1 CRR-NY 21.52NY-CRR
1 CRR-NY 21.52
1 CRR-NY 21.52
21.52 Computation of producer price differential.
For each month, the commissioner shall compute a producer price differential per hundredweight. The report of any marketer who has not made payments required pursuant to section 21.64 of this Part for the preceding month shall not be included in the computation of the producer price differential, and such marketer's report shall not be included in the computation for succeeding months until the marketer has made full payment of outstanding monthly obligations. Subject to the aforementioned conditions, the commissioner shall compute the producer price differential in the following manner:
(a) combine into one total the values computed pursuant to section 21.50 of this Part for all marketers required to file reports prescribed in section 21.20 of this Part;
(b) subtract the total of the values obtained by multiplying each marketer's total pounds of protein, other solids, and butterfat contained in the milk for which an obligation was computed pursuant to section 21.50 of this Part by the protein price, other solids price, and the butterfat price, respectively;
(c) add an amount equal to the minus location adjustment and subtract an amount equal to the plus location adjustments computed pursuant to section 21.61 of this Part;
(d) add an amount equal to the balance in the equalization fund;
(e) deduct any reserve which the commissioner may deem necessary to cover any item or items in litigation or substantial controversy, which reserve the commissioner is hereby authorized to establish and from which he shall subsequently make payment or distribution in an equitable manner;
(f) subtract the total of payments required to be made for such month by sections 21.62 and 21.67 of this Part;
(g) divide the resulting amount by the sum of the following for all marketers included in these computations;
(1) the total hundredweight of producer milk; and
(2) the total hundredweight for which a value is computed pursuant to section 21.50(h) of this Part; and
(h) subtract not less than four cents nor more than five cents from the price computed pursuant to subdivision (g) of this section. The result, rounded to the nearest cent, shall be known as the producer price differential for the month.
1 CRR-NY 21.52
Current through July 31, 2023
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