kpix-7-2013-masthead kcbs 7-2013-masthead

Latest News

California Raisin Farmers Ask Federal Court To End Depression-Era Price Controls

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

SAN FRANCISCO(CBS/AP) — The Supreme Court is giving California raisin producers a new day in court to object to a government program that aims to stabilize prices by regulating the market.

The justices on Monday unanimously ordered a federal appeals court in California to take a new look at claims brought by farmers in California’s Central Valley about a Depression-era program intended to raise the price of raisins by keeping some of them off the market. The state produces almost all raisins in the United States.

The farmers say the program unfairly prevents them from selling their entire crop when the government determines that there otherwise would be a glut of raisins that would drive prices down. They say the program unconstitutionally takes their private property without compensation.

(Copyright 2013 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

View Comments
blog comments powered by Disqus