{"data":{"id":"us/7-cfr-984.48","jurisdiction":"us","citation":"7 CFR 984.48","heading":"Marketing estimates and recommendations.","body":"(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:\n(1) Its estimate of the orchard-run production in the area of production for the marketing year;\n(2) The Board's estimate of the handler inventory on September 1 of inshell and shelled walnuts;\n(3) Its estimate of the walnuts in the production;\n(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;\n(5) The Board's recommendation for desirable handler inventory of inshell and shelled walnuts on August 31 of each marketing year;\n(6) Its opinion as to whether grower prices are likely to exceed parity; and\n(7) Its recommendation for change, if any, in grade and size regulations.\n(b) [Reserved]","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER IX—AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; FRUITS, VEGETABLES, NUTS), DEPARTMENT OF AGRICULTURE","PART 984—WALNUTS GROWN IN CALIFORNIA","Subpart A—Order Regulating Handling"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"55c5c260e39bc2a1626d042aa502d97084b429a3908be2df652178aa62d11b90","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-984.46","next":"us/7-cfr-984.49"},"notice":"GroundRules: Original legal text. Not legal advice."}