: Effective date: May 30, 2013.
FOR FURTHER INFORMATION CONTACT:
Darryl Earnest, Deputy Administrator,
Cotton & Tobacco Programs, AMS,
USDA, 3275 Appling Road, Room 11,
Memphis, TN 38133. Telephone (901)
384–3060, facsimile (901) 384–3021, or
email darryl.earnest@ams.usda.gov.
SUPPLEMENTARY INFORMATION:
pmangrum on DSK3VPTVN1PROD with RULES
Executive Order 12866
This final rule has been determined to
be not significant for purposes of
Executive Order 12866; and, therefore
has not been reviewed by the Office of
Management and Budget (OMB).
Executive Order 12988
This final rule has been reviewed
under Executive Order 12988, Civil
Justice Reform. It is not intended to
have retroactive effect. There are no
VerDate Mar<15>2010
14:28 Apr 29, 2013
Jkt 229001
Regulatory Flexibility Act and
Paperwork Reduction Act
PO 00000
Frm 00001
Fmt 4700
Sfmt 4700
Background
The Secretary of Agriculture is
authorized under the United States
Cotton Futures Act (7 U.S.C. 15b) to
designate at least five bona fide spot
markets from which cotton price
information can be collected. A spot
market—also called the ‘‘cash market’’
or ‘‘physical market’’—is a market
where commodities are sold on the spot
for cash at current market prices and
delivered immediately. Designation of
these bona fide spot markets and the
determination of which counties and
states compose each of these spot
markets was most recently published in
the Federal Register on August 4, 1988
(53 FR 29327). For each of these bona
fide spot markets, the Cotton and
Tobacco Programs of the Agricultural
Marketing Service collects market price
information under the United States
Cotton Futures Act (7 U.S.C. 15b), the
Cotton Statistics and Estimates Act (7
U.S.C. 473b) and the Agricultural
Marketing Act of 1946 (7 U.S.C.
1622(g)). This price information is then
used to calculate price differences for
cotton futures contracts.
The Food, Conservation, and Energy
Act of 2008 (Pub. L. 110–234, 122 Stat.
923, enacted May 22, 2008, H.R. 2419)
amended Section 17(f) of the Cotton
Research and Promotion Act (7 U.S.C.
2116(f)), designating Kansas, Virginia,
and Florida as cotton producing states
for purposes of the Cotton Research and
Promotion Act. To achieve consistency
with the revised Cotton Research and
Promotion Act and to allow for
published spot quotes to consider spot
prices of cotton marketed in the
aforementioned states, § 27.93 is
amended to add all the counties of
Virginia to the Southeastern spot
market, and Kansas to the East Texas
and Oklahoma spot market.
On September 14, 2006, New York
Board of Trade—the parent company of
the New York Cotton Exchange—agreed
to become a unit of Intercontinental
Exchange. This transaction was
completed on January 12, 2007. To
reflect this organizational change in the
regulations, § 27.94 is amended such
that references to the ‘‘New York Cotton
Exchange’’ read as the ‘‘Intercontinental
Exchange.’’
Summary of Comments
A proposed rule was published in the
Federal Register on February 8, 2013,
E:\FR\FM\30APR1.SGM
30APR1
25182
Federal Register / Vol. 78, No. 83 / Tuesday, April 30, 2013 / Rules and Regulations
with a comment period of February 8,
2013 through March 11, 2013 (78 FR
9330). No comments on the proposed
regulatory amendments were received
by AMS. The proposed rule may be
viewed at www.regulations.gov.
List of Subjects in 7 CFR Part 27
Commodity futures, Cotton.
For the reasons set forth in the
preamble, 7 CFR part 27 is amended as
follows:
PART 27—[Amended]
1. The authority citation for 7 CFR
part 27 continues to read as follows:
■
§ 27.94 Spot Markets for Contract
Settlement Purposes.
*
*
*
*
*
(a) For cotton delivered in settlement
of any No. 2 contract on the
Intercontinental Exchange (ICE);
Southeastern, North and South Delta,
Eastern Texas and Oklahoma, West
Texas, and Desert Southwest.
*
*
*
*
*
Dated: April 25, 2013.
