10.153 Market News

Dissemination of Technical Information

Anyone/General Public

A--Agriculture

A-Marketing

A-Technical Assistance, Information, Services;

O--Information, Statistics

O-General

 

FEDERAL AGENCY: AGRICULTURAL MARKETING SERVICE, DEPARTMENT OF AGRICULTURE

AUTHORIZATION: Cotton Statistics and Estimates Act, 7 U.S.C. 471- 473, 473b, 475-476; Tobacco Inspection Act, 7 U.S.C. 511h; Agricultural Marketing Act of 1946, 7 U.S.C. 1622k; Tobacco Statistics Act, 7 U.S.C. 501-508; Naval Stores Act, 7 U.S.C. 91-99; Cotton Futures Act, 7 U.S.C. 15b; Peanut Statistics Act, 7 U.S.C. 951-957; Food Security Act of 1985, as amended.

OBJECTIVES: To provide timely and accurate information on prices, demand, movement, volume, and quality on all major U.S. agricultural commodities.

TYPES OF ASSISTANCE: Dissemination of Technical Information.

USES AND USE RESTRICTIONS: The information can be used by anyone as a basis for judging prevailing commodity values. Market news information is disseminated by the news media, as well as by mimeographed reports, bulletin boards, telephone, facsimile machines, data networks, and telegraph.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility: Any public or private organization, or individual, including those located in the U.S. Territories, may subscribe to existing market news reports or bulletins pertaining to specific agricultural commodities.

Beneficiary Eligibility: Anyone availing themselves of this service.

Credentials/Documentation: Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination: None.  This program is excluded from coverage under E.O. 12372.

Application Procedure: Requests for Market News should be made to the appropriate commodity division of the AMS field office (see Appendix IV of the Catalog for listing of office locations).  The standard application forms as furnished by the Federal agency and required by OMB Circular No. A-102 must be used for this program.

Award Procedure: Not applicable.

Deadlines: None.

Range of Approval/Disapproval Time: Not applicable.

Appeals: Not applicable.

Renewals: Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements: Not applicable.

Length and Time Phasing of Assistance: Not applicable.

POST ASSISTANCE REQUIREMENTS:

Reports: Not applicable.

Audits: In accordance with the provisions of  7 CFR Part 3052, which implement OMB Circular No. A-133 (Revised, June 24, 1997), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that receive financial assistance of $300,000 or more in Federal awards will have a single or a program-specific audit conducted for that year.  Nonfederal entities that expend less than $300,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 7 CFR 3052.

Records: Not applicable.

FINANCIAL INFORMATION:

Account Identification: 12-2500-0-1-352.

Obligations: (Salaries and expenses) FY 99 $22,262,291; FY 00 est $22,166,000; and FY 01 est $23,843,000.

Range and Average of Financial Assistance: Not applicable.

PROGRAM ACCOMPLISHMENTS: (Names on mailing list) fiscal year 1999, 19,899; fiscal year 2000, estimate 17,370; and fiscal year 2001, estimate 17,305.  (Markets covered) fiscal year 1999, 1,746; fiscal year 2000, estimate 1,734; and fiscal year 2001, estimate 1,733.

REGULATIONS, GUIDELINES, AND LITERATURE: MB-40, "The Federal- State Market News Services;" MB-41, "Market News Service on Cotton;" MB- 61,"The Market News Service on Fruits, Vegetables, Ornamental and Specialty Crops;" MB-44, "The Market News Service on Grain;" MB-63 "Market News Service on Dairy, MB-60 Market News Service and Poultry Products;" MB-43, "Market News Service for Tobacco and Naval Stores;" Annual Market Statistical Summaries are available for sale only through the AMS commodity divisions.

INFORMATION CONTACTS:

Regional or Local Office: AMS field offices are listed in Appendix IV of the Catalog.

Headquarters Office: Associate Administrator, Agricultural Marketing Service, Department of Agriculture, Washington, DC  20250. Telephone:  (202) 720-4276.  Use the same number for FTS.

RELATED PROGRAMS: 10.250, Agricultural and Rural Economic Research; 10.950, Agricultural Statistics Reports; 10.500, Cooperative Extension Service; 10.700, National Agricultural Library; 11.001, Census Bureau Data Products; 11.110, Trade Development.

EXAMPLES OF FUNDED PROJECTS: Not applicable.

CRITERIA FOR SELECTING PROPOSALS: Not applicable.