North Dakota Administrative Code
Title 51 - Milk Marketing Board
Article 51-03 - Market Areas and Stabilization Plans
Chapter 51-03-02 - Stabilization Plans for Market Area 1
Section 51-03-02-15 - Formula to determine changes in the class I wholesale and retail prices

Universal Citation: ND Admin Code ยง 51-03-02-15
Current through Supplement No. 394, October, 2024

Based upon the class I formula as ordered in section 51-03-02-06, for each hundredweight price change to dairy farmers for raw milk or an increase or decrease of $.001 in the federal market order number 30 butterfat differential based on $.053, the following factors will be used in determining adjustments in the class I wholesale and retail prices. If the first of the month falls on a Monday, Tuesday, or Wednesday, minimum wholesale and retail prices go in effect that Monday. If the first of the month falls on a Thursday, Friday, Saturday, or Sunday, minimum wholesale and retail prices go in effect the following Monday.

Item Hundredweight Factor B.F. Factor
Whole milk 1/2 gallon $.0098900 $(.0001075)
2% milk .0099130 (.0006465)
1% milk .0099130 (.0010775)
Skim milk .0099245 (.0012945)
Buttermilk .0099245 (.0012945)
Whole chocolate .0094645 (.0001029)
2% chocolate .0094875 (.0006188)
1% chocolate .0094875 (.0010313)
Skim chocolate .0094990 (.0012390)

All price adjustments at the retail level should be made to the nearest one cent per unit: wholesale to the nearest $.001 per unit. Wholesale and retail price increases or decreases shall be adjusted for volume discounts. The foregoing class I formula price changes shall be automatically adjusted without further amendment to this stabilization plan.

General Authority: NDCC 4-18.1-03, 4-18.1-07, 4-18.1-20, 28-32-03.1(3)

Law Implemented: NDCC 4-18.1-07

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