David R. Shipman,
Administrator, Agricultural Marketing
Service.
[FR Doc. 2013–10114 Filed 4–29–13; 8:45 am]
BILLING CODE 3410–02–P
Authority: 7 U.S.C. 15b, 7 U.S.C. 473b, 7
U.S.C. 1622(g).
2. In § 27.93, definitions of the
Southeastern market and the East Texas
and Oklahoma market are revised to
read as follows:
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
§ 27.93
21 CFR Parts 522 and 558
■
*
*
Bona fide Spot Markets.
*
*
*
Food and Drug Administration
[Docket No. FDA–2013–N–0002]
Southeastern
All counties in the states of Alabama,
Florida, Georgia, North Carolina, South
Carolina, and Virginia and all counties
in the state of Tennessee east of and
including Stewart, Houston,
Humphreys, Perry, Wayne and Hardin
counties.
*
*
*
*
*
East Texas and Oklahoma
All counties in the states of Kansas
and Oklahoma and the Texas counties
east of and including Montague, Wise,
Parker, Erath, Comanche, Mills, San
Saba, Mason, Sutton, Edwards, Kinney,
Maverick, Webb, Zapata, Star and
Hidalgo counties.
*
*
*
*
*
■ 3. In § 27.94, paragraph (a) is revised
to read as follows:
New Animal Drugs; Dexmedetomidine;
Lasalocid; Melengestrol; Monensin;
and Tylosin
AGENCY:
Food and Drug Administration,
HHS.
Final rule, Technical
Amendment.
ACTION:
SUMMARY: The Food and Drug
Administration (FDA) is amending the
animal drug regulations to reflect
approval actions for new animal drug
applications and abbreviated new
animal drug applications during March
2013. FDA is also informing the public
of the availability of summaries the
basis of approval and of environmental
review documents, where applicable.
DATES: This rule is effective April 30,
2013.
FOR FURTHER INFORMATION CONTACT:
George K. Haibel, Center for Veterinary
Medicine (HFV–6), Food and Drug
Administration, 7519 Standish Pl.,
Rockville, MD 20855, 240–276–9019,
george.haibel@fda.hhs.gov.
FDA is
amending the animal drug regulations to
reflect approval actions for new animal
drug applications (NADAs) and
abbreviated new animal drug
applications (ANADAs) during March
2013, as listed in table 1. In addition,
FDA is informing the public of the
availability, where applicable, of
documentation of environmental review
required under the National
Environmental Policy Act (NEPA) and,
for actions requiring review of safety or
effectiveness data, summaries of the
basis of approval (FOI Summaries)
under the Freedom of Information Act
(FOIA). These public documents may be
seen in the Division of Dockets
Management (HFA–305), Food and Drug
Administration, 5630 Fishers Lane, rm.
1061, Rockville, MD 20852, between 9
a.m. and 4 p.m., Monday through
Friday. Persons with access to the
Internet may obtain these documents at
the CVM FOIA Electronic Reading
Room: https://www.fda.gov/AboutFDA/
CentersOffices/OfficeofFoods/CVM/
CVMFOIAElectronicReadingRoom/
default.htm.
In addition, the animal drug
regulations are being amended at 21
CFR 522.558 to add a new strength of
dexmedetomidine hydrochloride
injectable solution for use in dogs and
cats. This change is being made to
improve the accuracy of the regulations.
This rule does not meet the definition
of ‘‘rule’’ in 5 U.S.C. 804(3)(A) because
it is a rule of ‘‘particular applicability.’’
Therefore, it is not subject to the
congressional review requirements in 5
U.S.C. 801–808.
SUPPLEMENTARY INFORMATION:
TABLE 1—ORIGINAL AND SUPPLEMENTAL NADAS AND ANADAS APPROVED DURING MARCH 2013
Sponsor
New animal drug product name
Action
200–532
Huvepharma AD, 5th Floor, 3A
Nikolay Haytov Str., 1113 Sophia,
Bulgaria.
TYLOVET 100 (tylosin phosphate)
and MGA (melegestrone acetate)
Type A medicated articles.
