Olives Grown in California; Decreased Assessment Rate
Key claim: California olive growers will pay $24 per ton instead of $28 to fund the California Olive Committee starting in fiscal year 2025.
Abstract
(Rule · Agriculture Department, Agricultural Marketing Service) This final rule implements a recommendation from the California Olive Committee (Committee) to decrease the assessment rate established for the 2025 and subsequent fiscal years from $28 to $24 per ton of assessable olives grown in California. The assessment rate will remain in effect indefinitely unless modified, suspended, or terminated.
Why this matters
California olive growers will pay $24 per ton instead of $28 to fund the California Olive Committee starting in fiscal year 2025.