Section 4.1-26-10 - Milk stabilization plans - Required provisionsThe milk marketing board shall establish a milk stabilization plan for each milk marketing area.
1.a. Each milk stabilization plan must include the minimum price that processors located within the particular milk marketing area must pay to dairy farmers for raw milk.b. In establishing the minimum price, as required by this subsection, the board shall consider various factors pertinent to the milk marketing area, including: (1) Supplies of raw milk;(2) Reserve supplies of raw milk;(3) Production and retail sales data;2.a. Each milk stabilization plan must include the minimum price that a processor must charge a retailer for milk products, provided the minimum price for each item is applicable, regardless of the location at which the retailer accepts delivery.b. Each milk stabilization plan must include the minimum price that a distributor must charge a retailer for milk products, provided the minimum price for each item is applicable, regardless of the location at which the retailer accepts delivery.c. Each milk stabilization plan must include the minimum price that any person must charge a consumer for milk products.d. In establishing the minimum price, as required by this subsection, the board shall consider various factors pertinent to the milk marketing area, including: (2) Processing and distribution costs;(3) Returns upon investment; and(4) Retail sales volumes.Added by S.L. 2015, ch. 72 (HB 1027),§ 1, eff. 7/1/2015.