New York Codes, Rules and Regulations › Title 1 - DEPARTMENT OF AGRICULTURE AND MARKETS › Chapter I - Milk Control › Subchapter B - Milk Control Orders › Part 21 - Western New York Milk Marketing Area-official Order No. 127 › Minimum Prices › Section 21.40 - Class prices, component prices and advanced pricing factors

Current through Register Vol. 46, No. 28, July 10, 2024
Class prices per hundredweight of milk containing 3.5
						percent butterfat, component prices, and advanced pricing factors shall be as
						follows. The prices and pricing factors described in subdivisions (a), (b),
						(c), (e), (f) and (g) of this section shall be based on a weighted average of
						the most recent two weekly prices announced by the National Agricultural
						Statistical Service (NASS) before the 24th day of the month. These prices shall
						be announced on or before the 23rd day of the month and shall apply to milk
						received during the following month. The prices described in subdivisions
						(g)-(o) of this section shall be based on a weighted average for the preceding
						month of weekly prices announced by NASS on or before the fifth day of the
						month and shall apply to milk received during the preceding month. The price
						described in subdivision (d) of this section shall be derived from the Class II
						skim milk price announced on or before the 23rd day of the month preceding the
						month to which it applies and the butterfat price announced on or before the
						fifth day of the month following the month to which it applies.
(a) Class I price. The Class I price per
					 hundredweight, rounded to the nearest cent, shall be.965 times the Class I skim
					 milk price plus 3.5 times the Class I butterfat price.
(b) Class I skim milk price. The Class I skim
					 milk price per hundredweight shall be the adjusted Class I differential
					 specified in section
					 21.42 
					 of this Part plus the higher of the advanced pricing factors computed in
					 paragraph (q)(1) or (2) of this section.
(c) Class I butterfat price. The Class I
					 butterfat price per pound shall be the adjusted Class I differential specified
					 in section
					 21.42 
					 of this Part divided by 100, plus the advanced butterfat price computed in
					 paragraph (q)(3) of this section.
(d) The Class II price per hundredweight,
					 rounded to the nearest cent, shall be.965 times the Class II skim milk price
					 plus 3.5 times the Class II butterfat price.
(e) Class II skim milk price. The Class II
					 skim milk price per hundredweight shall be the advanced Class IV skim milk
					 price computed in paragraph (q)(2) of this section plus 70 cents.
(f) Class II nonfat solids price. The Class
					 II nonfat solids price per pound, rounded to the nearest one-hundredth cent,
					 shall be the Class II skim milk price divided by 9.
(g) Class II butterfat price. The Class II
					 butterfat price per pound shall be the butterfat price plus $.007.
(h) Class III price. The Class III price per
					 hundredweight, rounded to the nearest cent, shall be.965 times the Class III
					 skim milk price plus 3.5 times the butterfat price.
(i) Class III skim milk price. The Class III
					 skim milk price per hundredweight, rounded to the nearest cent, shall be the
					 protein price per pound times 3.1 plus the other solids price per pound times
					 5.9.
(j) Class IV price. The Class
					 IV price per hundredweight, rounded to the nearest cent, shall be.965 times the
					 Class IV skim milk price plus 3.5 times the butterfat price.
(k) Class IV skim milk price. The Class IV
					 skim milk price per hundredweight, rounded to the nearest cent, shall be the
					 nonfat solids price per pound times 9.
(l) Butterfat price. The butterfat price per
					 pound, rounded to the nearest one-hundredth cent, shall be the U.S. average
					 NASS AA Butter survey price reported by the U.S. Department of Agriculture for
					 the month less 11.4 cents, with the result divided by 0.82.
(m) Nonfat solids price. The nonfat solids
					 price per pound, rounded to the nearest one- hundredth cent, shall be the U.S.
					 average NASS nonfat dry milk survey price reported by the U.S. Department of
					 Agriculture for the month less 13.7 cents, with the result divided by
					 1.02.
(n) Protein price. The
					 protein price per pound, rounded to the nearest one-hundredth cent, shall be
					 computed as follows:
(1) compute a weighted
					 average of the amounts described in subparagraphs (i) and (ii) of this
					 paragraph:
(i) the U.S. average NASS survey
					 price for 40-pound block cheddar cheese reported by the U.S. Department of
					 Agriculture for the month; and
(ii)
					 the U.S. average NASS survey price for 500-pound barrel cheddar cheese (39
					 percent moisture) reported by the U.S. Department of Agriculture for the month
					 plus 3 cents;