COLORADO POTATOES.(Brief Article)

Food Institute Report, The, August, 2001

COLORADO POTATOES: USDA has proposed increasing the assessment rate for the Colorado Potato Administrative Committee, Area II for the 2001/2002 and subsequent fiscal periods from $0.0015 to $0.0035 per hundredweight of potatoes handled. Based on projected shipments of 16.5 million hundredweight, the recommended assessment rate of $0.0035 should provide $57,750 in assessment income for 2001/2002.

The Committee developed the $0.0035 assessment rate recommendation by taking into consideration the 2001/2002 budget, the estimated 2001/2002 potato crop, the relatively small size of the current monetary reserve ($32,000), and other factors such as the recent attrition in farms and handlers. The assessment rate would remain in effect indefinitely unless modified,...

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