§ 1004.71 - Payments to the producer-settlement fund.  


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  • On or before the 15th day after the end of the month each handler shall pay to the market administrator the amount, if any, by which the total amount specified in paragraph (a) of this section exceeds the amounts specified in paragraph (b) of this section:

    (a) The net pool obligation computed pursuant to § 1004.60 for such handler;

    (b) The sum of:

    (1) The value of milk received by such handler from producers and from cooperative association handlers pursuant to § 1004.9(c) at the applicable price(s) pursuant to § 1004.61 adjusted by applicable location differentials, less in the case of a cooperative association on milk for which it is a handler pursuant to § 1004.9(c), the amount due from other handlers pursuant to § 1004.74(d); and

    (2) The value at the weighted average differential price, computed pursuant to § 1004.61, adjusted by the applicable location differential on nonpool milk pursuant to § 1004.75(b), with respect to other source milk for which a value was computed pursuant to § 1004.60(h).