Milk in the New England and Other Marketing Areas; Decision on Proposed Amendments to Marketing Agreements and to Orders; Proposed Rules DEPARTMENT OF AGRICULTURE

Résumé

This final decision adopts a formula to price Class II milk under all Federal orders. The Class II milk price would be the basic formula price for the second preceding month plus a fixed differential of $0.30. The Class II price would, like the Class I price in all Federal orders, be announced on or before the fifth day of the month and apply to milk marketed during the following month. This final decision would also eliminate the ``add-back'' provision which requires that the difference between the Class II price and the Class III price be added to the subsequent month's Class II price when the Class II price for the month falls below the Class III price. Referenda will be conducted in six markets and dairy farmers cooperatives will be polled in the other markets to determine whether dairy farmers approve the issuance of the orders as proposed to be amended.