[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1435.304]

[Page 570]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1435_SUGAR PROGRAM--Table of Contents
 
            Subpart D_Flexible Marketing Allotments For Sugar
 
Sec.  1435.304  Adjustment of the overall allotment quantity.

    (a) The overall allotment quantity will be adjusted, as CCC 
determines appropriate,
    (1) To avoid forfeiture of sugar loan collateral to CCC, and
    (2) To reflect changes in estimated consumption, stocks, production, 
or imports based on re-estimates under Sec.  1435.301.
    (b) Each determination to adjust the overall allotment quantity will 
be published in the Federal Register and accompanied by a statement of 
the reasons for the determination.
    (c) The beet sugar allotment, cane sugar allotment, State cane sugar 
allotments, proportionate shares, and allocations to each sugar beet 
processor and sugarcane processor will be increased or decreased, as 
appropriate, to reflect an overall allotment quantity adjustment.
    (d) If the overall allotment quantity is reduced under paragraph (a) 
of this section and the quantity of sugar and sugar products any 
individual processor marketed by the time of the reduction exceeds the 
processor's reduced allocation, the quantity of excess sugar or sugar 
products marketed will be deducted from the processor's allocation under 
an allotment next established.