The Agricultural Marketing Service of the USDA proposes a rule to increase the assessment rate for oranges and grapefruit grown in Texas's Lower Rio Grande Valley from $0.03 to $0.04 per 7/10-bushel carton or equivalent for the 2024-2025 fiscal year and beyond. This increase aims to cover expenses and restore financial reserves. The Texas Valley Citrus Committee, comprising local producers and handlers, recommended this change to ensure sufficient funds for the operation of the marketing order. A 30-day period is open for public comments, allowing interested individuals to express their views on the proposal.
Simple Explanation
The government wants to make the fee that orange and grapefruit growers in Texas pay a little higher, from 3 cents to 4 cents for each special box they use. This extra money will help them pay their bills and save a little for the future.