Payments to producers and to cooperative associations.

CFR · 2024-01-01 · US · Title 7

(a) Each handler shall pay each producer for producer milk for which payment is not made to a cooperative association pursuant to paragraph (b) of this section, as follows: (1) (2) (i) The hundredweight of producer milk received times the producer price differential for the month as adjusted pursuant to § 1033.75; (ii) The pounds of butterfat received times the butterfat price for the month; (iii) The pounds of protein received times the protein price for the month; (iv) The pounds of other solids received times the other solids price for the month; (v) The hundredweight of milk received times the somatic cell adjustment for the month; (vi) Less any payment made pursuant to paragraph (a)(1) of this section; (vii) Less proper deductions authorized in writing by such producer and plus or minus adjustments for errors in previous payments to such producer; and (viii) Less deductions for marketing services pursuant to § 1000.86. (b) (1) (2) (3) (i) The hundredweight of Class I skim milk times the Class I skim milk price for the month plus the pounds of Class I butterfat times the Class I butterfat price for the month. The Class I prices to be used shall be the prices effective at the location of the receiving plant; (ii) The pounds of nonfat solids in Class II skim milk by the Class II nonfat solids price; (iii) The pounds of butterfat in Class II times the Class II butterfat price; (iv) The pounds of nonfat solids in Class IV times the nonfat solids price; (v) The pounds of butte

official document · source cfr-2024 · id 7:§ 1033.73