USDA Proposes to Increase Make Allowances in Federal Order Class III and IV Price Formulas

Posted by Brian Gould Fri, 20 Jun 2008 12:00:00 GMT

The U SDA issued a tentative final decision to amend the Class III and Class IV product price formulas in all Federal milk marketing orders. The decision was based on the record of the first session of a public hearing held in Strongsville, Ohio on February 26- March 2, 2007, a second session of a public hearing held in Indianapolis, Ind., on April 9-13, 2007, and a third session of a public hearing held in Pittsburgh, Pa., on July 9-11, 2007.

The decision would amend the make allowances for cheese, butter, NFDM and dry whey. Specifically, this decision would adopt the following make allowances: cheese - $0.2003 per pound; butter - $0.1715 per pound; NFDM - $0.1678 per pound; and dry whey - $0.1991 per pound. This decision also proposes to increase the butterfat yield factor of the butterfat price formula from 1.20 to 1.211.

A complete copy of the Federal Registry record can be obtained by clicking here.