Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter X - Agricultural Marketing Service (Marketing Agreements and Orders; Milk), Department of Agriculture |
Part 1050 - MILK IN CENTRAL ILLINOIS MARKETING AREA |
Subpart A - Order Regulating Handling |
Class Prices |
§ 1050.50 - Class prices.
Latest version.
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Subject to the provisions of § 1050.52, the class prices for the month per hundredweight of milk containing 3.5 percent butterfat shall be as follows:
(a)
Class I price. From the effective date hereof through April 30, 1988, and thereafter until amended, the Class I price shall be the basic formula price for the second preceding month plus $1.61.(b) Class II price. The Class II price shall be the basic formula price for the second preceding month plus $0.30.
(c)
Class III price. The Class III price shall be the basic formula price for the month.