Price reporting specifications.

CFR · 2024-01-01 · US · Title 7

The following are the reporting specifications for each dairy product: (a) Specifications for Cheddar Cheese Prices: (1) Variety: Cheddar cheese. (2) Style: 40-pound blocks or 500-pound barrels. (3) Moisture Content: (i) 40-pound blocks: Moisture content is not reported. Exclude cheese that will be aged. (ii) 500-pound barrels: Report weighted average moisture content of cheese sold. AMS will adjust price to a benchmark of 38.0 percent based on standard moisture adjustment formulas. Exclude cheese with moisture content exceeding 37.7 percent. (4) Age: Not less than 4 days or more than 30 days on date of sale. (5) Grade: (i) 40-pound blocks: Product meets Wisconsin State Brand or USDA Grade A or better standards. (ii) 500-pound barrels: Product meets Wisconsin State Brand or USDA Extra Grade or better standards. (6) Color: (i) 40-pound blocks: colored and within the color range of 6-8 on the National Cheese Institute color chart. (ii) 500-pound barrels: white. (7) Packaging: (i) 40-pound blocks: Price should reflect cheese wrapped in a sealed, airtight package in corrugated or solid fiberboard containers with a reinforcing inner liner or sleeve. Exclude all other packaging costs from the reported price. (ii) 500-pound barrels: Exclude all packaging costs from the reported price. (8) Exclude: Intra-company sales, resales of purchased cheese, forward pricing sales (sales in which the selling price was set [not adjusted] 30 or more days before the transaction was completed), chee

official document · source cfr-2024 · id 7:§ 1170.8