§ 1004.73 - Value of producer milk.  


Latest version.
  • The total value of milk received from producers during any month shall be the sum of the following calculations:

    (a) The value of a producer's milk shall be the sum of the following:

    (1) The weighted average differential price subject to the appropriate plant location adjustment times the total hundredweight of milk received from the producer;

    (2) The total nonfat milk solids contained in the producer milk received from the producer multiplied by the producer nonfat milk solids price computed pursuant to § 1004.61; and

    (3) The total butterfat contained in the producer milk received from the producer times the butterfat price computed pursuant to § 1004.50(d).

    (b) [Reserved]