🌿Increase in Native Spearmint Oil Salable Quantity and Allotment
Marketing Order Regulating the Handling of Spearmint Oil Produced in the Far West; Revision of the Salable Quantity and Allotment Percentage for Class 3 (Native) Spearmint Oil for the 2024-2025 Marketing Year
Summary
This final rule implements a recommendation from the Far West Spearmint Oil Administrative Committee (Committee) to revise the quantity of Class 3 (Native) spearmint oil that handlers may purchase from, or handle on behalf of, producers in Washington, Idaho, and Oregon and parts of Nevada and Utah (Far West) for the 2024-2025 marketing year, which began on June 1, 2024. This action increases the 2024-2025 marketing year Native spearmint oil salable quantity from 678,980 pounds to 731,220 pounds, and the allotment percentage from 26 percent to 28 percent.
Agencies
- Agriculture Department
- Agricultural Marketing Service
Business Impact
$$$ - High
The rule increases the salable quantity and allotment percentage for Native spearmint oil, impacting producers and handlers in the agricultural sector directly by potentially increasing sales and market stability. Business owners must comply with volume regulation adjustments specified in the marketing order.