7 CFR 1033.71 : Agriculture (This Book Contains Parts 1 To 26) (§ 1000.1 To Part 26) — Regulations Of The Department Of Agriculture (Continued) (§ 1000.1 To Parts 1171-1199) — Agricultural Marketing Service (Marketing Agreements And Orders; Milk), Department Of Agriculture (§ 1000.1 To Parts 1171-1199) — Milk In The Mideast Marketing Area (§ 1033.1 To § 1033.86) — Order Regulating Handling (§ 1033.1 To § 1033.86) — Payments For Milk (§ 1033.70 To § 1033.78) — Payments to the producer-settlement fund.

25 Jun 2015

Each handler shall make payment to the producer-settlement fund in a manner that provides receipt of the funds by the market administrator no later than the 15th 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 to the handler for the month as determined pursuant to § 1033.60.

(b) The sum of:

(1) An amount obtained by multiplying the total hundredweight of producer milk as determined pursuant to § 1000.44(c) by the producer price differential as adjusted pursuant to § 1033.75;

(2) An amount obtained by multiplying the total pounds of protein, other solids, and butterfat contained in producer milk by the protein, other solids, and butterfat prices, respectively;

(3) The total value of the somatic cell adjustment to producer milk; and

(4) An amount obtained by multiplying the pounds of skim milk and butterfat for which a value was computed pursuant to § 1033.60(i) by the producer price differential as adjusted pursuant to § 1033.75 for the location of the plant from which received.

7 CFR 1033.71
[64 FR 47991, Sept. 1, 1999, as amended at 65 FR 82839, Dec. 28, 2000; 68 FR 7068, Feb. 12, 2003]