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This action revised FY2024 fees for grain inspection and weighing services provided by the Agricultural Marketing Service’s (AMS) Federal Grain Inspection Service (FGIS).  This action also implemented a revised formula to adjust inspection and weighing fees, annually, which will limit large swings in fees and ensure a sufficient reserve balance going forward.  The new formula is similar to the standardized formula used in other user-fee AMS grading programs.  The formula specified rates be based on the actual cost and workload data of the previous fiscal year(s) or accounting period(s) used by the program.  Based on the analysis and using the formula, FGIS determined the fees necessary to sustain program services.  This increases predictability and provides information for planning purposes for the grain industry.