[Code of Federal Regulations] [Title 7, Volume 8] [Revised as of January 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 7CFR984.48] [Page 582] TITLE 7--AGRICULTURE CHAPTER IX--AGRICULTURAL MARKETING SERVICE (Marketing Agreements and Orders; Fruits, Vegetables, Nuts), DEPARTMENT OF AGRICULTURE PART 984_WALNUTS GROWN IN CALIFORNIA--Table of Contents Subpart_Order Regulating Handling Sec. 984.48 Marketing estimates and recommendations. (a) Each marketing year the Board shall hold a meeting, prior to September 20, for the purpose of recommending to the Secretary a marketing policy for such year. Each year such recommendation shall be adopted by the affirmative vote of at least six members of the Board and shall include the following, and where applicable, on a kernelweight basis: (1) Its estimate of the orchard-run production in the area of production for the marketing year; (2) Its estimate of the handler carryover on August 1 of inshell and shelled walnuts; (3) Its estimate of the merchantable and substandard walnuts in the production; (4) Its estimate of the trade demand for such marketing year for shelled and inshell walnuts, taking into consideration trade carryover, imports, prices, competing nut supplies, and other factors; (5) Its recommendation for desirable handler carryover of inshell and shelled walnuts on July 31 of each marketing year; (6) Its recommendation as to the free and reserve percentages to be established for walnuts; (7) Its recommendation of the percentage of reserve walnuts that may be exported pursuant to Sec. 984.56, when it determines that the quantity of reserve walnuts that may be exported should be limited; (8) Its opinion as to whether grower prices are likely to exceed parity; and (9) Its recommendation for change, if any, in grade and size regulations. (b) [Reserved] [39 FR 35330, Oct. 1, 1974; 39 FR 35999, Oct. 7, 1974, as amended at 41 FR 31543, July 29, 1976]