Redefining Bona Fide Cotton Spot Markets
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Issuing agencies
Abstract
On August 1, 2023, the Agricultural Marketing Service (AMS) published a rule amending the regulation that redefines two of the seven designated spot markets and changing the names of the affected markets. The amendatory language in this rule did not provide instructions necessary to effectuate the changes in the Code of Federal Regulations. This action corrects the names and definitions of the two affected cotton spot markets.
Full Text
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<title>Federal Register, Volume 88 Issue 193 (Friday, October 6, 2023)</title>
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[Federal Register Volume 88, Number 193 (Friday, October 6, 2023)]
[Rules and Regulations]
[Page 69529]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-22180]
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Rules and Regulations
Federal Register
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having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
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Federal Register / Vol. 88, No. 193 / Friday, October 6, 2023 / Rules
and Regulations
[[Page 69529]]
DEPARTMENT OF AGRICULTURE
Agricultural Marketing Service
7 CFR Part 27
[Doc. No. AMS-CN-22-0061]
Redefining Bona Fide Cotton Spot Markets
AGENCY: Agricultural Marketing Service, USDA.
ACTION: Technical amendment.
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SUMMARY: On August 1, 2023, the Agricultural Marketing Service (AMS)
published a rule amending the regulation that redefines two of the
seven designated spot markets and changing the names of the affected
markets. The amendatory language in this rule did not provide
instructions necessary to effectuate the changes in the Code of Federal
Regulations. This action corrects the names and definitions of the two
affected cotton spot markets.
DATES: Effective October 6, 2023.
FOR FURTHER INFORMATION CONTACT: Barbara Meredith, Division Director,
Cotton Market News, Cotton & Tobacco Program, AMS, USDA, 3275 Appling
Road, Room 10, Memphis, TN 38133. Telephone: (901) 384-3300, or Email:
<a href="/cdn-cgi/l/email-protection#9cdefdeefefdeefdb2d1f9eef9f8f5e8f4dce9eff8fdb2fbf3ea"><span class="__cf_email__" data-cfemail="692b081b0b081b0847240c1b0c0d001d01291c1a0d08470e061f">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: A final rule published in the Federal
Register on August 1, 2023 (88 FR 49993) revised the regulations
concerning bona fide spot market definitions, redefining which counties
and states compose each of these spot markets. Specifically, the rule
removed the terms ``East Texas and Oklahoma'' and ``West Texas'', and
added the terms ``East Texas and South Texas'' and ``West Texas,
Kansas, and Oklahoma.'' Furthermore, the rule removed the definitions
of ``East Texas and Oklahoma'' and ``West Texas'' and added the
definitions of ``East Texas and South Texas'' and ``West Texas, Kansas,
and Oklahoma'' in their place. This action corrects the names and
definitions of the two spot markets.
List of Subjects in 7 CFR Part 27
Commodity futures, Cotton.
For the reasons set forth in the preamble, the Agricultural
Marketing Service amends 7 CFR part 27 with the following technical
amendment:
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. Amend Sec. 27.93:
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a. Revising the introductory paragraph of the extract;
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b. By removing the definitions of ``East Texas and Oklahoma'' and
``West Texas'' and;
0
c. By adding the definitions of ``East Texas and South Texas'' and
``West Texas, Kansas, and Oklahoma'' in their place.
The additions and revision read as follows:
Sec. 27.93 Bona fide spot markets.
The following markets have been determined, after investigation,
and are hereby designated to be bona fide spot markets within the
meaning of the act:
Southeastern; North Delta; South Delta; East Texas and South Texas;
West Texas, Kansas and Oklahoma; Desert Southwest; and San Joaquin
Valley. Such markets will comprise the following areas:
* * * * *
East Texas and South Texas
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.
West Texas, Kansas, and Oklahoma
All counties in Kansas and Oklahoma, all Texas counties not
included in the East Texas, South Texas, and Desert Southwest Markets,
and the New Mexico counties of Union, Quay, Curry, Roosevelt, and Lea.
* * * * *
Melissa Bailey,
Associate Administrator, Agricultural Marketing Service.
[FR Doc. 2023-22180 Filed 10-5-23; 8:45 am]
BILLING CODE P
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