USDA Amends Milk Pricing Formulas for Class III and Class IV Milk Orders

Summary

The US Department of Agriculture has issued an interim rule to adjust milk pricing formulas for Class III and Class IV milk orders, effective January 1, 2001, in response to the Consolidated Appropriations Act of 2000, which mandated a review of the formulas. The changes aim to align with the new requirements and provide separate pricing for butterfat in Class III and Class IV milk orders.