[Federal Register Volume 61, Number 70 (Wednesday, April 10, 1996)] [Rules and Regulations] [Page 15881] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-8928] ----------------------------------------------------------------------- DEPARTMENT OF AGRICULTURE Commodity Credit Corporation 7 CFR Part 1435 RIN 0560-AE44 1995-Crop Sugarcane and Sugar Beet Price Support Loan Rates AGENCY: Commodity Credit Corporation, USDA. ACTION: Final rule. ----------------------------------------------------------------------- SUMMARY: The Sugar Price-Support Program is conducted by the Commodity Credit Corporation (CCC) in accordance with section 206 of the Agricultural Act of 1949, as amended (the 1949 Act). This final rule amends the regulation by setting forth 1995-crop loan rates to be used in administering the Sugar Price-Support Program. The national (weighted-average) loan rate for 1995-crop raw cane sugar shall be 18.00 cents per pound. The national (weighted-average) loan rate for 1995-crop refined beet sugar shall be 22.90 cents per pound. EFFECTIVE DATES: April 10, 1996. FOR FURTHER INFORMATION CONTACT: Daniel Colacicco, Farm Service Agency, United States Department of Agriculture (USDA), Ag Box 0516, P.O. Box 2415, Washington, DC 20013-2415, telephone 202-690-0734. 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 impact of implementation of this rule is available on request from the above- named individual. Federal Assistance Program The title and number of the Federal Assistance Program, as found in the catalogue of Federal Domestic Assistance, to which this final rule applies are Commodity Loans and Purchases--10.051. Regulatory Flexibility Act It has been determined that the Regulatory Flexibility Act is not applicable because the CCC is not required by 5 U.S.C. 553 or any other provision of law to publish a notice of proposed rulemaking with respect to the subject matter of this rule. Environmental Evaluation An Environmental Evaluation with respect to the price-support loan program has been completed. It has been determined that this action will not adversely affect environmental factors such as wildlife habitat, water quality, air quality, land use, and appearance. Therefore, neither an Environmental Assessment nor an Environmental Impact Statement is needed. Executive Order 12372 This program 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). Paperwork Reduction Act The amendments to 7 CFR part 1435 set forth in this final rule do not contain information collection requirements that require clearance by the Office of Management and Budget under the Paperwork Reduction Act of 1995 (44 U.S.C. 35). Executive Order 12778 This final rule has been reviewed in accordance with Executive Order 12778. The provisions of this final rule preempt State laws to the extent such laws are inconsistent with the provisions of this final rule; are not retroactive; and are not subject to administrative appeal remedies. Background This final rule amends 7 CFR part 1435 to set forth the 1995 national price-support levels for use in administering CCC sugar price- support programs. Section 206 of the 1949 Act provides that the Secretary of Agriculture (Secretary) shall support the price of the 1991 through 1997 domestically grown crops of sugarcane and sugar beets through nonrecourse loans. Section 206 further provides that the Secretary shall support the price of domestically grown sugarcane at such level as the Secretary determines appropriate, but not less than 18 cents per pound for raw cane sugar. The Secretary also is required to support the price of domestically grown sugar beets at a level equal to the sugarcane support level multiplied by the ratio of producer returns for sugar beets to producer returns for sugarcane, for the most recent 5-year period for which data are available, plus an amount that covers sugar beet processor fixed marketing expenses. List of Subjects in 7 CFR Part 1435 Loan programs/agriculture, Price-support programs, Reporting and recordkeeping requirements, Sugar. Accordingly, 7 CFR part 1435 is amended as follows: PART 1435--SUGAR 1. The authority citation for 7 CFR part 1435 continues to read as follows: Authority: 7 U.S.C. 1421, 1423, 1446g; 15 U.S.C. 714b and 714c. 2. Section 1435.4 is amended by redesignating paragraph (e) as paragraph (f) and adding a new paragraph (e) to read as follows: Sec. 1435.4 Method of support and loan rates. * * * * * (e) The basic (weighted average) loan rates for the 1995 crops of domestically grown: (1) Sugarcane shall be 18 cents per pound of raw cane sugar; and (2) Sugar beets shall be 22.90 cents per pound of refined beet sugar. * * * * * Signed in Washington, DC, on April 4, 1996. Bruce R. Weber, Acting Executive Vice President, Commodity Credit Corporation. [FR Doc. 96-8928 Filed 4-9-96; 8:45 am] BILLING CODE 3410-05-P