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USDA Raising Potato Assessment Rate
WASHINGTON - Aug 28/06 - SNS -- The USDA is finalizing an assessment rate increase on handlers and importers of potatoes to fund promotional activities.
In order for the National Potato Promotion Board to sustain three major programs -- Domestic Marketing, International Marketing and the nutrition campaign -- at their present levels, additional revenue is required. The potato board administers an industry-funded national research and promotion program to increase U.S. exports and domestic potato consumption.
USDA is adopting, as a final rule with correcting changes, an interim final rule to increase the assessment rate on handlers and importers of potatoes from 2 cents to 2.5 cents per hundredweight. The increase is authorized under the Potato Research and Promotion Plan. The plan is authorized by the Potato Research and Promotion Act.
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