Louisiana Administrative Code
Title 7 - AGRICULTURE AND ANIMALS
Part XXXI - Milk, Milk Products and Substitutions
Chapter 5 - Tax Credit for Certain Milk Producers
Section XXXI-511 - Determination of the Announced Production Price
Universal Citation: LA Admin Code XXXI-511
Current through Register Vol. 50, No. 9, September 20, 2024
A. The announced production price shall be determined based on the following factors:
1.
the average uniform price of milk in the top five states from which milk is
imported to Louisiana;
2. the
average transportation cost of importing milk from those five states;
3. the cost of production in
Louisiana.
B. The determination of the announced production price shall be based on calculations made by the Louisiana State University Agricultural Center, Department of Agricultural Economics and Agribusiness, using the factors set out in Subsection A of this Section.
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:2(A) and R.S. 47:6032(B).
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