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SUBJECT CATEGORY: Farmer-Stock Peanuts Available for Sale in Online Auction
EFFECTIVE DATES: November 27, 2006.
DOCUMENT SUMMARY: The Commodity Credit Corporation (CCC) is announcing that the
inventoried farmerstock peanuts will be available for sale as unrestricted use on November 29, 2006 on the Internet at
http://www.theseam.com.
SUMMARY: Farmer-stock peanuts; online auction,
CCC has contracted with The Seam, LLC, of Memphis, Tennessee to provide online marketing services to sell CCCowned peanuts on the Internet. CCC will entertain offers from prospective buyers for the purchase of CCCowned peanuts that are included in the inventory listed on The Seam's web site.
CCC owns 41,925 tons of farmerstock peanuts. The inventory is
composed of the following: 24,329 tons of Runnertype; 10,546 tons of
Spanishtype; 4,836 tons of Virginiatype; and 2,214 tons of Valencia
type peanuts. The peanuts will be made available in an auction sale
format in lieu of individual negotiated sales. All CCC inventoried peanuts will be available for sale as unrestricted use at
http://www.theseam.com on November 29, 2006, from 10 a.m. to 12 p.m. Central
Time (CT). This inventory will be made available for advance review
only, from 9 a.m. to 4 p.m. CT, on November 27 and November 28, 2006.
On November 29, 2006, an additional preview period will be provided
from 9 a.m. to 10 a.m. CT. Any unsold CCC peanut inventory may be
placed on The Seam's website at anytime following November 29, 2006,
without prior notification to the public. Interested parties are
encouraged to check The Seam's website on a regular basis for inventory that may be made available for sale.
To participate in the online peanut sales, The Seam requires users to enter into a participation agreement. There are no commission charges to place bids online; however, successful bidders are charged a commission fee of $0.75 per ton for completed sales.
Additional information on The Seam is available by contacting Kevin
Brinkley, by telephone at (901) 3740374, or by email at
kevin.brinkley@theseam.com or Charles Garner at (478) 9881125, or by
email at charles.garner@theseam.com
Any questions about this notice may be directed to Jose Gonzalez by calling (202) 6902534 or email jose.gonzalez@wdc.usda.gov.
Signed at Washington, DC, November 17, 2006.
Glen L. Keppy,
Acting Executive Vice President Commodity Credit Corporation. [FR Doc. E619974 Filed 112406; 8:45 am]
BILLING CODE 341005P
FOR FURTHER INFORMATION CONTACT Jose Gonzalez, Inventory Program
Manager, Warehouse and Inventory Division, Farm Service Agency, USDA,
STOP 0553, 1400 Independence Avenue, SW., Washington, DC 202500553.
Telephone: (202) 6902534. Email: jose.gonzalez@wdc.usda.gov. Persons
with disabilities who require alternative means for communication (Braille, large print, audiotape, etc.) should contact the
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USDA Target Center at (202) 7202600 (voice and TDD).
14 CFR Part 39 40 CFR Part 52 14 CFR Part 71 33 CFR Part 165 50 CFR Part 679 47 CFR Part 73 26 CFR Part 1 40 CFR Part 180 33 CFR Part 117 50 CFR Part 17 44 CFR Part 67 50 CFR Part 648 14 CFR Part 97 40 CFR Part 63 33 CFR Part 100 50 CFR Part 622 50 CFR Part 660 26 CFR Part 301 44 CFR Part 65 39 CFR Part 111 40 CFR Part 300 6 CFR Part 5 40 CFR Part 271 47 CFR Part 64 40 CFR Parts 52 and 81 50 CFR Part 665 10 CFR Part 50 44 CFR Part 64 49 CFR Part 571 39 CFR Part 3020