---
kind: "section"
citation: "7 C.F.R. § 984.48"
title: "7"
number: "984.48"
heading: "Marketing estimates and recommendations."
url: "https://uscodex.org/cfr/7/984.48"
---

# §984.48. Marketing estimates and recommendations.

- (a) Each marketing year the Board shall hold a meeting, prior to October 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 60% of the Board and shall include the following:
  - (1) Its estimate of the orchard-run production in the area of production for the marketing year;
  - (2) The Board's estimate of the handler inventory on September 1 of inshell and shelled walnuts;
  - (3) Its estimate of the walnuts in the production;
  - (4) The Board's estimate of the trade demand for such marketing year for shelled and inshell walnuts, taking into consideration trade inventory, imports, prices, competing nut supplies, and other factors;
  - (5) The Board's recommendation for desirable handler inventory of inshell and shelled walnuts on August 31 of each marketing year;
  - (6) Its opinion as to whether grower prices are likely to exceed parity; and
  - (7) **Its recommendation for change, if any, in grade and size regulations.**
- (b) [Reserved]

## Notes

### Amendments

[39 FR 35330, Oct. 1, 1974; 39 FR 35999, Oct. 7, 1974, as amended at 41 FR 31543, July 29, 1976; 73 FR 11339, Mar. 3, 2008; 88 FR 56748, Aug. 21, 2023]

### Source

Source: 27 FR 9094, Sept. 13, 1962, unless otherwise noted.

### Authority

Authority: 7 U.S.C. 601-674.

### Amendments

[39 FR 35330, Oct. 1, 1974; 39 FR 35999, Oct. 7, 1974, as amended at 41 FR 31543, July 29, 1976; 73 FR 11339, Mar. 3, 2008; 88 FR 56748, Aug. 21, 2023]