200–533
pmangrum on DSK3VPTVN1PROD with RULES
NADA/
ANADA
Huvepharma AD, 5th Floor, 3A
Nikolay Haytov Str., 1113 Sophia,
Bulgaria.
TYLOVET 100 (tylosin phosphate)
and RUMENSIN (monensin) and
DECCOX (decoquinate) Type A
medicated articles.
Original approval
as a generic
copy of NADA
139–192.
Original approval
as a generic
copy of NADA
141–149.
VerDate Mar<15>2010
14:28 Apr 29, 2013
Jkt 229001
PO 00000
Frm 00002
Fmt 4700
Sfmt 4700
E:\FR\FM\30APR1.SGM
21 CFR
section
30APR1
FOIA
summary
NEPA
review
558.342
yes ......
CE 1
558.195
yes ......
CE 1
]]>Agencies
[Federal Register Volume 78, Number 83 (Tuesday, April 30, 2013)]
[Rules and Regulations]
[Pages 25181-25182]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-10114]
========================================================================
Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
Prices of new books are listed in the first FEDERAL REGISTER issue of each
week.
========================================================================
Federal Register / Vol. 78, No. 83 / Tuesday, April 30, 2013 / Rules
and Regulations
[[Page 25181]]
DEPARTMENT OF AGRICULTURE
Agricultural Marketing Service
7 CFR Part 27
[Doc. No. AMS-CN-12-0024]
RIN 0581-AD26
Revision of Regulations Defining Bona Fide Cotton Spot Markets
AGENCY: Agricultural Marketing Service, USDA.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Agricultural Marketing Service (AMS) is amending the
regulation that specifies which states compose bona fide cotton spot
markets in order to assure consistency with the revised Cotton Research
and Promotion Act. Updated bona fide spot market definitions allow for
published spot quotes to consider spot prices of cotton marketed in
Kansas and Virginia. AMS is also amending references to the ``New York
Cotton Exchange'' to read the ``Intercontinental Exchange.''
DATES: Effective date: May 30, 2013.
FOR FURTHER INFORMATION CONTACT: Darryl Earnest, Deputy Administrator,
Cotton & Tobacco Programs, AMS, USDA, 3275 Appling Road, Room 11,
Memphis, TN 38133. Telephone (901) 384-3060, facsimile (901) 384-3021,
or email darryl.earnest@ams.usda.gov.
SUPPLEMENTARY INFORMATION:
Executive Order 12866
This final rule has been determined to be not significant for
purposes of Executive Order 12866; and, therefore has not been reviewed
by the Office of Management and Budget (OMB).
Executive Order 12988
This final rule has been reviewed under Executive Order 12988,
Civil Justice Reform. It is not intended to have retroactive effect.
There are no administrative procedures that must be exhausted prior to
any judicial challenge to the provisions of this rule.
Regulatory Flexibility Act and Paperwork Reduction Act
Pursuant to requirements set forth in the Regulatory Flexibility
Act (RFA) (5 U.S.C. 601-612), AMS has considered the economic impact of
this action on small entities and has determined that its
implementation will not have a significant economic impact on a
substantial number of small businesses.
The purpose of the RFA is to fit regulatory actions to the scale of
businesses subject to such actions so that small businesses will not be
disproportionately burdened. There are an estimated 25,000 cotton
growers in the U.S. who voluntarily use the AMS cotton classing
services annually, and the majority of these cotton growers are small
businesses under the criteria established by the Small Business
Administration (13 CFR 121.201). Revisions to the regulations
concerning bona fide spot market definitions are necessary to assure
consistency with the revised Cotton Research and Promotion Act and to
allow for published spot quotes to consider spot prices of cotton
marketed in Kansas and Virginia. Changes in spot market definitions as
stated will not significantly affect small businesses as defined in the
RFA because:
(1) How spot prices are estimated are not expected to be impacted
by this action;
(2) Business practices of the U.S. cotton industry are not expected
to change as a result of this action;
(3) Costs associated with providing market news services will not
be significantly changed by this action;
(4) Market news services are paid for by appropriated funds,
therefore users are not charged fees for the provision of the services.
