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DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

NOTICE: NOTICES

ACTION: Commodities available for sale:

DOCUMENT ACTION: Notice.

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,


SUPPLEMENTAL INFORMATION

CCC acquires farmer-stock peanuts through the forfeiture of marketing assistance loans obtained in accordance with the Farm Security and Rural Investment Act of 2002. CCC's general sales policy is to maximize the returns to the Corporation. The authority for selling CCCowned peanuts is the CCC Charter Act and section 165 of the Federal Agriculture Improvement and Reform Act of 1996. The regulations at 7 CFR, part 1402, contain CCC policy for certain commodities available for sale by CCC.

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
[[Page 68530]]
USDA Target Center at (202) 7202600 (voice and TDD).


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