This document is a notice from the Department of Agriculture, specifically the Agricultural Marketing Service (AMS), regarding a public hearing to be held on August 23, 2023. The purpose of the hearing is to consider and gather evidence on proposed amendments to the pricing formulas in the 11 Federal Milk Marketing Orders (FMMOs).
The proposed amendments to the marketing orders concern various aspects of milk pricing and composition. Some of the proposals include changes to the pricing formulas for Class III and Class IV milk, adjustments to make allowances for butter, nonfat solids, and other dairy products, as well as modifications to the base Class I skim milk price and Class I and Class II differentials.
Interested parties, including dairy farmers and industry organizations, are invited to present evidence and provide testimony on the proposed amendments during the hearing. Testimony will be organized by subject area, and each witness will have 60 minutes to present their testimony and undergo direct examination. Parties may also submit exhibits related to their testimony in advance of the hearing.
The document provides details on how interested parties can participate, how to request data from the USDA for the hearing, and the procedural guidelines for submitting testimony and exhibits. It also outlines the subject areas for which proposals have been submitted, such as milk composition, surveyed commodity products, Class III and Class IV formula factors, base Class I skim milk price, and Class I and Class II differentials.