In compliance with OMB regulations (5 CFR part 1320), which
implement the Paperwork Reduction Act (PRA) (44 U.S.C. 3501), the
information collection requirements contained in the provisions amended
by this rule have been previously approved by OMB and were assigned OMB
control number 0581-0009, Cotton Classification and Market New Service.
Background
The Secretary of Agriculture is authorized under the United States
Cotton Futures Act (7 U.S.C. 15b) to designate at least five bona fide
spot markets from which cotton price information can be collected. A
spot market--also called the ``cash market'' or ``physical market''--is
a market where commodities are sold on the spot for cash at current
market prices and delivered immediately. Designation of these bona fide
spot markets and the determination of which counties and states compose
each of these spot markets was most recently published in the Federal
Register on August 4, 1988 (53 FR 29327). For each of these bona fide
spot markets, the Cotton and Tobacco Programs of the Agricultural
Marketing Service collects market price information under the United
States Cotton Futures Act (7 U.S.C. 15b), the Cotton Statistics and
Estimates Act (7 U.S.C. 473b) and the Agricultural Marketing Act of
1946 (7 U.S.C. 1622(g)). This price information is then used to
calculate price differences for cotton futures contracts.
The Food, Conservation, and Energy Act of 2008 (Pub. L. 110-234,
122 Stat. 923, enacted May 22, 2008, H.R. 2419) amended Section 17(f)
of the Cotton Research and Promotion Act (7 U.S.C. 2116(f)),
designating Kansas, Virginia, and Florida as cotton producing states
for purposes of the Cotton Research and Promotion Act. To achieve
consistency with the revised Cotton Research and Promotion Act and to
allow for published spot quotes to consider spot prices of cotton
marketed in the aforementioned states, Sec. 27.93 is amended to add
all the counties of Virginia to the Southeastern spot market, and
Kansas to the East Texas and Oklahoma spot market.
On September 14, 2006, New York Board of Trade--the parent company
of the New York Cotton Exchange--agreed to become a unit of
Intercontinental Exchange. This transaction was completed on January
12, 2007. To reflect this organizational change in the regulations,
Sec. 27.94 is amended such that references to the ``New York Cotton
Exchange'' read as the ``Intercontinental Exchange.''
Summary of Comments
A proposed rule was published in the Federal Register on February
8, 2013,
[[Page 25182]]
with a comment period of February 8, 2013 through March 11, 2013 (78 FR
9330). No comments on the proposed regulatory amendments were received
by AMS. The proposed rule may be viewed at www.regulations.gov.
List of Subjects in 7 CFR Part 27
Commodity futures, Cotton.
For the reasons set forth in the preamble, 7 CFR part 27 is amended
as follows:
PART 27--[Amended]
0
1. The authority citation for 7 CFR part 27 continues to read as
follows:
Authority: 7 U.S.C. 15b, 7 U.S.C. 473b, 7 U.S.C. 1622(g).
0
2. In Sec. 27.93, definitions of the Southeastern market and the East
Texas and Oklahoma market are revised to read as follows:
Sec. 27.93 Bona fide Spot Markets.
* * * * *
Southeastern
All counties in the states of Alabama, Florida, Georgia, North
Carolina, South Carolina, and Virginia and all counties in the state of
Tennessee east of and including Stewart, Houston, Humphreys, Perry,
Wayne and Hardin counties.
* * * * *
East Texas and Oklahoma
All counties in the states of Kansas and Oklahoma and the Texas
counties east of and including Montague, Wise, Parker, Erath, Comanche,
Mills, San Saba, Mason, Sutton, Edwards, Kinney, Maverick, Webb,
Zapata, Star and Hidalgo counties.
* * * * *
0
3. In Sec. 27.94, paragraph (a) is revised to read as follows:
Sec. 27.94 Spot Markets for Contract Settlement Purposes.
* * * * *
(a) For cotton delivered in settlement of any No. 2 contract on the
Intercontinental Exchange (ICE); Southeastern, North and South Delta,
Eastern Texas and Oklahoma, West Texas, and Desert Southwest.
* * * * *
Dated: April 25, 2013.
David R. Shipman,
Administrator, Agricultural Marketing Service.
[FR Doc. 2013-10114 Filed 4-29-13; 8:45 am]
BILLING CODE 3410-02-P
