15 Jan 2025
🍊Proposed Increase in Texas Citrus Assessment Rate for 2024-2025
Oranges and Grapefruit Grown in Lower Rio Grande Valley in Texas; Increased Assessment Rate
Summary
This proposed rule would implement a recommendation from the Texas Valley Citrus Committee (Committee) to increase the assessment rate established for the 2024-2025 and subsequent fiscal periods from $0.03 to $0.04 per 7/10-bushel carton or equivalent of oranges and grapefruit grown in Texas. The proposed assessment rate would remain in effect indefinitely unless modified, suspended, or terminated.
Agencies
- Agriculture Department
- Agricultural Marketing Service
Business Impact
$$ - Med
The proposed rule increases the assessment rate for Texas oranges and grapefruit from $0.03 to $0.04 per 7/10-bushel carton, impacting financial obligations for handlers. This regulation will likely affect pricing structures and operational costs, making compliance crucial for relevant businesses.