USDA Proposes Rule to Amend the California Almond Marketing Order
The U.S. Department of Agriculture (USDA) is accepting comments on a proposed amendment under the federal marketing order for California almonds.
The proposed amendment would establish borrowing authority to allow the Almond Board of California to borrow funds from financial institutions through a seasonal line of credit. The board recommended this action to better manage approved expenditures within its established internal control policies and help maintain cash flow to support operations, making operations more efficient.