N.Y. Comp. Codes R. & Regs. tit. 1 § 21.64

Current through Register Vol. 46, No. 50, December 11, 2024

Section 21.64 - Payments to equalization fund

Each marketer shall make payment to the equalization fund in a manner that provides receipt of the funds by the commissioner no later than the 15th day after the end of the month (except as provided in section 21.92 of this Part). Payment shall be the amount, if any, by which the amount specified in subdivision (a) of this section exceeds the amount specified in subdivision (b) of this section.

(a) The total value of milk to the marketer for the month as determined pursuant to section 21.50 of this Part.

(b) The sum of:

(1) an amount obtained by multiplying the total hundredweight of producer milk as determined pursuant to section 21.34(c) of this Part by the producer price differential as adjusted pursuant to section 21.61 of this Part;

(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; and

(3) an amount obtained by multiplying the pounds of skim milk and butterfat for which a value was computed pursuant to section 21.50(h) of this Part by the producer differential as adjusted pursuant to section 21.61 of this Part for the location of the plant from which received.

N.Y. Comp. Codes R. & Regs. Tit. 1 § 21.64