Market News (10.153)

Program

10.153 Market News

Federal Agency

Agency: Department of Agriculture
Office: Agricultural Marketing Service

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.

Program Number

10.153

Last Known Status

Active

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 widely distributed through a variety of electronic sources as well as fax and paper copies.

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. OMB Circular No. A-87 applies to this program.

Application and Award Process

Preapplication Coordination

Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.

Application Procedure

OMB Circular No. A-102 applies to this program. This program is excluded from coverage under OMB Circular No. A-110. 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

None.

Deadlines

Not Applicable.

Range of Approval/Disapproval Time

Not Applicable.

Appeals

Not Applicable.

Renewals

Not Applicable.

Assistance Considerations

Formula and Matching Requirements

This program has no statutory formula.

This program has no matching requirements.

This program does not have MOE requirements.

Length and Time Phasing of Assistance

As provided for in subscription. Method of awarding/releasing assistance: quarterly.

Post Assistance Requirements

Reports

Audits

No audits are required for this program.

Records

None.

Program Accomplishments

Not Applicable.

Financial Information

Account Identification

12-2500-0-1-352.

Obligations

(Salaries) FY 08 $32,704,000; FY 09 est $33,411,000; FY 10 est $34,222,000

Range and Average of Financial Assistance

N/A.

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.

Related Programs

10.250 Agricultural and Rural Economic Research; 10.500 Cooperative Extension Service; 10.700 National Agricultural Library; 10.950 Agricultural Statistics Reports; 11.001 Census Bureau Data Products; 11.110 Manufacturing and Services

Information Contacts

Regional or Local Office

See Regional Agency Offices. AMS field offices are listed in Appendix IV of the Catalog.

Headquarters Office

David Shipman 1400 Independence Ave SW, Washington, District of Columbia 20250 Phone: 202-720-4276

Web Site Address

http://www.ams.usda.gov.

Examples of Funded Projects

Not Applicable.

Criteria for Selecting Proposals

Not Applicable.