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COMMODITY FUTURES TRADING COMMISSION

Commodity Futures Trading Commission

NOTICE: NOTICES

ACTION: Contract market proposals:

DOCUMENT ACTION: Notice of availability of terms and conditions of new contract specifications for FCOJA futures and options contracts and FCOJB futures contract.

SUBJECT CATEGORY: AGENCY: Commodity Futures Trading Commission.

DATES: Comments must be received on or before December 11, 2003.

DOCUMENT SUMMARY: The Citrus Associates of the New York Cotton Exchange (CANYCE or Exchange) has requested that the Commission approve the subject proposed new FCOJA futures and options contracts and FCOJB futures contract. The proposals were submitted pursuant to Commission Regulations 40.3 and 40.5.

The delivery provisions of the proposed FCOJA futures contract are the same as the existing FCOJ2 futures contract, and the delivery provisions of the proposed FCOJB futures contract are the same as the existing FCOJ1 futures contract. The FCOJA contract will trade outright, as the principal trading vehicle, and the FCOJB contract will trade as a differential to the FCOJA contract (currently, the FCOJ1 contract trades outright and the FCOJ2 contract trades as a differential to the FCOJ1 contract).

Both the FCOJA and FCOJB futures contracts will require delivery of 15,000 pounds of US Grade A orange solids with a Brix value of not less than 62.5 degrees, and a Brix to acid value ration of not less than 14 to 1 nor more than 19 to 1. Deliverable product must also have a minimum score of 94, with the minimums for the component factors fixed at 37 for color, 37 for flavor and 19 for defects. In addition, both the FCOJA and FCOJB futures contracts will require delivery in drums or tanks, at the seller's option, at Exchangelicensed warehouses in Florida, New Jersey, Delaware, or California. The principal difference between the two contracts is that the FCOJA futures contract, which, as noted, will be the principal trading vehicle, will require delivery of product that is 100% Florida origin, 100% Brazilian origin, or a combination of the two origins, whereas the FCOJB contract, which, as noted, will trade as a differential to FCOJA, will not have a country or state of origin requirement.

The Director of the Division of Market Oversight (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the Exchange's proposal for comment is in the public interest, and will assist the Commission in considering the views of interested persons.

SUMMARY: Citrus Associates of the New York Cotton Exchange—; FCOJ-A futures and options contracts and FCOJ-B futures contract,

SUPPLEMENTAL INFORMATION

Copies of the Exchange's proposal will be available for inspection at the Office of the Secretariat, Three Lafayette Centre, 1155 21st Street, NW., Washington 20581. Copies of the proposal can also be obtained through the Commission's Web site at http://www.cftc.gov/dea/pending/deanewcontr.htm, or through the Office of the Secretariat by mail at the above mailing address or by phone at (202) 4185100.

Other materials submitted by the CANYCE in support of the request for approval may be available upon request pursuant to the Freedom of Information Act (5 U.S.C. 552) and the Commission's regulations thereunder (17 CFR part 145 (2002)), except to the extent they are entitled to confidential treatment as set forth in 17 CFR 145.5 and 145.9. Requests for copies of such materials should be made to the FOI, Privacy and Sunshine Act Compliance Staff of the Office of the Secretariat at the Commission's headquarters in accordance with 17 CFR 145.7 and 145.8 at the above address.

Issued in Washington, DC on November 20, 2003.
Michael Gorham,
Director.
[FR Doc. 0329498 Filed 112503; 8:45 am]
BILLING CODE 835101M

FOR FURTHER INFORMATION CONTACT Please contact Martin Murray of the Division of Market Oversight, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington 20581, (202) 4185276. Facsimsile number: (202) 4185507. Electronic mail: mmurray@cftc.gov.