7 C.F.R. § 1007.71

Current through November 30, 2024

Section 1007.71 - Payments to the producer-settlement fund

Each handler shall make a payment to the producer-settlement fund in a manner that provides receipt of the funds by the market administrator no later than the 12th day after the end of the month (except as provided in § 1000.90 ). Payment shall be the amount, if any, by which the amount specified in paragraph (a) of this section exceeds the amount specified in paragraph (b) of this section:

(a) The total value of milk of the handler for the month as determined pursuant to § 1007.60 ; and

(b) The sum of the value at the uniform prices for skim milk and butterfat, adjusted for plant location, of the handler's receipts of producer milk; and the value at the uniform price, as adjusted pursuant to § 1007.75 , applicable at the location of the plant from which received of other source milk for which a value is computed pursuant to § 1007.60(e) .

7 C.F.R. §1007.71