Market News

To provide timely and accurate information on prices, demand, movement, volume, and quality on all major U.S.

agricultural commodities to state departments of agriculture.

credit: Martin Godwin for the Guardian


Agency - Department of Agriculture

Established in 1862, the Department of Agriculture serves all Americans through anti-hunger efforts, stewardship of nearly 200 million acres of national forest and rangelands, and through product safety and conservation efforts. The USDA opens markets for American farmers and ranchers and provides food for needy people around the world.

Office - See Regional Agency Offices.

AMS field offices are listed in Appendix IV of the Catalog.




Selected Recipients for this Program


RecipientAmount Start DateEnd Date
Indianola Main Street Inc. $ 34,744   2008-09-262010-03-28
Kansas State University $ 62,372   2008-09-262010-03-28
$ 0   
$ 0   
$ 0   
$ 0   
$ 0   
$ 0   
$ 0   
$ 0   



Program Accomplishments

Not Applicable.

Uses and Use Restrictions

The information is used by State Departments of Agriculture as a basis for judging prevailing commodity values.

Market News information is widely distributed through a variety of electronic sources, as well as fax.

Eligibility Requirements

Applicant Eligibility

State Departments of Agriculture may subscribe to existing market news reports or bulletins pertaining to specific agricultural commodities and markets.

Beneficiary Eligibility

State Departments of Agriculture.

Credentials/Documentation

Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. 2 CFR 200, Subpart E - Cost Principles applies to this program.

Aplication 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 Procedures

2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Requests for Market News reports and information should be made to the appropriate commodity division of the AMS field office (see Appendix IV of the Catalog for listing of office locations).

Award Procedures

None.

Deadlines

Not Applicable.

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.

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 Cooperative agreements with states, normally on an annual basis. Method of awarding/releasing assistance: quarterly.

Post Assistance Requirements

Reports

No reports are required.

Audits

No audits are required for this program.

Records

None.

Financial Information

Account Identification

12-2500-0-1-352.

Obigations

(Information) FY 16 $33,219,000; FY 17 est $33,659,000; and FY 18 est $32,150,000

Range and Average of Financial Assistance

Not Applicable.

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.

Information Contacts

Regional or Local Office

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

Headquarters Office

Erin Morris 1400 Independence Ave SW , Washington, District of Columbia 20250 Phone: (202) 690-4024

Criteria for Selecting Proposals

Not Applicable.



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Edited by: Michael Saunders

© 2004-2019 Copyright Michael Saunders