97-29355. Proposed Amendments to Minneapolis Grain Exchange Barley Futures Contract

[Federal Register Volume 62, Number 215 (Thursday, November 6, 1997)]
[Notices]
[Pages 60067-60068]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29355]


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COMMODITY FUTURES TRADING COMMISSION


Proposed Amendments to Minneapolis Grain Exchange Barley Futures 
Contract

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of availability of proposed amendments.

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SUMMARY: The Minneapolis Grain Exchange (MGE or Exchange) has proposed 
amendments to Minneapolis Grain Exchange barley futures contract. The 
primary amendment will change the par delivery location for barley from 
Tulare, California, to Portland, Oregon. Another amendment will provide 
the issuers of barley shipping certificates the opportunity to declare 
unit train delivery. The proposal was submitted under the Commission's 
45-day Fast Track procedures. The Acting Director of the Division of 
Economic Analysis (Division) of the Commission, acting pursuant to the 
authority delegated by Commission Regulation 140.96, has determined 
that publication of the proposals for comment is in the public 
interest, will assist the Commission in considering the views of 
interested persons, and is consistent with the purpose of the Commodity 
Exchange Act.

DATES: Comments must be received on or before November 21, 1997.

ADDRESSES: Interested persons should submit their views and comments to 
Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
Lafayette Centre, 21st Street NW, Washington, DC 20581. In addition, 
comments may be sent by facsimile transmission to facsimile number 
[phone], or by electronic mail to [e-mail]. Reference 
should be made to the MGE barley.

FOR FURTHER INFORMATION CONTACT: Please contact John Bird of the 
Division of Economic Analysis, Commodity Futures Trading Commission, 
Three Lafayette Centre, 21st Street NW, Washington, 20581, telephone 
[phone]. Facsimile number: [phone]. Electronic mail: 
[e-mail].

SUPPLEMENTARY INFORMATION:The proposed amendments were submitted 
pursuant to the Commission's Fast Track procedures for streamlining the 
review of futures contract rule amendments (62 FR 10434). Under those 
procedures, the proposal, absent any contrary action by the Commission, 
may be deemed approved at the close of business on December 15, 1997, 
45 days after receipt of the proposal. In view of the limited review 
period provided under the Fast Track procedures, the Commission has 
determined to publish for public comment notice of the availability of 
the terms and conditions for 15 days, rather than 30 days as provided 
for proposals submitted under the regular review procedures.
    Copies of the proposed amendments will be available for inspection 
at the Office of the Secretariat, Commodity Futures Trading Commission, 
Three Lafayette Centre, 21st Street NW, Washington, DC 20581. Copies of 
the proposed amendments can be obtained through the Office of the 
Secretariat by mail at the above address, by phone at [phone], 
or via the internet on the CFTC website at www.cftc.gov under ``What's 
Pending''.
    Other materials submitted by the MGE in support of the proposal 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 (1987)), 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

[[Page 60068]]

Secretariat at the Commission's headquarters in accordance with 17 CFR 
145.7 and 145.8.
    Any person interested in submitting written data, views, or 
arguments on the proposed amendments, or with respect to other 
materials submitted by the MGE, should send such comments to Jean A. 
Webb, Secretary, Commodity Futures Trading Commission, Three Lafayette 
Centre, 21st Street NW, Washington, DC 20581 by the specified date.

    Issued in Washington, DC, on October 31, 1997.
John R. Mielke,
Acting Director.
[FR Doc. 97-29355 Filed 11-5-97; 8:45 am]
BILLING CODE 6351-01-P