A removable balanced plug assembly for a balanced farm tap regulator , the removable balanced plug assembly comprising: a valve stem that is adapted to be longitudinally movable within a valve housing , the valve stem including a stem balanced fluid passage having a stem fluid inlet at a first passage end and a stem fluid outlet at a second passage end and the valve stem including an externally extending stem flange between a first stem end and a second stem end ; a disk that is adapted to cooperate with a valve seat , the disk being removably attached to the valve stem , and the disk including a disk balanced fluid passage , the disk balanced fluid passage having a disk fluid inlet at a first disk end and a disk fluid outlet at a second disk end, the disk balanced fluid passage being fluidly connected with the stem balanced fluid passage ; and a stem guide adapted to be removably attached to the valve housing , the stem guide including an inwardly extending guide flange at a first stem guide end and an externally extending guide flange at a second stem guide end, the stem guide slidably retaining the valve stem ; characterized in that the inwardly extending guide flange cooperates with the externally extending stem flange of the valve stem to form a balance chamber and to define longitudinal limits of the balance chamber , the stem balanced fluid passage being fluidly connected to the balance chamber at the stem fluid outlet and to the disk balanced fluid passage at the stem fluid inlet , so that inlet fluid pressure is delivered to the balance chamber through the disk balanced fluid passage and the stem balanced fluid passage to act on the valve stem to counter the inlet fluid pressure acting on the disk . a valve stem that is adapted to be longitudinally movable within a valve housing , the valve stem including a stem balanced fluid passage having a stem fluid inlet at a first passage end and a stem fluid outlet at a second passage end and the valve stem including an externally extending stem flange between a first stem end and a second stem end ; a disk that is adapted to cooperate with a valve seat , the disk being removably attached to the valve stem , and the disk including a disk balanced fluid passage , the disk balanced fluid passage having a disk fluid inlet at a first disk end and a disk fluid outlet at a second disk end, the disk balanced fluid passage being fluidly connected with the stem balanced fluid passage ; and a stem guide adapted to be removably attached to the valve housing , the stem guide including an inwardly extending guide flange at a first stem guide end and an externally extending guide flange at a second stem guide end, the stem guide slidably retaining the valve stem ; characterized in that the inwardly extending guide flange cooperates with the externally extending stem flange of the valve stem to form a balance chamber and to define longitudinal limits of the balance chamber , the stem balanced fluid passage being fluidly connected to the balance chamber at the stem fluid outlet and to the disk balanced fluid passage at the stem fluid inlet , so that inlet fluid pressure is delivered to the balance chamber through the disk balanced fluid passage and the stem balanced fluid passage to act on the valve stem to counter the inlet fluid pressure acting on the disk . <EOS>